Overview of Esuriido Banpaku Kouen (エスリード万博公園)
Esuriido Banpaku Kouen (エスリード万博公園) is a 28-year-old condominium located at Suitashi Yamada Higashi 3 Choume 3-10 (吹田市山田東3丁目3-10), Osaka, Japan. Built in 1998, it comprises 30 units in a Reinforced Concrete (RC) structure. It was constructed by Dai Matsu Kensetsu (大末建設).
Pricing & Floor Plans
Based on 54 past listings, prices have ranged from 1,480〜2,780万円 (approx. $98,667–$185,333 USD at ¥150/$).
Unit sizes range from 66.6–73.7 sqm (717–793 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥36.1万/sqm (approx. $2,409/sqm or $224/sqft).
Location & Neighborhood
The property is located at Suitashi Yamada Higashi 3 Choume 3-10 (吹田市山田東3丁目3-10), Osaka, Japan. It is a 15-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 28 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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