Overview of Imaizumi Kooporasu (今泉コーポラス)
Imaizumi Kooporasu (今泉コーポラス) is a 44-year-old condominium located at Fukuokashi Chuuouku Imaizumi 2 Choume 4-26 (福岡市中央区今泉2丁目4-26), Fukuoka, Japan. Built in 1982, it comprises 48 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Shimizukensetsu (清水建設).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 2,000〜4,380万円 (approx. $133,333–$292,000 USD at ¥150/$).
Unit sizes range from 83.6–106.3 sqm (900–1144 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥45.4万/sqm (approx. $3,029/sqm or $281/sqft).
Location & Neighborhood
The property is located at Fukuokashi Chuuouku Imaizumi 2 Choume 4-26 (福岡市中央区今泉2丁目4-26), Fukuoka, Japan. It is a 7-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 44 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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