Overview of Ukishirogurandohaitsu Koishi (ウキシログランドハイツ小石)
Ukishirogurandohaitsu Koishi (ウキシログランドハイツ小石) is a 42-year-old condominium located at Kitakyuushuushi Wakamatsuku Shimobara Machi 7-10 (北九州市若松区下原町7-10), Fukuoka, Japan. Built in 1984, it comprises 17 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 11 past listings, prices have ranged from 299〜640万円 (approx. $19,933–$42,667 USD at ¥150/$).
Unit sizes range from 63.2–74.4 sqm (680–801 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥4.8万/sqm (approx. $323/sqm or $30/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Wakamatsuku Shimobara Machi 7-10 (北九州市若松区下原町7-10), Fukuoka, Japan. It is a 36-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 42 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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