Overview of Daigo Furawaamanshon (第５フラワーマンション)
Daigo Furawaamanshon (第５フラワーマンション) is a 41-year-old condominium located at Kumamotoshi Chuuouku Shinmachi 2 Choume 8-3 (熊本市中央区新町2丁目8-3), Kumamoto, Japan. Built in 1985, it comprises 34 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 11 past listings, prices have ranged from 299〜980万円 (approx. $19,933–$65,333 USD at ¥150/$).
Unit sizes range from 26.6–85.4 sqm (286–919 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 1R (Studio).
Estimated price per sqm: ¥15.0万/sqm (approx. $997/sqm or $93/sqft).
Location & Neighborhood
The property is located at Kumamotoshi Chuuouku Shinmachi 2 Choume 8-3 (熊本市中央区新町2丁目8-3), Kumamoto, Japan. It is a 4-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 41 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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