Overview of Sanraizumanshon Kishiwada Ueno Machi (サンライズマンション岸和田上野町)
Sanraizumanshon Kishiwada Ueno Machi (サンライズマンション岸和田上野町) is a 41-year-old condominium located at Kishiwada Shijou Nomachi Nishi 27-8 (岸和田市上野町西27-8), Osaka, Japan. Built in 1985, it comprises 46 units in a Reinforced Concrete (RC) structure. It was constructed by Kumagaigumi , Kimoto Kensetsu (熊谷組、 木本建設).
Pricing & Floor Plans
Based on 41 past listings, prices have ranged from 380〜2,590万円 (approx. $25,333–$172,667 USD at ¥150/$).
Unit sizes range from 48.3–88.8 sqm (520–956 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 4SDK (4-bedroom w/ dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 3SDK (3-bedroom w/ dining-kitchen + service room).
Estimated price per sqm: ¥10.2万/sqm (approx. $679/sqm or $63/sqft).
Location & Neighborhood
The property is located at Kishiwada Shijou Nomachi Nishi 27-8 (岸和田市上野町西27-8), Osaka, Japan. It is a 9-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 41 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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