Overview of Raionzumanshon Kita Umeda (ライオンズマンション北梅田)
Raionzumanshon Kita Umeda (ライオンズマンション北梅田) is a 28-year-old condominium located at Oosakashi Kitaku Honjounishi 3 Choume 10-3 (大阪市北区本庄西3丁目10-3), Osaka, Japan. Built in 1998, it comprises 147 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Saeki Kensetsu Kougyou (佐伯建設工業).
Pricing & Floor Plans
Based on 75 past listings, prices have ranged from 2,080〜5,999万円 (approx. $138,667–$399,933 USD at ¥150/$).
Unit sizes range from 63.0–81.9 sqm (678–882 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥75.3万/sqm (approx. $5,023/sqm or $467/sqft).
Location & Neighborhood
The property is located at Oosakashi Kitaku Honjounishi 3 Choume 10-3 (大阪市北区本庄西3丁目10-3), Osaka, Japan. It is a 9-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 28 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 147 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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