Overview of Sejuuru Kishiwada (セジュール岸和田)
Sejuuru Kishiwada (セジュール岸和田) is a 30-year-old condominium located at Kishiwada Shi Fujii Machi 1 Choume 4-5 (岸和田市藤井町1丁目4-5), Osaka, Japan. Built in 1996, it comprises 31 units in a Reinforced Concrete (RC) structure. It was constructed by Asakawa Kumi (淺川組).
Pricing & Floor Plans
Based on 9 past listings, prices have ranged from 880〜1,380万円 (approx. $58,667–$92,000 USD at ¥150/$).
Unit sizes range from 61.2–63.3 sqm (659–681 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥19.9万/sqm (approx. $1,329/sqm or $123/sqft).
Location & Neighborhood
The property is located at Kishiwada Shi Fujii Machi 1 Choume 4-5 (岸和田市藤井町1丁目4-5), Osaka, Japan. It is a 3-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 30 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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