Overview of Ekuserensu Yamamoto (エクセレンス山本)
Ekuserensu Yamamoto (エクセレンス山本) is a 41-year-old condominium located at Yaoshi Yamamoto Machi Kita 8 Choume 5-6 (八尾市山本町北8丁目5-6), Osaka, Japan. Built in 1985, it comprises 100 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 80 past listings, prices have ranged from 400〜1,699万円 (approx. $26,667–$113,267 USD at ¥150/$).
Unit sizes range from 52.6–74.9 sqm (566–806 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥17.9万/sqm (approx. $1,190/sqm or $111/sqft).
Location & Neighborhood
The property is located at Yaoshi Yamamoto Machi Kita 8 Choume 5-6 (八尾市山本町北8丁目5-6), Osaka, Japan. It is a 23-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 41 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 100 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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