Overview of Chisanmanshon Kurume (チサンマンション久留米)
Chisanmanshon Kurume (チサンマンション久留米) is a 34-year-old condominium located at Kurumeshi Aikawa Machi 31-8 (久留米市合川町31-8), Fukuoka, Japan. Built in 1992, it comprises 54 units in a Reinforced Concrete (RC) structure. It was constructed by Shou Sakae Kensetsu (照栄建設).
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 580〜998万円 (approx. $38,667–$66,533 USD at ¥150/$).
Unit sizes range from 66.0–70.3 sqm (710–757 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥10.4万/sqm (approx. $695/sqm or $65/sqft).
Location & Neighborhood
The property is located at Kurumeshi Aikawa Machi 31-8 (久留米市合川町31-8), Fukuoka, Japan. It is a 1-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 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 54 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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