Overview of Jgm Verude Kasuga San Ban Kan (JGMヴェルデ春日参番館)
Jgm Verude Kasuga San Ban Kan (JGMヴェルデ春日参番館) is a 25-year-old condominium located at Kasugashi Shirouzu Ke Oka 1 Choume 8 (春日市白水ケ丘1丁目8), Fukuoka, Japan. Built in 2001, it comprises 49 units in a Reinforced Concrete (RC) structure. It was constructed by Takamatsu Kumi ・ Nikken Kensetsu ・ Kensetsukouji Kyoudou Kigyoutai (高松組・日建建設・建設工事共同企業体).
Pricing & Floor Plans
Based on 32 past listings, prices have ranged from 1,500〜2,780万円 (approx. $100,000–$185,333 USD at ¥150/$).
Unit sizes range from 75.0–86.6 sqm (807–932 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥30.3万/sqm (approx. $2,018/sqm or $187/sqft).
Location & Neighborhood
The property is located at Kasugashi Shirouzu Ke Oka 1 Choume 8 (春日市白水ケ丘1丁目8), Fukuoka, Japan. It is a 11-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 25 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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