Overview of Aasaa Shin Iizuka Rejidensu (アーサー新飯塚レジデンス)
Aasaa Shin Iizuka Rejidensu (アーサー新飯塚レジデンス) is a 18-year-old condominium located at Iizukashi Niidate Iwa 7-10 (飯塚市新立岩7-10), Fukuoka, Japan. Built in 2008, it comprises 77 units in a Reinforced Concrete (RC) structure. It was constructed by Asahi Koumuten (旭工務店).
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 1,500〜1,990万円 (approx. $100,000–$132,667 USD at ¥150/$).
Unit sizes range from 64.0–89.3 sqm (689–961 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 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: ¥23.5万/sqm (approx. $1,567/sqm or $146/sqft).
Location & Neighborhood
The property is located at Iizukashi Niidate Iwa 7-10 (飯塚市新立岩7-10), Fukuoka, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 77 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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