Overview of Haitsu Nagazumi Minami (ハイツ長住南)
Haitsu Nagazumi Minami (ハイツ長住南) is a 36-year-old condominium located at Fukuokashi Minamiku Hibara 2 Choume 10-23 (福岡市南区桧原2丁目10-23), Fukuoka, Japan. Built in 1990, it comprises 30 units in a Reinforced Concrete (RC) structure. It was constructed by Aoki Kensetsu (青木建設).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 1,480〜2,480万円 (approx. $98,667–$165,333 USD at ¥150/$).
Unit sizes range from 93.6–111.3 sqm (1008–1198 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 5LDK (5-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Fukuokashi Minamiku Hibara 2 Choume 10-23 (福岡市南区桧原2丁目10-23), 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 36 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.