Overview of Komonshitei Hoshida Verudekooto 1 Ban Kan (コモンシティ星田ヴェルデコート１番館)
Komonshitei Hoshida Verudekooto 1 Ban Kan (コモンシティ星田ヴェルデコート１番館) is a 32-year-old condominium located at Kounoshi Hoshida Nishi 5 Choume 5-1 (交野市星田西5丁目5-1), Osaka, Japan. Built in 1994, it comprises 33 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon , Mori Kumi (長谷工コーポレーション、 森組).
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 1,380〜1,680万円 (approx. $92,000–$112,000 USD at ¥150/$).
Unit sizes range from 84.8–96.0 sqm (913–1033 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥16.6万/sqm (approx. $1,109/sqm or $103/sqft).
Location & Neighborhood
The property is located at Kounoshi Hoshida Nishi 5 Choume 5-1 (交野市星田西5丁目5-1), Osaka, Japan. It is a 24-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 32 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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