Overview of Ekuseru Suwa Mori (エクセル諏訪森)
Ekuseru Suwa Mori (エクセル諏訪森) is a 29-year-old condominium located at Sakaishi Nishiku Hamaderasuwanomorichou Nishi 1 Choume 11-4 (堺市西区浜寺諏訪森町西1丁目11-4), Osaka, Japan. Built in 1997, it comprises 67 units in a Reinforced Concrete (RC) structure. It was constructed by Kumagaigumi (熊谷組).
Pricing & Floor Plans
Based on 47 past listings, prices have ranged from 980〜2,990万円 (approx. $65,333–$199,333 USD at ¥150/$).
Unit sizes range from 60.3–76.3 sqm (649–821 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥31.3万/sqm (approx. $2,089/sqm or $194/sqft).
Location & Neighborhood
The property is located at Sakaishi Nishiku Hamaderasuwanomorichou Nishi 1 Choume 11-4 (堺市西区浜寺諏訪森町西1丁目11-4), Osaka, Japan. It is a 7-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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 67 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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