Overview of Ekureeru Fukuoka Higashi (エクレール福岡東)
Ekureeru Fukuoka Higashi (エクレール福岡東) is a 34-year-old condominium located at Kasuya Gun Kasuya Machi Ue Oosumi 352-10 (糟屋郡粕屋町上大隈352-10), Fukuoka, Japan. Built in 1992, it comprises 46 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Matsuo Kensetsu (松尾建設).
Pricing & Floor Plans
Based on 36 past listings, prices have ranged from 750〜2,290万円 (approx. $50,000–$152,667 USD at ¥150/$).
Unit sizes range from 63.6–84.7 sqm (685–912 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥21.0万/sqm (approx. $1,402/sqm or $130/sqft).
Location & Neighborhood
The property is located at Kasuya Gun Kasuya Machi Ue Oosumi 352-10 (糟屋郡粕屋町上大隈352-10), Fukuoka, Japan. It is a 13-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 34 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.
Analyze this property's fair price and negotiation room for free at RE:public.