Overview of Pyuashitei Ougon (ピュアシティ黄金)
Pyuashitei Ougon (ピュアシティ黄金) is a 41-year-old condominium located at Kitakyuushuushi Kokurakita Ku Ougon 2 Choume 5-3 (北九州市小倉北区黄金2丁目5-3), Fukuoka, Japan. Built in 1985, it comprises 29 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 48 past listings, prices have ranged from 130〜300万円 (approx. $8,667–$20,000 USD at ¥150/$).
Unit sizes range from 14.9–18.2 sqm (160–196 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥9.8万/sqm (approx. $653/sqm or $61/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Kokurakita Ku Ougon 2 Choume 5-3 (北九州市小倉北区黄金2丁目5-3), Fukuoka, Japan. It is a 3-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 41 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.
Analyze this property's fair price and negotiation room for free at RE:public.