Overview of Tsurumi Nikkou Haitsu (鶴見日光ハイツ)
Tsurumi Nikkou Haitsu (鶴見日光ハイツ) is a 43-year-old condominium located at Oosakashi Tsurumiku Tokuan 1 Choume 2-45 (大阪市鶴見区徳庵1丁目2-45), Osaka, Japan. Built in 1983, it comprises 62 units in a Reinforced Concrete (RC) structure. It was constructed by Taiheikougyou Oosakashiten (太平工業大阪支店).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥23.1万/sqm (approx. $1,537/sqm or $143/sqft).
Location & Neighborhood
The property is located at Oosakashi Tsurumiku Tokuan 1 Choume 2-45 (大阪市鶴見区徳庵1丁目2-45), Osaka, Japan. It is a 10-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 43 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 62 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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