Overview of Kuraunhaimu Higashiyodogawa (クラウンハイム東淀川)
Kuraunhaimu Higashiyodogawa (クラウンハイム東淀川) is a 42-year-old condominium located at Oosakashi Higashiyodogawa Ku Shimoshinjou 3 Choume 9-50 (大阪市東淀川区下新庄3丁目9-50), Osaka, Japan. Built in 1984, it comprises 73 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Fuji Kou (冨士工).
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 1,280〜1,980万円 (approx. $85,333–$132,000 USD at ¥150/$).
Unit sizes range from 61.0–67.8 sqm (657–730 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥31.4万/sqm (approx. $2,093/sqm or $194/sqft).
Location & Neighborhood
The property is located at Oosakashi Higashiyodogawa Ku Shimoshinjou 3 Choume 9-50 (大阪市東淀川区下新庄3丁目9-50), Osaka, Japan. It is a 8-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 42 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 73 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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