Overview of Riidensusukuea Shijounawate (リーデンススクエア四條畷)
Riidensusukuea Shijounawate (リーデンススクエア四條畷) is a 23-year-old condominium located at Shijounawate Shi Nishinaka No 3 Choume 2-18 (四條畷市西中野3丁目2-18), Osaka, Japan. Built in 2003, it comprises 182 units in a Reinforced Concrete (RC) structure. It was constructed by Fujita (フジタ).
Pricing & Floor Plans
Based on 36 past listings, prices have ranged from 1,750〜3,798万円 (approx. $116,667–$253,200 USD at ¥150/$).
Unit sizes range from 66.5–86.8 sqm (716–934 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥41.4万/sqm (approx. $2,761/sqm or $256/sqft).
Location & Neighborhood
The property is located at Shijounawate Shi Nishinaka No 3 Choume 2-18 (四條畷市西中野3丁目2-18), Osaka, Japan. It is a 11-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 23 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 182 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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