Overview of Roorerukooto Taishi Hashi Imaichi (ローレルコート太子橋今市)
Roorerukooto Taishi Hashi Imaichi (ローレルコート太子橋今市) is a 28-year-old condominium located at Oosakashi Asahiku Oomiya 5 Choume 4-25 (大阪市旭区大宮5丁目4-25), Osaka, Japan. Built in 1998, it comprises 22 units in a Reinforced Concrete (RC) structure. It was constructed by Dainippon Doboku (大日本土木).
Pricing & Floor Plans
Based on 44 past listings, prices have ranged from 1,980〜3,480万円 (approx. $132,000–$232,000 USD at ¥150/$).
Unit sizes range from 62.7–112.5 sqm (675–1211 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥36.2万/sqm (approx. $2,417/sqm or $225/sqft).
Location & Neighborhood
The property is located at Oosakashi Asahiku Oomiya 5 Choume 4-25 (大阪市旭区大宮5丁目4-25), 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 28 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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