Overview of Sharumanfuji Kumeda (シャルマンフジ久米田)
Sharumanfuji Kumeda (シャルマンフジ久米田) is a 39-year-old condominium located at Kishiwada Shidai Machi 4 Choume 24-1 (岸和田市大町4丁目24-1), Osaka, Japan. Built in 1987, it comprises 60 units in a Reinforced Concrete (RC) structure. It was constructed by Asanuma Kumi (浅沼組).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 450〜1,290万円 (approx. $30,000–$86,000 USD at ¥150/$).
Unit sizes range from 47.9–66.0 sqm (516–710 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥21.6万/sqm (approx. $1,438/sqm or $134/sqft).
Location & Neighborhood
The property is located at Kishiwada Shidai Machi 4 Choume 24-1 (岸和田市大町4丁目24-1), Osaka, Japan. It is a 8-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 39 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 60 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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