Overview of Forumu Kyuudaimae (フォルム九大前)
Forumu Kyuudaimae (フォルム九大前) is a 36-year-old condominium located at Fukuokashi Higashiku Hakomatsu 2 Choume 26-13 (福岡市東区筥松2丁目26-13), Fukuoka, Japan. Built in 1990, it comprises 23 units in a Reinforced Concrete (RC) structure. It was constructed by Sankou Juutaku Kigyou (三興住宅企業).
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 270〜750万円 (approx. $18,000–$50,000 USD at ¥150/$).
Unit sizes range from 24.6–46.4 sqm (265–499 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥20.3万/sqm (approx. $1,353/sqm or $126/sqft).
Location & Neighborhood
The property is located at Fukuokashi Higashiku Hakomatsu 2 Choume 26-13 (福岡市東区筥松2丁目26-13), Fukuoka, Japan. It is a 5-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 36 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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