Overview of Resutaaju Suminodou (レスタージュ住道)
Resutaaju Suminodou (レスタージュ住道) is a 23-year-old condominium located at Daitou Shi Hyouya 3 Choume 11-50 (大東市氷野3丁目11-50), Osaka, Japan. Built in 2003, it comprises 354 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hase Kou Kooporeeshon , Maeda Kensetsu Kougyou (長谷工コーポレーション、 前田建設工業).
Pricing & Floor Plans
Based on 108 past listings, prices have ranged from 1,450〜3,980万円 (approx. $96,667–$265,333 USD at ¥150/$).
Unit sizes range from 61.6–92.4 sqm (663–995 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥41.3万/sqm (approx. $2,754/sqm or $256/sqft).
Location & Neighborhood
The property is located at Daitou Shi Hyouya 3 Choume 11-50 (大東市氷野3丁目11-50), Osaka, Japan. It is a 15-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 23 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 354 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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