Overview of Kita Sukematsu Daisan Tsugi Danchi (北助松第３次団地)
Kita Sukematsu Daisan Tsugi Danchi (北助松第３次団地) is a 39-year-old condominium located at Izumiootsu Shi Suehirochou 2 Choume 3-10 (泉大津市末広町2丁目3-10), Osaka, Japan. Built in 1987, it comprises 49 units in a Reinforced Concrete (RC) structure. It was constructed by Taiseikensetsu (大成建設).
Pricing & Floor Plans
Based on 11 past listings, prices have ranged from 699〜1,380万円 (approx. $46,600–$92,000 USD at ¥150/$).
Unit sizes range from 72.3–72.3 sqm (778–778 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥10.9万/sqm (approx. $725/sqm or $67/sqft).
Location & Neighborhood
The property is located at Izumiootsu Shi Suehirochou 2 Choume 3-10 (泉大津市末広町2丁目3-10), Osaka, Japan. It is a 13-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 39 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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