Overview of Ribaa Heiya Gaadenzu (リバー平野ガーデンズ)
Ribaa Heiya Gaadenzu (リバー平野ガーデンズ) is a 20-year-old condominium located at Oosakashi Heiya Kuchou Kichi Nagahara Higashi 2 Choume 8-36 (大阪市平野区長吉長原東2丁目8-36), Osaka, Japan. Built in 2006, it comprises 299 units in a Reinforced Concrete (RC) structure. It was constructed by Maeda Kensetsu Kougyou , Touyou Kensetsu (前田建設工業、 東洋建設).
Pricing & Floor Plans
Based on 96 past listings, prices have ranged from 1,980〜3,780万円 (approx. $132,000–$252,000 USD at ¥150/$).
Unit sizes range from 63.9–106.2 sqm (688–1143 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3DK (3-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥50.3万/sqm (approx. $3,351/sqm or $311/sqft).
Location & Neighborhood
The property is located at Oosakashi Heiya Kuchou Kichi Nagahara Higashi 2 Choume 8-36 (大阪市平野区長吉長原東2丁目8-36), Osaka, Japan. It is a 6-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 299 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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