Overview of Chisanmanshon Ozasa (チサンマンション小笹)
Chisanmanshon Ozasa (チサンマンション小笹) is a 45-year-old condominium located at Fukuokashi Chuuouku Ozasa 3 Choume 11-27 (福岡市中央区小笹3丁目11-27), Fukuoka, Japan. Built in 1981, it comprises 37 units in a Reinforced Concrete (RC) structure. It was constructed by Dai Matsu Kensetsu (大末建設).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 880〜2,499万円 (approx. $58,667–$166,600 USD at ¥150/$).
Unit sizes range from 45.2–76.0 sqm (487–818 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥34.1万/sqm (approx. $2,271/sqm or $211/sqft).
Location & Neighborhood
The property is located at Fukuokashi Chuuouku Ozasa 3 Choume 11-27 (福岡市中央区小笹3丁目11-27), Fukuoka, Japan. It is a 12-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 45 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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