Overview of J G M Verude Nakagawa Ichiban Kan (ＪＧＭヴェルデ那珂川壱番館)
J G M Verude Nakagawa Ichiban Kan (ＪＧＭヴェルデ那珂川壱番館) is a 31-year-old condominium located at Nakagawa Shichuu Hara 4 Choume 76 (那珂川市中原4丁目76), Fukuoka, Japan. Built in 1995, it comprises 45 units in a Reinforced Concrete (RC) structure. It was constructed by Kyuushuu Kensetsu (九州建設).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 1,090〜2,098万円 (approx. $72,667–$139,867 USD at ¥150/$).
Unit sizes range from 63.0–76.7 sqm (678–826 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), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Nakagawa Shichuu Hara 4 Choume 76 (那珂川市中原4丁目76), 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 31 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.
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