Overview of Raguun Shin'oosaka Shiteiraifu 1 (ラグーン新大阪シティライフ１)
Raguun Shin'oosaka Shiteiraifu 1 (ラグーン新大阪シティライフ１) is a 25-year-old condominium located at Oosakashi Yodogawa Ku Nishinomiya Hara 1 Choume 7-45 (大阪市淀川区西宮原1丁目7-45), Osaka, Japan. Built in 2001, it comprises 29 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Daiwadanchi (大和団地).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 1,750〜6,380万円 (approx. $116,667–$425,333 USD at ¥150/$).
Unit sizes range from 53.9–99.6 sqm (580–1072 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1R (Studio), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥59.0万/sqm (approx. $3,937/sqm or $366/sqft).
Location & Neighborhood
The property is located at Oosakashi Yodogawa Ku Nishinomiya Hara 1 Choume 7-45 (大阪市淀川区西宮原1丁目7-45), Osaka, Japan. It is a 8-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 25 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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