Overview of Manshonraaku (マンションラーク)
Manshonraaku (マンションラーク) is a 35-year-old condominium located at Oosakashi Heiya Ku Uriwari 2 Choume 2-54 (大阪市平野区瓜破2丁目2-54), Osaka, Japan. Built in 1991, it comprises 38 units in a Reinforced Concrete (RC) structure. It was constructed by Shouwa Koumuten (昭和工務店).
Pricing & Floor Plans
Based on 43 past listings, prices have ranged from 1,290〜2,000万円 (approx. $86,000–$133,333 USD at ¥150/$).
Unit sizes range from 65.2–77.2 sqm (702–831 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.9万/sqm (approx. $1,662/sqm or $154/sqft).
Location & Neighborhood
The property is located at Oosakashi Heiya Ku Uriwari 2 Choume 2-54 (大阪市平野区瓜破2丁目2-54), Osaka, Japan. It is a 2-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 35 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.
Analyze this property's fair price and negotiation room for free at RE:public.