Overview of Famiiru Hokudai Saka Maakusu (ファミール北大阪マークス)
Famiiru Hokudai Saka Maakusu (ファミール北大阪マークス) is a 35-year-old condominium located at Oosakashi Yodogawa Ku Niitaka 1 Choume 15-34 (大阪市淀川区新高1丁目15-34), Osaka, Japan. Built in 1991, it comprises 95 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Takenakakoumuten (竹中工務店).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥42.0万/sqm (approx. $2,799/sqm or $260/sqft).
Location & Neighborhood
The property is located at Oosakashi Yodogawa Ku Niitaka 1 Choume 15-34 (大阪市淀川区新高1丁目15-34), 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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 95 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.