Overview of Toyonaka Ueno Nishi Paakuhausu (豊中上野西パークハウス)
Toyonaka Ueno Nishi Paakuhausu (豊中上野西パークハウス) is a 29-year-old condominium located at Toyonakashi Ueno Nishi 2 Choume 11-38 (豊中市上野西2丁目11-38), Osaka, Japan. Built in 1997, it comprises 24 units in a Reinforced Concrete (RC) structure. It was constructed by Chizaki Kougyou (地崎工業).
Pricing & Floor Plans
Based on 31 past listings, prices have ranged from 1,480〜3,598万円 (approx. $98,667–$239,867 USD at ¥150/$).
Unit sizes range from 54.8–86.5 sqm (590–931 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 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: ¥45.0万/sqm (approx. $3,002/sqm or $279/sqft).
Location & Neighborhood
The property is located at Toyonakashi Ueno Nishi 2 Choume 11-38 (豊中市上野西2丁目11-38), Osaka, Japan. It is a 12-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 29 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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