Overview of Yodoyabashi Howaitobiru (淀屋橋ホワイトビル)
Yodoyabashi Howaitobiru (淀屋橋ホワイトビル) is a 44-year-old condominium located at Oosakashi Chuuouku Kitahama 3 Choume 5-19 (大阪市中央区北浜3丁目5-19), Osaka, Japan. Built in 1982, it comprises 131 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Sumitomokensetsu (住友建設).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 490〜1,380万円 (approx. $32,667–$92,000 USD at ¥150/$).
Unit sizes range from 17.1–27.7 sqm (184–298 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1R (Studio).
Location & Neighborhood
The property is located at Oosakashi Chuuouku Kitahama 3 Choume 5-19 (大阪市中央区北浜3丁目5-19), Osaka, Japan. It is a 1-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 44 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 131 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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