Overview of Kurume Ekimae Sukaimanshon (久留米駅前スカイマンション)
Kurume Ekimae Sukaimanshon (久留米駅前スカイマンション) is a 36-year-old condominium located at Kurumeshi Sou Shima Machi 8-5 (久留米市荘島町8-5), Fukuoka, Japan. Built in 1990, it comprises 166 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Muramoto Kensetsu (村本建設).
Pricing & Floor Plans
Based on 99 past listings, prices have ranged from 110〜420万円 (approx. $7,333–$28,000 USD at ¥150/$).
Unit sizes range from 15.2–18.2 sqm (164–196 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥10.4万/sqm (approx. $693/sqm or $64/sqft).
Location & Neighborhood
The property is located at Kurumeshi Sou Shima Machi 8-5 (久留米市荘島町8-5), 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 36 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 166 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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