Overview of Suteitsu Suita Senri Oka Ni Ban Kan (ステイツ吹田千里丘弐番館)
Suteitsu Suita Senri Oka Ni Ban Kan (ステイツ吹田千里丘弐番館) is a 30-year-old condominium located at Suitashi Nagano Nishi 11-31 (吹田市長野西11-31), Osaka, Japan. Built in 1996, it comprises 40 units in a Reinforced Concrete (RC) structure. It was constructed by Satou Kougyou (佐藤工業).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 1,690〜3,280万円 (approx. $112,667–$218,667 USD at ¥150/$).
Unit sizes range from 58.6–76.5 sqm (631–823 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), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥51.2万/sqm (approx. $3,416/sqm or $317/sqft).
Location & Neighborhood
The property is located at Suitashi Nagano Nishi 11-31 (吹田市長野西11-31), 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 30 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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.