Overview of Kingumanshonshiiburissa Konohana (キングマンションシーブリッサ此花)
Kingumanshonshiiburissa Konohana (キングマンションシーブリッサ此花) is a 24-year-old condominium located at Oosakashi Konohana Ku Denpou 6 Choume 1-65 (大阪市此花区伝法6丁目1-65), Osaka, Japan. Built in 2002, it comprises 164 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Seibukensetsu , Toukaikougyou (西武建設、 東海興業).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥49.7万/sqm (approx. $3,311/sqm or $308/sqft).
Location & Neighborhood
The property is located at Oosakashi Konohana Ku Denpou 6 Choume 1-65 (大阪市此花区伝法6丁目1-65), Osaka, Japan. It is a 7-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 24 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 164 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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