Overview of Rejionsukuea Ryokuchi Kouen 4 Ban Kan (レジオンスクエア緑地公園４番館)
Rejionsukuea Ryokuchi Kouen 4 Ban Kan (レジオンスクエア緑地公園４番館) is a 25-year-old condominium located at Suitashi Kasuga 2 Choume 6-4 (吹田市春日2丁目6-4), Osaka, Japan. Built in 2001, it comprises 140 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Dai Matsu Kensetsu (大末建設).
Pricing & Floor Plans
Based on 34 past listings, prices have ranged from 2,680〜6,480万円 (approx. $178,667–$432,000 USD at ¥150/$).
Unit sizes range from 71.8–134.5 sqm (773–1448 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Suitashi Kasuga 2 Choume 6-4 (吹田市春日2丁目6-4), 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 25 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 140 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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