Overview of Raionzumanshon Mikuni Ke Oka (ライオンズマンション三国ヶ丘)
Raionzumanshon Mikuni Ke Oka (ライオンズマンション三国ヶ丘) is a 29-year-old condominium located at Sakaishi Kitaku Mozu Ume Kitamachi 1 Choume 13-2 (堺市北区百舌鳥梅北町1丁目13-2), Osaka, Japan. Built in 1997, it comprises 131 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Morita Kensetsu (モリタ建設).
Pricing & Floor Plans
Based on 53 past listings, prices have ranged from 1,990〜3,930万円 (approx. $132,667–$262,000 USD at ¥150/$).
Unit sizes range from 60.0–91.4 sqm (646–984 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥45.9万/sqm (approx. $3,057/sqm or $284/sqft).
Location & Neighborhood
The property is located at Sakaishi Kitaku Mozu Ume Kitamachi 1 Choume 13-2 (堺市北区百舌鳥梅北町1丁目13-2), 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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 131 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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