Overview of Dorufu O S A K A Kita Imagawa (ドルフＯＳＡＫＡ北今川)
Dorufu O S A K A Kita Imagawa (ドルフＯＳＡＫＡ北今川) is a 27-year-old condominium located at Oosakashi Higashisumiyoshi Ku Kumata 4 Choume 12-4 (大阪市東住吉区杭全4丁目12-4), Osaka, Japan. Built in 1999, it comprises 27 units in a Reinforced Concrete (RC) structure. It was constructed by Shinnihonseitetsu (新日本製鐵).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥43.2万/sqm (approx. $2,881/sqm or $268/sqft).
Location & Neighborhood
The property is located at Oosakashi Higashisumiyoshi Ku Kumata 4 Choume 12-4 (大阪市東住吉区杭全4丁目12-4), Osaka, Japan. It is a 6-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 27 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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