Overview of Purosupaa Higashioosaka (プロスパー東大阪)
Purosupaa Higashioosaka (プロスパー東大阪) is a 37-year-old condominium located at Higashioosakashi Shimorokumanjichou 3 Choume 7-15 (東大阪市下六万寺町3丁目7-15), Osaka, Japan. Built in 1989, it comprises 24 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 34 past listings, prices have ranged from 420〜800万円 (approx. $28,000–$53,333 USD at ¥150/$).
Unit sizes range from 38.5–47.6 sqm (414–512 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥15.5万/sqm (approx. $1,033/sqm or $96/sqft).
Location & Neighborhood
The property is located at Higashioosakashi Shimorokumanjichou 3 Choume 7-15 (東大阪市下六万寺町3丁目7-15), Osaka, Japan. It is a 15-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 37 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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