Overview of Rofutei Miyako Fu Rou Gaadenshitei (ロフティ都府楼ガーデンシティ)
Rofutei Miyako Fu Rou Gaadenshitei (ロフティ都府楼ガーデンシティ) is a 29-year-old condominium located at Dazaifu Shi Sakamoto 3 Choume 24-24 (太宰府市坂本3丁目24-24), Fukuoka, Japan. Built in 1997, it comprises 105 units in a Reinforced Concrete (RC) structure. It was constructed by Andou Kensetsu (安藤建設).
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 970〜2,580万円 (approx. $64,667–$172,000 USD at ¥150/$).
Unit sizes range from 74.4–95.2 sqm (801–1025 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: ¥22.4万/sqm (approx. $1,492/sqm or $139/sqft).
Location & Neighborhood
The property is located at Dazaifu Shi Sakamoto 3 Choume 24-24 (太宰府市坂本3丁目24-24), 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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 105 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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