Overview of Koamanshon Kasuga Ootani (コアマンション春日大谷)
Koamanshon Kasuga Ootani (コアマンション春日大谷) is a 34-year-old condominium located at Kasugashi Ootani 5 Choume 84-1 (春日市大谷5丁目84-1), Fukuoka, Japan. Built in 1992, it comprises 34 units in a Reinforced Concrete (RC) structure. It was constructed by Kyuushuu Kensetsu (九州建設).
Pricing & Floor Plans
Based on 37 past listings, prices have ranged from 980〜2,580万円 (approx. $65,333–$172,000 USD at ¥150/$).
Unit sizes range from 64.4–99.9 sqm (693–1075 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥31.2万/sqm (approx. $2,079/sqm or $193/sqft).
Location & Neighborhood
The property is located at Kasugashi Ootani 5 Choume 84-1 (春日市大谷5丁目84-1), Fukuoka, Japan. It is a 24-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.
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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