Overview of Sanpaaku・kuresutosaaju Kohata B Kooto (サンパーク・クレストサージュ戸畑Ｂコート)
Sanpaaku・kuresutosaaju Kohata B Kooto (サンパーク・クレストサージュ戸畑Ｂコート) is a 26-year-old condominium located at Kitakyuushuushi Kohata Ku Araike 1 Choume 5-2 (北九州市戸畑区新池1丁目5-2), Fukuoka, Japan. Built in 2000, it comprises 66 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Matsumura Kumi (松村組).
Pricing & Floor Plans
Based on 28 past listings, prices have ranged from 1,580〜2,490万円 (approx. $105,333–$166,000 USD at ¥150/$).
Unit sizes range from 71.5–89.9 sqm (770–968 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥22.4万/sqm (approx. $1,492/sqm or $139/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Kohata Ku Araike 1 Choume 5-2 (北九州市戸畑区新池1丁目5-2), Fukuoka, Japan. It is a 10-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 26 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 66 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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