Overview of Saapasushitei Maehara Ichiban Kan (サーパスシティ前原壱番館)
Saapasushitei Maehara Ichiban Kan (サーパスシティ前原壱番館) is a 34-year-old condominium located at Ito Shima Shi Maehara Higashi 1 Choume 8-40 (糸島市前原東1丁目8-40), Fukuoka, Japan. Built in 1992, it comprises 117 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Anabuki Koumuten (穴吹工務店).
Pricing & Floor Plans
Based on 54 past listings, prices have ranged from 630〜2,780万円 (approx. $42,000–$185,333 USD at ¥150/$).
Unit sizes range from 63.9–111.0 sqm (688–1195 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥31.0万/sqm (approx. $2,067/sqm or $192/sqft).
Location & Neighborhood
The property is located at Ito Shima Shi Maehara Higashi 1 Choume 8-40 (糸島市前原東1丁目8-40), Fukuoka, Japan. It is a 13-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 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 117 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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