Overview of Sanshitei Kaizuka 4 Ban Kan (サンシティ貝塚４番館)
Sanshitei Kaizuka 4 Ban Kan (サンシティ貝塚４番館) is a 31-year-old condominium located at Kaizukashi Seiji 665 (貝塚市清児665), Osaka, Japan. Built in 1995, it comprises 187 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 83 past listings, prices have ranged from 590〜1,650万円 (approx. $39,333–$110,000 USD at ¥150/$).
Unit sizes range from 69.6–88.5 sqm (749–953 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥14.3万/sqm (approx. $951/sqm or $88/sqft).
Location & Neighborhood
The property is located at Kaizukashi Seiji 665 (貝塚市清児665), Osaka, Japan. It is a 3-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 31 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 187 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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