Overview of Yamauchi Sharumu Machi Kamitsu Yaku (山内シャルム町上津役)
Yamauchi Sharumu Machi Kamitsu Yaku (山内シャルム町上津役) is a 37-year-old condominium located at Kitakyuushuushi Yahatanishi Ku Machi Kamitsu Yaku Nishi 2 Choume 22-8 (北九州市八幡西区町上津役西2丁目22-8), Fukuoka, Japan. Built in 1989, it comprises 40 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 4 past listings, prices have ranged from 590〜980万円 (approx. $39,333–$65,333 USD at ¥150/$).
Unit sizes range from 65.9–78.3 sqm (709–843 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥12.2万/sqm (approx. $817/sqm or $76/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Yahatanishi Ku Machi Kamitsu Yaku Nishi 2 Choume 22-8 (北九州市八幡西区町上津役西2丁目22-8), Fukuoka, Japan. It is a 17-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 37 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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