Overview of Montoore Fukuma Shitei (モントーレ福間シティ)
Montoore Fukuma Shitei (モントーレ福間シティ) is a 30-year-old condominium located at Fukutsu Shichuu Ou 2 Choume 8-1 (福津市中央2丁目8-1), Fukuoka, Japan. Built in 1996, it comprises 209 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Zenidaka Kumi , Tomisoo Kensetsu (銭高組、 トミソー建設).
Pricing & Floor Plans
Based on 90 past listings, prices have ranged from 930〜2,980万円 (approx. $62,000–$198,667 USD at ¥150/$).
Unit sizes range from 55.9–95.9 sqm (602–1032 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥30.7万/sqm (approx. $2,045/sqm or $190/sqft).
Location & Neighborhood
The property is located at Fukutsu Shichuu Ou 2 Choume 8-1 (福津市中央2丁目8-1), Fukuoka, Japan. It is a 5-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 30 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 209 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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