Overview of Apuroozu Chikushi Oka Minami (アプローズ筑紫丘南)
Apuroozu Chikushi Oka Minami (アプローズ筑紫丘南) is a 23-year-old condominium located at Fukuokashi Minamiku Wakahisa 1 Choume 25-22 (福岡市南区若久1丁目25-22), Fukuoka, Japan. Built in 2003, it comprises 81 units in a Reinforced Concrete (RC) structure. It was constructed by Maeda Kensetsu Kougyou (前田建設工業).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 1,760〜3,790万円 (approx. $117,333–$252,667 USD at ¥150/$).
Unit sizes range from 72.0–109.5 sqm (775–1179 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥39.1万/sqm (approx. $2,605/sqm or $242/sqft).
Location & Neighborhood
The property is located at Fukuokashi Minamiku Wakahisa 1 Choume 25-22 (福岡市南区若久1丁目25-22), Fukuoka, Japan. It is a 19-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 23 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 81 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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