Overview of Esuriido Suminodou (エスリード住道)
Esuriido Suminodou (エスリード住道) is a 24-year-old condominium located at Daitou Shidai No 1 Choume 2-7 (大東市大野1丁目2-7), Osaka, Japan. Built in 2002, it comprises 22 units in a Reinforced Concrete (RC) structure. It was constructed by Hironari Kensetsu , Morita Kensetsu (広成建設、 モリタ建設).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 2,180〜3,398万円 (approx. $145,333–$226,533 USD at ¥150/$).
Unit sizes range from 55.8–71.9 sqm (601–774 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥46.7万/sqm (approx. $3,113/sqm or $289/sqft).
Location & Neighborhood
The property is located at Daitou Shidai No 1 Choume 2-7 (大東市大野1丁目2-7), Osaka, Japan. It is a 3-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 24 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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