Overview of Touwa Haitaun Heiya Ekimae (藤和ハイタウン平野駅前)
Touwa Haitaun Heiya Ekimae (藤和ハイタウン平野駅前) is a 32-year-old condominium located at Oosakashi Heiya Ku Heiya Motomachi 8 Choume 8-15 (大阪市平野区平野元町8丁目8-15), Osaka, Japan. Built in 1994, it comprises 121 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Dai Matsu Kensetsu (大末建設).
Pricing & Floor Plans
Based on 87 past listings, prices have ranged from 1,120〜2,580万円 (approx. $74,667–$172,000 USD at ¥150/$).
Unit sizes range from 57.8–81.5 sqm (622–877 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), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥29.3万/sqm (approx. $1,952/sqm or $181/sqft).
Location & Neighborhood
The property is located at Oosakashi Heiya Ku Heiya Motomachi 8 Choume 8-15 (大阪市平野区平野元町8丁目8-15), Osaka, Japan. It is a 2-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 32 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 121 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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