Overview of Senri Oka Roiyaruhaitsu (千里丘ロイヤルハイツ)
Senri Oka Roiyaruhaitsu (千里丘ロイヤルハイツ) is a 43-year-old condominium located at Suitashi Senri Kyuujou 38-1 (吹田市千里丘上38-1), Osaka, Japan. Built in 1983, it comprises 41 units in a Reinforced Concrete (RC) structure. It was constructed by Fuji Kou (冨士工).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 870〜2,598万円 (approx. $58,000–$173,200 USD at ¥150/$).
Unit sizes range from 70.5–84.9 sqm (759–914 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Suitashi Senri Kyuujou 38-1 (吹田市千里丘上38-1), Osaka, Japan. It is a 14-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 43 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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