Overview of Ooku Kohata (オーク戸畑)
Ooku Kohata (オーク戸畑) is a 45-year-old condominium located at Kitakyuushuushi Kohata Ku Araike 3 Choume 6-15 (北九州市戸畑区新池3丁目6-15), Fukuoka, Japan. Built in 1981, it comprises 36 units in a Steel Reinforced Concrete (SRC) structure.
Pricing & Floor Plans
Based on 11 past listings, prices have ranged from 550〜1,580万円 (approx. $36,667–$105,333 USD at ¥150/$).
Unit sizes range from 65.3–82.0 sqm (703–883 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥17.4万/sqm (approx. $1,161/sqm or $108/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Kohata Ku Araike 3 Choume 6-15 (北九州市戸畑区新池3丁目6-15), Fukuoka, Japan. It is a 10-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 45 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.
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