Overview of Guriintopia 2 1 Kishiwada (グリーントピア２１岸和田)
Guriintopia 2 1 Kishiwada (グリーントピア２１岸和田) is a 28-year-old condominium located at Kishiwada Shi Fujii Machi 1 Choume 17-23 (岸和田市藤井町1丁目17-23), Osaka, Japan. Built in 1998, it comprises 33 units in a Reinforced Concrete (RC) structure. It was constructed by Fuji Kou (冨士工).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 700〜1,580万円 (approx. $46,667–$105,333 USD at ¥150/$).
Unit sizes range from 57.7–73.5 sqm (621–791 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥19.8万/sqm (approx. $1,319/sqm or $123/sqft).
Location & Neighborhood
The property is located at Kishiwada Shi Fujii Machi 1 Choume 17-23 (岸和田市藤井町1丁目17-23), Osaka, Japan. It is a 5-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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