Overview of Asahi Puraza Chikushino Puteikkusu (朝日プラザ筑紫野プティックス)
Asahi Puraza Chikushino Puteikkusu (朝日プラザ筑紫野プティックス) is a 36-year-old condominium located at Chikushino Shi Yumachi 2 Choume 3-1 (筑紫野市湯町2丁目3-1), Fukuoka, Japan. Built in 1990, it comprises 185 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Takagi Koumuten (高木工務店).
Pricing & Floor Plans
Based on 174 past listings, prices have ranged from 950〜2,680万円 (approx. $63,333–$178,667 USD at ¥150/$).
Unit sizes range from 64.0–97.2 sqm (689–1046 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥22.2万/sqm (approx. $1,483/sqm or $138/sqft).
Location & Neighborhood
The property is located at Chikushino Shi Yumachi 2 Choume 3-1 (筑紫野市湯町2丁目3-1), Fukuoka, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 36 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 185 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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