Overview of Famiiru Take Shiro Dai (ファミール竹城台)
Famiiru Take Shiro Dai (ファミール竹城台) is a 33-year-old condominium located at Sakaishi Minamiku Take Shiro Dai 4 Choume 1-2 (堺市南区竹城台4丁目1-2), Osaka, Japan. Built in 1993, it comprises 56 units in a Reinforced Concrete (RC) structure. It was constructed by Daitokougyou (大都工業).
Pricing & Floor Plans
Based on 25 past listings, prices have ranged from 1,180〜2,590万円 (approx. $78,667–$172,667 USD at ¥150/$).
Unit sizes range from 61.0–82.0 sqm (657–883 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥30.7万/sqm (approx. $2,049/sqm or $190/sqft).
Location & Neighborhood
The property is located at Sakaishi Minamiku Take Shiro Dai 4 Choume 1-2 (堺市南区竹城台4丁目1-2), 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 33 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 56 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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