Overview of Kasuga Sanhaitsu (春日サンハイツ)
Kasuga Sanhaitsu (春日サンハイツ) is a 44-year-old condominium located at Kasugashi Ogura Higashi 1 Choume 40-3 , 1 Choume 41 , 2 Choume 15-5 , 2 Choume 19-6 (春日市小倉東1丁目40-3、1丁目41、2丁目15-5、2丁目19-6), Fukuoka, Japan. Built in 1982, it comprises 273 units in a Reinforced Concrete (RC) structure. It was constructed by Juutaku Toshi Seibi Koudan (住宅都市整備公団).
Pricing & Floor Plans
Based on 70 past listings, prices have ranged from 500〜1,999万円 (approx. $33,333–$133,267 USD at ¥150/$).
Unit sizes range from 74.9–108.4 sqm (806–1167 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 5LDK (5-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥12.5万/sqm (approx. $836/sqm or $78/sqft).
Location & Neighborhood
The property is located at Kasugashi Ogura Higashi 1 Choume 40-3 , 1 Choume 41 , 2 Choume 15-5 , 2 Choume 19-6 (春日市小倉東1丁目40-3、1丁目41、2丁目15-5、2丁目19-6), Fukuoka, Japan. It is a 6-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 44 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 273 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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