Overview of Touhou Manshon Futsukaichi 2 (東峰マンション二日市２)
Touhou Manshon Futsukaichi 2 (東峰マンション二日市２) is a 29-year-old condominium located at Chikushino Shi Yumachi 3 Choume 1-1 (筑紫野市湯町3丁目1-1), Fukuoka, Japan. Built in 1997, it comprises 143 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Nihonkokudokaihatsu Kyuushuu Shiten (日本国土開発九州支店).
Pricing & Floor Plans
Based on 63 past listings, prices have ranged from 850〜2,380万円 (approx. $56,667–$158,667 USD at ¥150/$).
Unit sizes range from 52.2–88.4 sqm (562–952 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥24.6万/sqm (approx. $1,637/sqm or $152/sqft).
Location & Neighborhood
The property is located at Chikushino Shi Yumachi 3 Choume 1-1 (筑紫野市湯町3丁目1-1), Fukuoka, Japan. It is a 14-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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 143 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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