Overview of Sezaaru Tsurumi Ryokuchi (セザール鶴見緑地)
Sezaaru Tsurumi Ryokuchi (セザール鶴見緑地) is a 28-year-old condominium located at Oosakashi Tsurumiku Shokuchi 4 Choume 8-14 (大阪市鶴見区諸口4丁目8-14), Osaka, Japan. Built in 1998, it comprises 31 units in a Reinforced Concrete (RC) structure. It was constructed by Nippon Kensetsu (日本建設).
Pricing & Floor Plans
Based on 30 past listings, prices have ranged from 1,430〜2,680万円 (approx. $95,333–$178,667 USD at ¥150/$).
Unit sizes range from 55.3–58.3 sqm (595–628 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: ¥43.5万/sqm (approx. $2,897/sqm or $269/sqft).
Location & Neighborhood
The property is located at Oosakashi Tsurumiku Shokuchi 4 Choume 8-14 (大阪市鶴見区諸口4丁目8-14), Osaka, Japan. It is a 6-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.
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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