Overview of Touhou Manshon Kasuga (東峰マンション春日)
Touhou Manshon Kasuga (東峰マンション春日) is a 38-year-old condominium located at Kasugashi Sugu Minami 5 Choume 12 (春日市須玖南5丁目12), Fukuoka, Japan. Built in 1988, it comprises 121 units in a Reinforced Concrete (RC) structure. It was constructed by Zenidaka Kumi , Moriya Kumi (錢高組、 守谷組).
Pricing & Floor Plans
Based on 40 past listings, prices have ranged from 900〜2,580万円 (approx. $60,000–$172,000 USD at ¥150/$).
Unit sizes range from 72.3–94.4 sqm (778–1016 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: ¥23.5万/sqm (approx. $1,567/sqm or $146/sqft).
Location & Neighborhood
The property is located at Kasugashi Sugu Minami 5 Choume 12 (春日市須玖南5丁目12), Fukuoka, Japan. It is a 3-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 38 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 121 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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