Overview of Randouurushitei Kurume (ランドゥールシティ久留米)
Randouurushitei Kurume (ランドゥールシティ久留米) is a 23-year-old condominium located at Kurumeshi Toorichou 8-9 (久留米市通町8-9), Fukuoka, Japan. Built in 2003, it comprises 38 units in a Steel Reinforced Concrete (SRC) structure.
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 1,450〜2,890万円 (approx. $96,667–$192,667 USD at ¥150/$).
Unit sizes range from 73.1–93.5 sqm (787–1006 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥32.6万/sqm (approx. $2,175/sqm or $202/sqft).
Location & Neighborhood
The property is located at Kurumeshi Toorichou 8-9 (久留米市通町8-9), Fukuoka, Japan. It is a 12-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 23 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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