Overview of Fuse Shiteitawaa (布施シティタワー)
Fuse Shiteitawaa (布施シティタワー) is a 25-year-old condominium located at Higashioosakashi Chou Dou 1 Choume 11-9 (東大阪市長堂1丁目11-9), Osaka, Japan. Built in 2001, it comprises 35 units in a Reinforced Concrete (RC) structure. It was constructed by Arai Kumi (新井組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥41.1万/sqm (approx. $2,743/sqm or $255/sqft).
Location & Neighborhood
The property is located at Higashioosakashi Chou Dou 1 Choume 11-9 (東大阪市長堂1丁目11-9), Osaka, Japan. It is a 5-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 25 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.
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