Overview of Touhou Manshon Nakagawa 2 (東峰マンション那珂川2)
Touhou Manshon Nakagawa 2 (東峰マンション那珂川2) is a 26-year-old condominium located at Nakagawa Shi Katanawa Higashi 1 Choume 13-11 (那珂川市片縄東1丁目13-11), Fukuoka, Japan. Built in 2000, it comprises 47 units in a Reinforced Concrete (RC) structure. It was constructed by Nankai Tatsumura Kensetsu Kyuushuu Shiten (南海辰村建設九州支店).
Pricing & Floor Plans
Based on 19 past listings, prices have ranged from 1,480〜2,780万円 (approx. $98,667–$185,333 USD at ¥150/$).
Unit sizes range from 74.3–99.5 sqm (800–1071 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥28.8万/sqm (approx. $1,918/sqm or $178/sqft).
Location & Neighborhood
The property is located at Nakagawa Shi Katanawa Higashi 1 Choume 13-11 (那珂川市片縄東1丁目13-11), Fukuoka, Japan. It is a 2-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 26 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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