Overview of Rumine Fujiidera (ルミネ藤井寺)
Rumine Fujiidera (ルミネ藤井寺) is a 40-year-old condominium located at Fujiidera Ichioka 1 Choume 5-35 (藤井寺市岡1丁目5-35), Osaka, Japan. Built in 1986, it comprises 49 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Shimizukensetsu (清水建設).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 830〜2,290万円 (approx. $55,333–$152,667 USD at ¥150/$).
Unit sizes range from 46.7–65.0 sqm (503–700 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥35.5万/sqm (approx. $2,363/sqm or $220/sqft).
Location & Neighborhood
The property is located at Fujiidera Ichioka 1 Choume 5-35 (藤井寺市岡1丁目5-35), Osaka, Japan. It is a 3-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 40 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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