Overview of Touhou Manshon Hakataeki Higashi (東峰マンション博多駅東)
Touhou Manshon Hakataeki Higashi (東峰マンション博多駅東) is a 42-year-old condominium located at Fukuokashi Hakataku Hi Megumi Machi 7-27 (福岡市博多区比恵町7-27), Fukuoka, Japan. Built in 1984, it comprises 97 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Zenidaka Kumi (錢高組).
Pricing & Floor Plans
Based on 83 past listings, prices have ranged from 380〜3,498万円 (approx. $25,333–$233,200 USD at ¥150/$).
Unit sizes range from 25.0–83.1 sqm (269–894 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2K (2-bedroom w/ kitchen), 3DK (3-bedroom w/ dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen).
Estimated price per sqm: ¥28.8万/sqm (approx. $1,917/sqm or $178/sqft).
Location & Neighborhood
The property is located at Fukuokashi Hakataku Hi Megumi Machi 7-27 (福岡市博多区比恵町7-27), Fukuoka, Japan. It is a 4-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 42 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 97 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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