Overview of Raionzumanshon Futsukaichi Daini (ライオンズマンション二日市第２)
Raionzumanshon Futsukaichi Daini (ライオンズマンション二日市第２) is a 33-year-old condominium located at Dazaifu Shi Shujaku 1 Choume 2-25 (太宰府市朱雀1丁目2-25), Fukuoka, Japan. Built in 1993, it comprises 122 units in a Reinforced Concrete (RC) structure. It was constructed by Arai Kumi , Touken Setsu , Hoka (新井組、 東建設、 他).
Pricing & Floor Plans
Based on 51 past listings, prices have ranged from 750〜1,799万円 (approx. $50,000–$119,933 USD at ¥150/$).
Unit sizes range from 60.8–72.7 sqm (654–783 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.0万/sqm (approx. $1,597/sqm or $148/sqft).
Location & Neighborhood
The property is located at Dazaifu Shi Shujaku 1 Choume 2-25 (太宰府市朱雀1丁目2-25), Fukuoka, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 33 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 122 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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