Overview of Daiaparesu Hamadera Suwa Mori (ダイアパレス浜寺諏訪森)
Daiaparesu Hamadera Suwa Mori (ダイアパレス浜寺諏訪森) is a 28-year-old condominium located at Sakaishi Nishiku Hamaderasuwanomorichou Nishi 2 Choume 138-1 (堺市西区浜寺諏訪森町西2丁目138-1), Osaka, Japan. Built in 1998, it comprises 41 units in a Reinforced Concrete (RC) structure. It was constructed by Dai Matsu Kensetsu (大末建設).
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 1,280〜2,490万円 (approx. $85,333–$166,000 USD at ¥150/$).
Unit sizes range from 68.4–86.1 sqm (736–927 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥28.7万/sqm (approx. $1,916/sqm or $178/sqft).
Location & Neighborhood
The property is located at Sakaishi Nishiku Hamaderasuwanomorichou Nishi 2 Choume 138-1 (堺市西区浜寺諏訪森町西2丁目138-1), Osaka, Japan. It is a 2-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 28 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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