Overview of Touwa Haitaun Fukuma (藤和ハイタウン福間)
Touwa Haitaun Fukuma (藤和ハイタウン福間) is a 31-year-old condominium located at Fukutsu Shichuu Ou 1 Choume 3-1 (福津市中央1丁目3-1), Fukuoka, Japan. Built in 1995, it comprises 80 units in a Reinforced Concrete (RC) structure. It was constructed by Magara Kensetsu (真柄建設).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 990〜2,080万円 (approx. $66,000–$138,667 USD at ¥150/$).
Unit sizes range from 73.2–82.7 sqm (788–890 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.3万/sqm (approx. $1,622/sqm or $151/sqft).
Location & Neighborhood
The property is located at Fukutsu Shichuu Ou 1 Choume 3-1 (福津市中央1丁目3-1), 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 31 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 80 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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