Overview of Mjr Wajiro Oka (MJR和白丘)
Mjr Wajiro Oka (MJR和白丘) is a 22-year-old condominium located at Fukuokashi Higashiku Wajiro Oka 1 Choume 21-7 (福岡市東区和白丘1丁目21-7), Fukuoka, Japan. Built in 2004, it comprises 152 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kyuu Tekkou Gyou ・ Shimizukensetsu (九鉄工業・清水建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥43.7万/sqm (approx. $2,915/sqm or $271/sqft).
Location & Neighborhood
The property is located at Fukuokashi Higashiku Wajiro Oka 1 Choume 21-7 (福岡市東区和白丘1丁目21-7), Fukuoka, Japan. It is a 1-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
Scale advantage: With 152 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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