Overview of Furorashion Sakai Kaori Ke Oka (フロラシオン堺香ケ丘)
Furorashion Sakai Kaori Ke Oka (フロラシオン堺香ケ丘) is a 30-year-old condominium located at Sakaishi Sakai Ku Kaori Ke Oka Machi 4 Choume 5-15 (堺市堺区香ヶ丘町4丁目5-15), Osaka, Japan. Built in 1996, it comprises 35 units in a Reinforced Concrete (RC) structure. It was constructed by Kanayama Koumuten (金山工務店).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 1,280〜1,980万円 (approx. $85,333–$132,000 USD at ¥150/$).
Unit sizes range from 63.6–71.2 sqm (685–766 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥25.6万/sqm (approx. $1,705/sqm or $158/sqft).
Location & Neighborhood
The property is located at Sakaishi Sakai Ku Kaori Ke Oka Machi 4 Choume 5-15 (堺市堺区香ヶ丘町4丁目5-15), 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 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.
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