Overview of Aabanparesu Koga Suteeshon'abenyuu (アーバンパレス古賀ステーションアベニュー)
Aabanparesu Koga Suteeshon'abenyuu (アーバンパレス古賀ステーションアベニュー) is a 24-year-old condominium located at Koga Shi Tenjin 2 Choume 1-37 (古賀市天神2丁目1-37), Fukuoka, Japan. Built in 2002, it comprises 60 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kumagaigumi (熊谷組).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 1,690〜2,980万円 (approx. $112,667–$198,667 USD at ¥150/$).
Unit sizes range from 75.4–99.7 sqm (812–1073 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Koga Shi Tenjin 2 Choume 1-37 (古賀市天神2丁目1-37), Fukuoka, Japan. It is a 1-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 24 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 60 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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