Overview of Haateisu Ikeda Ishibashi (ハーティス池田石橋)
Haateisu Ikeda Ishibashi (ハーティス池田石橋) is a 27-year-old condominium located at Ikeda Shi Sumiyoshi 1 Choume 5-1 (池田市住吉1丁目5-1), Osaka, Japan. Built in 1999, it comprises 72 units in a Reinforced Concrete (RC) structure. It was constructed by Nippon Hodou (日本鋪道).
Pricing & Floor Plans
Based on 44 past listings, prices have ranged from 2,180〜3,998万円 (approx. $145,333–$266,533 USD at ¥150/$).
Unit sizes range from 70.4–98.2 sqm (758–1057 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥35.8万/sqm (approx. $2,383/sqm or $221/sqft).
Location & Neighborhood
The property is located at Ikeda Shi Sumiyoshi 1 Choume 5-1 (池田市住吉1丁目5-1), Osaka, Japan. It is a 9-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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 72 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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