Overview of Fujisawa Dai Daiichi Juutaku (藤沢台第１住宅)
Fujisawa Dai Daiichi Juutaku (藤沢台第１住宅) is a 45-year-old condominium located at Tondabayashi Shi Fujisawa Dai 1 Choume 3-301 ~ 310 (富田林市藤沢台1丁目3-301〜310), Osaka, Japan. Built in 1981, it comprises 220 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 89 past listings, prices have ranged from 680〜1,898万円 (approx. $45,333–$126,533 USD at ¥150/$).
Unit sizes range from 81.7–125.5 sqm (879–1351 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 5LDK (5-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥7.3万/sqm (approx. $489/sqm or $45/sqft).
Location & Neighborhood
The property is located at Tondabayashi Shi Fujisawa Dai 1 Choume 3-301 ~ 310 (富田林市藤沢台1丁目3-301〜310), Osaka, Japan. It is a 15-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 45 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 220 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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