Overview of Mika No Dai Shiki Ga Oka (美加の台詩季が丘)
Mika No Dai Shiki Ga Oka (美加の台詩季が丘) is a 31-year-old condominium located at Kawachinagano Shi Mika No Dai 1 Choume 17-82 (河内長野市美加の台1丁目17-82), Osaka, Japan. Built in 1995, it comprises 119 units in a Reinforced Concrete (RC) structure. It was constructed by Fujita , Nankai Kensetsu , Dai Matsu Kensetsu (フジタ、 南海建設、 大末建設).
Pricing & Floor Plans
Based on 76 past listings, prices have ranged from 550〜1,180万円 (approx. $36,667–$78,667 USD at ¥150/$).
Unit sizes range from 66.3–82.7 sqm (714–890 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥9.5万/sqm (approx. $631/sqm or $59/sqft).
Location & Neighborhood
The property is located at Kawachinagano Shi Mika No Dai 1 Choume 17-82 (河内長野市美加の台1丁目17-82), Osaka, Japan. It is a 13-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 31 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 119 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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