Overview of Asoshiaterasu Hakataminami (アソシアテラス博多南)
Asoshiaterasu Hakataminami (アソシアテラス博多南) is a 19-year-old condominium located at Nakagawa Ichigorou Maru 41-3 (那珂川市五郎丸41-3), Fukuoka, Japan. Built in 2007, it comprises 91 units in a Reinforced Concrete (RC) structure. It was constructed by Wakachiku Kensetsu (若築建設).
Pricing & Floor Plans
Based on 54 past listings, prices have ranged from 1,690〜3,580万円 (approx. $112,667–$238,667 USD at ¥150/$).
Unit sizes range from 65.8–93.8 sqm (708–1010 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥33.9万/sqm (approx. $2,260/sqm or $210/sqft).
Location & Neighborhood
The property is located at Nakagawa Ichigorou Maru 41-3 (那珂川市五郎丸41-3), Fukuoka, Japan. It is a 21-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Scale advantage: With 91 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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