Overview of Fuyou Hara Haitsu (ふよう原ハイツ)
Fuyou Hara Haitsu (ふよう原ハイツ) is a 45-year-old condominium located at Fukuokashi Sawara Ku Hara 3 Choume 15-26 (福岡市早良区原3丁目15-26), Fukuoka, Japan. Built in 1981, it comprises 55 units in a Reinforced Concrete (RC) structure. It was constructed by Sougo Kensetsu (相互建設).
Pricing & Floor Plans
Based on 32 past listings, prices have ranged from 600〜2,078万円 (approx. $40,000–$138,533 USD at ¥150/$).
Unit sizes range from 52.2–86.5 sqm (562–931 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥31.4万/sqm (approx. $2,091/sqm or $194/sqft).
Location & Neighborhood
The property is located at Fukuokashi Sawara Ku Hara 3 Choume 15-26 (福岡市早良区原3丁目15-26), Fukuoka, Japan. It is a 2-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 45 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 55 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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