Overview of Sanriyan Midorigaoka (サンリヤン緑ヶ丘)
Sanriyan Midorigaoka (サンリヤン緑ヶ丘) is a 27-year-old condominium located at Kitakyuushuushi Kokurakita Ku Midorigaoka 3 Choume 7-11 (北九州市小倉北区緑ケ丘3丁目7-11), Fukuoka, Japan. Built in 1999, it comprises 42 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Fudou Kensetsu (不動建設).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 1,390〜2,650万円 (approx. $92,667–$176,667 USD at ¥150/$).
Unit sizes range from 80.2–109.3 sqm (863–1176 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: ¥24.0万/sqm (approx. $1,598/sqm or $148/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Kokurakita Ku Midorigaoka 3 Choume 7-11 (北九州市小倉北区緑ケ丘3丁目7-11), Fukuoka, Japan. It is a 1-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 27 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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