Overview of Daiaparesu Higashioosaka (ダイアパレス東大阪)
Daiaparesu Higashioosaka (ダイアパレス東大阪) is a 30-year-old condominium located at Higashioosakashi Yokomakura Nishi 3-14 (東大阪市横枕西3-14), Osaka, Japan. Built in 1996, it comprises 34 units in a Reinforced Concrete (RC) structure. It was constructed by Morita Kensetsu (モリタ建設).
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 990〜2,280万円 (approx. $66,000–$152,000 USD at ¥150/$).
Unit sizes range from 54.1–64.4 sqm (582–693 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Higashioosakashi Yokomakura Nishi 3-14 (東大阪市横枕西3-14), Osaka, Japan. It is a 3-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 30 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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