Overview of Emerarudotaun Wajiro a Tou (エメラルドタウン和白 A棟)
Emerarudotaun Wajiro a Tou (エメラルドタウン和白 A棟) is a 41-year-old condominium located at Fukuokashi Higashiku Wajiro Higashi 1 Choume 20-12 (福岡市東区和白東1丁目20-12), Fukuoka, Japan. Built in 1985, it comprises 50 units in a Reinforced Concrete (RC) structure. It was constructed by Kita Kensetsu (喜多建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥16.0万/sqm (approx. $1,069/sqm or $99/sqft).
Location & Neighborhood
The property is located at Fukuokashi Higashiku Wajiro Higashi 1 Choume 20-12 (福岡市東区和白東1丁目20-12), 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 41 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 50 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.
Analyze this property's fair price and negotiation room for free at RE:public.