Overview of Gureisugeeto Yao (グレイスゲート八尾)
Gureisugeeto Yao (グレイスゲート八尾) is a 19-year-old condominium located at Yaoshi Minami Uematsu Machi 2 Choume 1 (八尾市南植松町2丁目1), Osaka, Japan. Built in 2007, it comprises 141 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 62 past listings, prices have ranged from 1,800〜3,400万円 (approx. $120,000–$226,667 USD at ¥150/$).
Unit sizes range from 63.2–85.0 sqm (680–915 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), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥35.8万/sqm (approx. $2,388/sqm or $222/sqft).
Location & Neighborhood
The property is located at Yaoshi Minami Uematsu Machi 2 Choume 1 (八尾市南植松町2丁目1), 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
Scale advantage: With 141 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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