Overview of Kongou Aabankonfooto (金剛アーバンコンフォート)
Kongou Aabankonfooto (金剛アーバンコンフォート) is a 32-year-old condominium located at Tondabayashi Shi Teraike Dai 1 Choume 9-55 (富田林市寺池台1丁目9-55), Osaka, Japan. Built in 1994, it comprises 77 units in a Reinforced Concrete (RC) structure. It was constructed by Nishimatsu Kensetsu (西松建設).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 1,490〜1,989万円 (approx. $99,333–$132,600 USD at ¥150/$).
Unit sizes range from 66.1–67.8 sqm (711–730 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: ¥28.3万/sqm (approx. $1,886/sqm or $175/sqft).
Location & Neighborhood
The property is located at Tondabayashi Shi Teraike Dai 1 Choume 9-55 (富田林市寺池台1丁目9-55), Osaka, Japan. It is a 7-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 32 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 77 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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