Overview of Gureeshii Kongou Aruteipuraza (グレーシィ金剛アルティプラザ)
Gureeshii Kongou Aruteipuraza (グレーシィ金剛アルティプラザ) is a 32-year-old condominium located at Oosakasayama Shi Gumi Ki 3 Choume 188-2 (大阪狭山市茱萸木3丁目188-2), Osaka, Japan. Built in 1994, it comprises 72 units in a Reinforced Concrete (RC) structure. It was constructed by Dai Matsu Kensetsu (大末建設).
Pricing & Floor Plans
Based on 44 past listings, prices have ranged from 730〜1,798万円 (approx. $48,667–$119,867 USD at ¥150/$).
Unit sizes range from 67.4–80.2 sqm (725–863 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-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: ¥16.3万/sqm (approx. $1,089/sqm or $101/sqft).
Location & Neighborhood
The property is located at Oosakasayama Shi Gumi Ki 3 Choume 188-2 (大阪狭山市茱萸木3丁目188-2), Osaka, Japan. It is a 22-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 32 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 72 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.
Analyze this property's fair price and negotiation room for free at RE:public.