Overview of Sayama Juutaku 2 1 Goutou (狭山住宅21号棟)
Sayama Juutaku 2 1 Goutou (狭山住宅21号棟) is a 55-year-old condominium located at Oosakasayama Shi Nishiyama Dai 5 Choume 2-21 (大阪狭山市西山台5丁目2-21), Osaka, Japan. Built in 1971, it comprises 20 units in a Reinforced Concrete (RC) structure. It was constructed by Juutaku Toshi Seibi Koudan (住宅都市整備公団).
Pricing & Floor Plans
Based on 5 past listings, prices have ranged from 220〜398万円 (approx. $14,667–$26,533 USD at ¥150/$).
Unit sizes range from 48.9–48.9 sqm (526–526 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Oosakasayama Shi Nishiyama Dai 5 Choume 2-21 (大阪狭山市西山台5丁目2-21), Osaka, Japan. It is a 10-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Seismic standards: Built in 1971, this property predates Japan's 1981 New Seismic Design Standards (新耐震基準). Buildings constructed before June 1981 were built to older earthquake resistance codes. Buyers should consider seismic retrofit status.
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 55 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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