Overview of Guran'asshu Suminoe (グランアッシュ住之江)
Guran'asshu Suminoe (グランアッシュ住之江) is a 21-year-old condominium located at Oosakashi Suminoe Ku Nikita Shima 8 Choume 1-17 (大阪市住之江区新北島8丁目1-17), Osaka, Japan. Built in 2005, it comprises 83 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 50 past listings, prices have ranged from 1,580〜3,980万円 (approx. $105,333–$265,333 USD at ¥150/$).
Unit sizes range from 66.3–94.4 sqm (714–1016 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥40.2万/sqm (approx. $2,681/sqm or $249/sqft).
Location & Neighborhood
The property is located at Oosakashi Suminoe Ku Nikita Shima 8 Choume 1-17 (大阪市住之江区新北島8丁目1-17), Osaka, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 83 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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