Overview of Oosakajou Kouen Guriinmanshon (大阪城公園グリーンマンション)
Oosakajou Kouen Guriinmanshon (大阪城公園グリーンマンション) is a 28-year-old condominium located at Oosakashi Joutouku Shigino Nishi 2 Choume 6-1 (大阪市城東区鴫野西2丁目6-1), Osaka, Japan. Built in 1998, it comprises 44 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 34 past listings, prices have ranged from 1,830〜4,498万円 (approx. $122,000–$299,867 USD at ¥150/$).
Unit sizes range from 58.8–72.2 sqm (633–777 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 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: ¥61.9万/sqm (approx. $4,125/sqm or $383/sqft).
Location & Neighborhood
The property is located at Oosakashi Joutouku Shigino Nishi 2 Choume 6-1 (大阪市城東区鴫野西2丁目6-1), 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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