Overview of Hankyuu Nissei Nyuutaun Hanasaki Ku Oka No Machi B Tou (阪急日生ニュータウン花咲く丘の街Ｂ棟)
Hankyuu Nissei Nyuutaun Hanasaki Ku Oka No Machi B Tou (阪急日生ニュータウン花咲く丘の街Ｂ棟) is a 27-year-old condominium located at Kawanishi Ichimaru Santai 1 Choume 4-3 (川西市丸山台1丁目4-3), Hyogo, Japan. Built in 1999, it comprises 83 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Oobayashi Kumi , Okumura Kumi , Hoka (大林組、 奥村組、 他).
Pricing & Floor Plans
Based on 29 past listings, prices have ranged from 1,280〜2,590万円 (approx. $85,333–$172,667 USD at ¥150/$).
Unit sizes range from 76.5–92.8 sqm (823–999 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥29.3万/sqm (approx. $1,951/sqm or $181/sqft).
Location & Neighborhood
The property is located at Kawanishi Ichimaru Santai 1 Choume 4-3 (川西市丸山台1丁目4-3), Hyogo, Japan. It is a 6-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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 83 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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