Overview of Esuriido Umeda Higashi (エスリード梅田東)
Esuriido Umeda Higashi (エスリード梅田東) is a 26-year-old condominium located at Oosakashi Kitaku Tenma 3 Choume 11-6 (大阪市北区天満3丁目11-6), Osaka, Japan. Built in 2000, it comprises 76 units in a Reinforced Concrete (RC) structure. It was constructed by Matsumura Kumi (松村組).
Pricing & Floor Plans
Based on 41 past listings, prices have ranged from 890〜1,450万円 (approx. $59,333–$96,667 USD at ¥150/$).
Unit sizes range from 18.9–18.9 sqm (203–203 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen).
Estimated price per sqm: ¥63.5万/sqm (approx. $4,231/sqm or $393/sqft).
Location & Neighborhood
The property is located at Oosakashi Kitaku Tenma 3 Choume 11-6 (大阪市北区天満3丁目11-6), Osaka, Japan. It is a 4-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 26 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 76 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.
Analyze this property's fair price and negotiation room for free at RE:public.