Overview of Sharumanfujiroiyarukuresento Izumiootsu Shinonome Kouen (シャルマンフジロイヤルクレセント泉大津東雲公園)
Sharumanfujiroiyarukuresento Izumiootsu Shinonome Kouen (シャルマンフジロイヤルクレセント泉大津東雲公園) is a 27-year-old condominium located at Izumiootsu Shi Shinonomechou 14-65 (泉大津市東雲町14-65), Osaka, Japan. Built in 1999, it comprises 124 units in a Reinforced Concrete (RC) structure. It was constructed by Kaji Ta Koumuten (鍛冶田工務店).
Pricing & Floor Plans
Based on 51 past listings, prices have ranged from 1,190〜2,380万円 (approx. $79,333–$158,667 USD at ¥150/$).
Unit sizes range from 62.4–78.4 sqm (672–844 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥29.2万/sqm (approx. $1,949/sqm or $181/sqft).
Location & Neighborhood
The property is located at Izumiootsu Shi Shinonomechou 14-65 (泉大津市東雲町14-65), Osaka, Japan. It is a 9-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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 124 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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