Overview of Fooresutomanshonreikusaido Noogata 2 (フォーレストマンションレイクサイド直方２)
Fooresutomanshonreikusaido Noogata 2 (フォーレストマンションレイクサイド直方２) is a 34-year-old condominium located at Noogatashi Kan Ta 3601-15 (直方市感田3601-15), Fukuoka, Japan. Built in 1992, it comprises 23 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 1 past listings, prices have ranged from 600〜600万円 (approx. $40,000–$40,000 USD at ¥150/$).
Unit sizes range from 58.7–58.7 sqm (632–632 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Noogatashi Kan Ta 3601-15 (直方市感田3601-15), Fukuoka, Japan. It is a 18-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.