Overview of Mikuni Ke Oka Hoomupuraza (三国ヶ丘ホームプラザ)
Mikuni Ke Oka Hoomupuraza (三国ヶ丘ホームプラザ) is a 47-year-old condominium located at Sakaishi Kitaku Chou Sone Machi 1568-11 (堺市北区長曽根町1568-11), Osaka, Japan. Built in 1979, it comprises 12 units in a Reinforced Concrete (RC) structure. It was constructed by Nakano Kougyou (中野工業).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 530〜1,198万円 (approx. $35,333–$79,867 USD at ¥150/$).
Unit sizes range from 55.6–55.6 sqm (598–598 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3K (3-bedroom w/ kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Location & Neighborhood
The property is located at Sakaishi Kitaku Chou Sone Machi 1568-11 (堺市北区長曽根町1568-11), Osaka, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Seismic standards: Built in 1979, this property predates Japan's 1981 New Seismic Design Standards (新耐震基準). Buildings constructed before June 1981 were built to older earthquake resistance codes. Buyers should consider seismic retrofit status.
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 47 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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