Overview of Dainakooto Kurume Rejikkusu (ダイナコート久留米レジックス)
Dainakooto Kurume Rejikkusu (ダイナコート久留米レジックス) is a 35-year-old condominium located at Kurumeshi Nishimachi 930-1 (久留米市西町930-1), Fukuoka, Japan. Built in 1991, it comprises 50 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kokuba Kumi (国場組).
Pricing & Floor Plans
Based on 44 past listings, prices have ranged from 140〜320万円 (approx. $9,333–$21,333 USD at ¥150/$).
Unit sizes range from 16.1–20.5 sqm (173–221 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen).
Estimated price per sqm: ¥12.8万/sqm (approx. $855/sqm or $79/sqft).
Location & Neighborhood
The property is located at Kurumeshi Nishimachi 930-1 (久留米市西町930-1), Fukuoka, Japan. It is a 3-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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 50 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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