Overview of Asahi Puraza Toyonaka Ueno Nishi (朝日プラザ豊中上野西)
Asahi Puraza Toyonaka Ueno Nishi (朝日プラザ豊中上野西) is a 39-year-old condominium located at Toyonakashi Ueno Nishi 3 Choume 19-22 (豊中市上野西3丁目19-22), Osaka, Japan. Built in 1987, it comprises 29 units in a Reinforced Concrete (RC) structure. It was constructed by Aisawa Kougyou (アイサワ工業).
Pricing & Floor Plans
Based on 42 past listings, prices have ranged from 1,180〜2,980万円 (approx. $78,667–$198,667 USD at ¥150/$).
Unit sizes range from 58.3–81.7 sqm (628–879 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥35.9万/sqm (approx. $2,396/sqm or $223/sqft).
Location & Neighborhood
The property is located at Toyonakashi Ueno Nishi 3 Choume 19-22 (豊中市上野西3丁目19-22), Osaka, Japan. It is a 10-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.
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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