Overview of Sharumu Tamatsukuri (シャルム玉造)
Sharumu Tamatsukuri (シャルム玉造) is a 45-year-old condominium located at Oosakashi Higashinari Ku Chuudou 3 Choume 4-24 (大阪市東成区中道3丁目4-24), Osaka, Japan. Built in 1981, it comprises 36 units in a Reinforced Concrete (RC) structure. It was constructed by Hasegawakoumuten (長谷川工務店).
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 660〜3,480万円 (approx. $44,000–$232,000 USD at ¥150/$).
Unit sizes range from 26.7–67.0 sqm (287–721 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1R (Studio), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥47.0万/sqm (approx. $3,130/sqm or $291/sqft).
Location & Neighborhood
The property is located at Oosakashi Higashinari Ku Chuudou 3 Choume 4-24 (大阪市東成区中道3丁目4-24), 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 45 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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