Overview of Hokudai Saka Haitsu (北大阪ハイツ)
Hokudai Saka Haitsu (北大阪ハイツ) is a 45-year-old condominium located at Oosakashi Yodogawa Ku Nishinomiya Hara 2 Choume 7-17 (大阪市淀川区西宮原2丁目7-17), Osaka, Japan. Built in 1981, it comprises 70 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Zenidaka Kumi , Magara Kensetsu , Toda Kensetsu (銭高組、 真柄建設、 戸田建設).
Pricing & Floor Plans
Based on 75 past listings, prices have ranged from 1,488〜4,300万円 (approx. $99,200–$286,667 USD at ¥150/$).
Unit sizes range from 66.4–94.3 sqm (715–1015 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥38.8万/sqm (approx. $2,587/sqm or $240/sqft).
Location & Neighborhood
The property is located at Oosakashi Yodogawa Ku Nishinomiya Hara 2 Choume 7-17 (大阪市淀川区西宮原2丁目7-17), Osaka, Japan. It is a 6-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 45 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 70 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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