Overview of Hyuumanzu Shinguu Ekimae (ヒューマンズ新宮駅前)
Hyuumanzu Shinguu Ekimae (ヒューマンズ新宮駅前) is a 35-year-old condominium located at Fukuokashi Higashiku Wajiro Higashi 3 Choume 29-40 (福岡市東区和白東3丁目29-40), Fukuoka, Japan. Built in 1991, it comprises 53 units in a Reinforced Concrete (RC) structure. It was constructed by Maejima Kensetsu (前島建設).
Pricing & Floor Plans
Based on 31 past listings, prices have ranged from 680〜2,300万円 (approx. $45,333–$153,333 USD at ¥150/$).
Unit sizes range from 73.2–89.3 sqm (788–961 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥29.9万/sqm (approx. $1,995/sqm or $185/sqft).
Location & Neighborhood
The property is located at Fukuokashi Higashiku Wajiro Higashi 3 Choume 29-40 (福岡市東区和白東3丁目29-40), 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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 53 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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