*This blog article was originally written in Japanese and has been translated by AI. From the Sumu-lab Editorial Team
Hello!
Many of you may be enjoying your summer holidays or Obon break.
How are you spending your time off?
I was also supposed to have a lovely nine-day holiday, but since some of my team members are off, I’m still working…
I’ll be doing some work at the Expo site as well due to ongoing Expo-related projects.
The Expo venue is scorching hot, but with only about two months left before it closes, if you haven’t been yet—go now!
Despite the blazing heat, I’ve got some hot new condo info, so I visited a model room.
The project is called City Tower Furukawabashi!
I previously visited the model room of City Tower Furukawabashi（シティタワー古川橋）and wrote a blog post about it. While the initial pricing was too high, even after a reduction in the expected prices, I received a tip from a reader that the official Phase 1 prices were dropped again.
I thought, “Sumitomo Realty & Development never drops prices that easily…”
But if they’ve reduced the price again after the original revision, it might actually be a recommended deal. So I went to check it out—let’s dive in!
This post will mainly cover the Phase 1 sales prices. Please refer to the previous blog for details on design and shared facilities.
〜Check the previous article on City Tower Furukawabashi（シティタワー古川橋）here〜
目次
Property Overview
- Project Name: City Tower Furukawabashi（シティタワー古川橋）
- Address: 2024-3 Kofuku-cho, Kadoma-shi, Osaka
- Scale: 41 floors
- Total Units: 648
- Access: 4-min walk to Keihan Main Line “Furukawabashi” Station
- Layout: 2LDK, 3LDK
- Private Area: 54.41m2–107.00m2
- Planned Handover: Late March 2027
- Developer: Sumitomo Realty & Development Co., Ltd.
- Management Company: Sumitomo Fudosan Building Service Co., Ltd.
- Construction: Obayashi Corporation
- Forum: What do you think of City Tower Furukawabashi?
Phase 1 Sales Overview
- Units for Sale: 31
- Price Range: ¥48 million to ¥81 million
- Layouts: 2LDK, 3LDK
- Size: 54.41m2–71.12m2
Phase 1 Sales Prices
- Lowest Price for 3LDK: ¥53 million (Approx. ¥2.57 million per tsubo)
Considering recent hikes in construction and labor costs, a unit price of ¥2.57 million/tsubo is relatively affordable.
(That said, with developer earnings soaring lately, more people may start questioning whether construction and labor costs are still a valid reason for high prices…)
As detailed below, this pricing makes it the most affordable new-build tower condo in Osaka Prefecture.
Even though suburban tower condos have become quite popular recently, this one stands out for its aggressive price reductions.
〜Other popular suburban tower condos〜
- Premist Tower Senrioka（プレミストタワー千里丘）
- Branz Tower Nishinomiya（ブランズタワー西宮） ※Zero-phase sales complete, general Phase 1 to follow
- Proud Tower Tarumi（プラウドタワー垂水）
Of course, for this project to sell out completely, it will need to be priced attractively enough for actual demand in the surrounding area.
With both new and used properties—including both tower and low-rise condos—seeing price hikes across Osaka City, many buyers are finding it difficult to afford homes without a significant change in household income. That’s why more people are beginning to turn their eyes to the suburbs.
(And even for renters, lease prices are going up year by year.)
While singles and DINKs might still have flexibility, families inevitably need more space. For many, it’s becoming unrealistic to stay within budget and still find something livable in central Osaka. That’s why we expect demand in the suburbs to keep growing.
In the suburbs, you’ll find more options for detached homes too, so some people might wonder whether a tower condo is the right choice.
Still, at these prices, City Tower Furukawabashi（シティタワー古川橋）is an attractive option!
Just to illustrate with a recent example:
Park Homes LaLa Kadoma went through a massive lottery frenzy and sold out. After completion, some unsold new units lingered for a bit, but now a 63m² 3LDK on the 10th floor is selling for ¥54.8 million (example).
Meanwhile, City Tower Furukawabashi is offering a 68m² 3LDK on the 12th floor for just ¥53 million—making it quite appealing in a comparable area.
(Of course, finer details like location or proximity to shopping facilities differ.)
As typical with Sumitomo Realty, corner units are significantly more expensive.
If your budget allows, I’d definitely recommend aiming for a corner unit.
That said, if your total budget including costs is under ¥60 million, I suggest looking at east-facing floor plans—they’re great value.
Still, even at ¥53 million, this is not a central Osaka tower condo, so don’t expect it to be worth ¥70 million when handed over in 2027.
This is not a buy-to-flip investment property. It’s a tower condo for actual residents, and should be considered as such.
Also, while the lowest total price is for a 2LDK unit, the unit price is higher, and the price difference with the 3LDK units is only about ¥5 million.
So for those with a ¥50 million-ish budget, stretching it a bit to get a 3LDK is definitely worthwhile.
(Not to mention, the 3LDK layouts are more practical in this building.)
※ Click the price list to enlarge.
※ Inventory is on a first-come, first-served basis—check availability at the model room.
〜Reference: Rent trends by area〜
Rental prices are rising in both Osaka City and the broader prefecture.
Source: Press release by Haseko Livenet Co., Ltd.
Comparison with Initial Planned Prices
- Maximum Price Reduction: ¥20.5 million
- Minimum Price Reduction: ¥6.5 million
Recently, some tower condos have seen strong sales in their first phase, followed by major price hikes in Phase 2 or later, only to face sluggish demand and eventually slash prices again.
However, it’s rare for a property to start with high Phase 1 pricing, receive little interest, and then cut prices drastically even before Phase 1 launches.
(For example, The Parkhouse Osaka Umeda Tower had some final-phase units discounted by as much as ¥40 million from their planned prices… not fun for early buyers!)
When I first saw the pricing of City Tower Furukawabashi last year, my gut feeling was, “This might struggle…”
But now, with a two-step reduction, it’s looking much more attractive.
A maximum reduction of ¥20 million is huge, and all 3LDK units have seen at least a ¥10 million cut.
At this level, many buyers will feel the property is within reach.
It’s actually a good thing that this price cut happened before Phase 1 sales started.
If the developer had launched Phase 1 at a high price, and then had to lower it afterward, it would have been unfair to the early buyers.
(For what it’s worth, there was a City Tower property in the Kanto area that saw price cuts after Phase 1 ended due to sluggish sales.)
Now that Phase 1 pricing has been drastically reduced, if sales go well, the big question will be whether Sumitomo hikes prices again for Phase 2—as they often do.
※ Click the price chart to enlarge.
※ Left side (green label) shows Phase 1 prices; right side (blue label) shows the initial planned prices from last year.
Sample Floor Plans
Type L
| Direction | Type | Floor | Layout | Area | Price | Unit Price (tsubo) |
| East | L | 10F | 3LDK | 67.71㎡ | ¥53,000,000 | ¥2.58M |
| East | L | 15F | 3LDK | 67.71㎡ | ¥54,000,000 | ¥2.63M |
| East | L | 21F | 3LDK | 67.71㎡ | ¥57,000,000 | ¥2.78M |
| East | L | 22F | 3LDK | 67.71㎡ | ¥59,000,000 | ¥2.88M |
Type I
| Direction | Type | Floor | Layout | Area | Price | Unit Price (tsubo) |
| South | I | 22F | 3LDK | 67.65㎡ | ¥61,000,000 | ¥2.98M |
| South | I | 24F | 3LDK | 67.65㎡ | ¥61,000,000 | ¥2.98M |
| South | I | 30F | 3LDK | 67.65㎡ | ¥66,000,000 | ¥3.22M |
| South | I | 33F | 3LDK | 67.65㎡ | ¥68,000,000 | ¥3.32M |
| South | I | 39F | 3LDK | 67.65㎡ | ¥72,000,000 | ¥3.51M |
| Southeast Corner | J | 22F | 3LDK | 71.12㎡ | ¥70,000,000 | ¥3.25M |
Type O
| Direction | Type | Floor | Layout | Area | Price | Unit Price (tsubo) |
| South | I | 22F | 3LDK | 67.65㎡ | ¥61,000,000 | ¥2.98M |
| South | I | 24F | 3LDK | 67.65㎡ | ¥61,000,000 | ¥2.98M |
| South | I | 30F | 3LDK | 67.65㎡ | ¥66,000,000 | ¥3.22M |
| South | I | 33F | 3LDK | 67.65㎡ | ¥68,000,000 | ¥3.32M |
| South | I | 39F | 3LDK | 67.65㎡ | ¥72,000,000 | ¥3.51M |
| Southeast Corner | J | 22F | 3LDK | 71.12㎡ | ¥70,000,000 | ¥3.25M |
Running Costs
Running costs were also revised since the last announcement—management fees have decreased slightly.Though still on the high side, it’s a relief considering the unit prices have dropped significantly.
- Initial Plan: Management + Reserve Fund: ¥648/m² (e.g. ¥43,860/month for 67.71m²)
- Finalized: Management + Reserve Fund: ¥589/m² (e.g. ¥39,900/month for 67.71m²)
For reference:
- Grand Green Osaka THE NORTH RESIDENCE（グラングリーン大阪THE NORTH RESIDENCE） ¥550/m²
- Premist Tower Senrioka（プレミストタワー千里丘） ¥456/m²
- Regnas Tower Shin-Umeda（レグナスタワー新梅田） ¥500/m²
Conclusion
Being able to buy a new-build tower condo in the City Tower series at ¥2.5 million/tsubo is a uniquely suburban advantage.You might wonder if a detached house would be better in the suburbs—and that’s a fair point.
But just looking at the grand entrance of a large-scale condo can make you go “I’m glad I bought this!”
There’s something special about the benefits and scale of a large development.
City Tower Furukawabashi（シティタワー古川橋）is not just a condo—it’s part of a larger, multi-use development.
By the time the handover happens in March 2027, the entire area will have transformed.
It’s hard to visualize a year and a half ahead, but once it’s done, you’ll likely think, “Wow, this really turned out great.”
And at that time, it may no longer be available at this price—so acting early is key.
Now that Phase 1 prices have been drastically reduced, units are sold on a first-come, first-served basis—not by lottery.
The best and most attractive units will go first, so if you’re even a little interested, request the brochure and visit the model room ASAP!
If you have any questions or concerns, feel free to reach out anytime.
See you in the next post!
【Notice 1】Sugoroku LINE Official Account
On this LINE account, I regularly share standout resale listings I find—especially those I think are great deals or personally want to buy.While I mainly focus on new condos in my blogging, resale condo inquiries have increased due to the rising prices. I plan to cover both new and used properties.
If you’re interested in a resale condo, feel free to message me on LINE for a quick reply. Please add me as a friend!
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【Notice 2】Sumu-lab Consultation Counter
If you’re in Osaka Prefecture, I can provide advice on both new and resale condos. I can also offer guidance if you’re selling your property, based on my own experience—please feel free to reach out!
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記事に出てきた物件の掲示板
- シティタワー古川橋（検討スレ） ｜ （まとめ） ｜ （スムラボ）
- プレミストタワー千里丘（検討スレ） ｜ （まとめ） ｜ （スムラボ）
- プラウドタワー神戸垂水（検討スレ） ｜ （まとめ） ｜ （スムラボ）
- レグナスタワー新梅田（検討スレ） ｜ （まとめ） ｜ （スムラボ）
- ブランズタワー西宮（検討スレ） ｜ （まとめ）
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