Overview of Kuroobaamanshon Wajiro Higashi (クローバーマンション和白東)
Kuroobaamanshon Wajiro Higashi (クローバーマンション和白東) is a 32-year-old condominium located at Fukuokashi Higashiku Wajiro Higashi 1 Choume 5-20 (福岡市東区和白東1丁目5-20), Fukuoka, Japan. Built in 1994, it comprises 59 units in a Reinforced Concrete (RC) structure. It was constructed by Toyosaka Kensetsu (豊栄建設).
Pricing & Floor Plans
Based on 24 past listings, prices have ranged from 800〜1,899万円 (approx. $53,333–$126,600 USD at ¥150/$).
Unit sizes range from 65.8–79.2 sqm (708–853 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥23.6万/sqm (approx. $1,575/sqm or $146/sqft).
Location & Neighborhood
The property is located at Fukuokashi Higashiku Wajiro Higashi 1 Choume 5-20 (福岡市東区和白東1丁目5-20), Fukuoka, Japan. It is a 10-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 32 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 59 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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