Overview of Haitsu Kashiwabara (ハイツ柏原)
Haitsu Kashiwabara (ハイツ柏原) is a 40-year-old condominium located at Kashiwabara Shijou Shi 1 Choume 3-35 (柏原市上市1丁目3-35), Osaka, Japan. Built in 1986, it comprises 100 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Maeda Kensetsu Kougyou (前田建設工業).
Pricing & Floor Plans
Based on 32 past listings, prices have ranged from 1,080〜2,980万円 (approx. $72,000–$198,667 USD at ¥150/$).
Unit sizes range from 58.0–78.2 sqm (624–842 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥31.9万/sqm (approx. $2,125/sqm or $197/sqft).
Location & Neighborhood
The property is located at Kashiwabara Shijou Shi 1 Choume 3-35 (柏原市上市1丁目3-35), Osaka, Japan. It is a 3-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 40 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 100 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.
Analyze this property's fair price and negotiation room for free at RE:public.