Overview of Runefureshiiru (ルネフレシール)
Runefureshiiru (ルネフレシール) is a 23-year-old condominium located at Oosakashi Nishiku Kawaguchi 3 Choume 9-2 (大阪市西区川口3丁目9-2), Osaka, Japan. Built in 2003, it comprises 137 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 60 past listings, prices have ranged from 1,980〜4,800万円 (approx. $132,000–$320,000 USD at ¥150/$).
Unit sizes range from 65.3–85.8 sqm (703–924 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥50.9万/sqm (approx. $3,393/sqm or $315/sqft).
Location & Neighborhood
The property is located at Oosakashi Nishiku Kawaguchi 3 Choume 9-2 (大阪市西区川口3丁目9-2), Osaka, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 137 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.
Analyze this property's fair price and negotiation room for free at RE:public.