Overview of Guranpia Hakataeki Mae (グランピア博多駅前)
Guranpia Hakataeki Mae (グランピア博多駅前) is a 38-year-old condominium located at Fukuokashi Hakataku Hakataeki Mae 4 Choume 31-1 (福岡市博多区博多駅前4丁目31-1), Fukuoka, Japan. Built in 1988, it comprises 47 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Yoshihara Kensetsu (吉原建設).
Pricing & Floor Plans
Based on 32 past listings, prices have ranged from 400〜1,880万円 (approx. $26,667–$125,333 USD at ¥150/$).
Unit sizes range from 24.3–48.6 sqm (262–523 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), STUDIO (STUDIO), 1R (Studio).
Estimated price per sqm: ¥28.9万/sqm (approx. $1,923/sqm or $179/sqft).
Location & Neighborhood
The property is located at Fukuokashi Hakataku Hakataeki Mae 4 Choume 31-1 (福岡市博多区博多駅前4丁目31-1), Fukuoka, Japan. It is a 9-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 38 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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