Overview of Roiyarukooto Dazaifu (ロイヤルコート太宰府)
Roiyarukooto Dazaifu (ロイヤルコート太宰府) is a 35-year-old condominium located at Dazaifu Shi Shujaku 4 Choume 19-21 (太宰府市朱雀4丁目19-21), Fukuoka, Japan. Built in 1991, it comprises 35 units in a Reinforced Concrete (RC) structure. It was constructed by Takamatsu Kumi (高松組).
Pricing & Floor Plans
Based on 39 past listings, prices have ranged from 170〜430万円 (approx. $11,333–$28,667 USD at ¥150/$).
Unit sizes range from 21.0–42.0 sqm (226–452 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 3K (3-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥10.0万/sqm (approx. $667/sqm or $62/sqft).
Location & Neighborhood
The property is located at Dazaifu Shi Shujaku 4 Choume 19-21 (太宰府市朱雀4丁目19-21), Fukuoka, Japan. It is a 8-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 35 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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