Overview of Riibesuto Shirakibaru (リーベスト白木原)
Riibesuto Shirakibaru (リーベスト白木原) is a 27-year-old condominium located at Oonojou Shi Shirakibaru 5 Choume 7-10 (大野城市白木原5丁目7-10), Fukuoka, Japan. Built in 1999, it comprises 43 units in a Reinforced Concrete (RC) structure. It was constructed by Kyuu Tekkou Gyou (九鉄工業).
Pricing & Floor Plans
Based on 10 past listings, prices have ranged from 1,790〜2,680万円 (approx. $119,333–$178,667 USD at ¥150/$).
Unit sizes range from 76.0–84.4 sqm (818–908 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Oonojou Shi Shirakibaru 5 Choume 7-10 (大野城市白木原5丁目7-10), Fukuoka, Japan. It is a 8-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 27 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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