Overview of Touwa Sayama Haitaun (藤和さやまハイタウン)
Touwa Sayama Haitaun (藤和さやまハイタウン) is a 40-year-old condominium located at Oosakasayama Shi Ima Kuma 7 Choume 189-1 (大阪狭山市今熊7丁目189-1), Osaka, Japan. Built in 1986, it comprises 591 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Arai Kumi ・ Mitsubishi Kensetsu (新井組・三菱建設).
Pricing & Floor Plans
Based on 303 past listings, prices have ranged from 180〜1,698万円 (approx. $12,000–$113,200 USD at ¥150/$).
Unit sizes range from 16.5–119.8 sqm (178–1290 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), 1R (Studio), 3K (3-bedroom w/ kitchen).
Estimated price per sqm: ¥15.4万/sqm (approx. $1,025/sqm or $95/sqft).
Location & Neighborhood
The property is located at Oosakasayama Shi Ima Kuma 7 Choume 189-1 (大阪狭山市今熊7丁目189-1), Osaka, Japan. It is a 4-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 40 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 591 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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