Overview of Sanraifu Hikarichou (サンライフ光町)
Sanraifu Hikarichou (サンライフ光町) is a 39-year-old condominium located at Kitakyuushuushi Moji Ku Hikarichou 1 Choume 1-27 (北九州市門司区光町1丁目1-27), Fukuoka, Japan. Built in 1987, it comprises 27 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 8 past listings, prices have ranged from 300〜1,100万円 (approx. $20,000–$73,333 USD at ¥150/$).
Unit sizes range from 62.9–66.6 sqm (677–717 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4DK (4-bedroom w/ dining-kitchen), 3SDK (3-bedroom w/ dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥4.5万/sqm (approx. $297/sqm or $28/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Moji Ku Hikarichou 1 Choume 1-27 (北九州市門司区光町1丁目1-27), Fukuoka, Japan. It is a 30-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 39 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.
Analyze this property's fair price and negotiation room for free at RE:public.