Overview of Arufiine Kasuga Kouen (アルフィーネ春日公園)
Arufiine Kasuga Kouen (アルフィーネ春日公園) is a 31-year-old condominium located at Kasugashi Kasuga 1 Choume 61-4 (春日市春日1丁目61-4), Fukuoka, Japan. Built in 1995, it comprises 33 units in a Reinforced Concrete (RC) structure. It was constructed by Ogushi Kensetsu (小串建設).
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 1,050〜3,300万円 (approx. $70,000–$220,000 USD at ¥150/$).
Unit sizes range from 56.4–78.3 sqm (607–843 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥36.9万/sqm (approx. $2,463/sqm or $229/sqft).
Location & Neighborhood
The property is located at Kasugashi Kasuga 1 Choume 61-4 (春日市春日1丁目61-4), 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 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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