Overview of Koopu Nomura Higashi Meinohama (コープ野村東姪浜)
Koopu Nomura Higashi Meinohama (コープ野村東姪浜) is a 39-year-old condominium located at Fukuokashi Nishiku Mei No Hama 1 Choume 10-1 (福岡市西区姪の浜1丁目10-1), Fukuoka, Japan. Built in 1987, it comprises 160 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Taisei Purehabu (大成プレハブ).
Pricing & Floor Plans
Based on 46 past listings, prices have ranged from 1,300〜3,990万円 (approx. $86,667–$266,000 USD at ¥150/$).
Unit sizes range from 66.8–97.5 sqm (719–1049 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥39.9万/sqm (approx. $2,659/sqm or $247/sqft).
Location & Neighborhood
The property is located at Fukuokashi Nishiku Mei No Hama 1 Choume 10-1 (福岡市西区姪の浜1丁目10-1), Fukuoka, Japan. It is a 5-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 39 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 160 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.
Analyze this property's fair price and negotiation room for free at RE:public.