Overview of Takami Furoorarutaunsentorarusukuea 3 1 (高見フローラルタウンセントラルスクエア３１)
Takami Furoorarutaunsentorarusukuea 3 1 (高見フローラルタウンセントラルスクエア３１) is a 37-year-old condominium located at Oosakashi Konohana Ku Takami 1 Choume 3-31 (大阪市此花区高見1丁目3-31), Osaka, Japan. Built in 1989, it comprises 78 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kashima Kensetsu (鹿島建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥34.0万/sqm (approx. $2,268/sqm or $211/sqft).
Location & Neighborhood
The property is located at Oosakashi Konohana Ku Takami 1 Choume 3-31 (大阪市此花区高見1丁目3-31), Osaka, Japan. It is a 10-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 37 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 78 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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