Overview of Tori Hata Sukaimanshon 3 Ban Kan (鳥旗スカイマンション３番館)
Tori Hata Sukaimanshon 3 Ban Kan (鳥旗スカイマンション３番館) is a 35-year-old condominium located at Kitakyuushuushi Kohata Ku Minami Tori Hata Machi 4-17 (北九州市戸畑区南鳥旗町4-17), Fukuoka, Japan. Built in 1991, it comprises 58 units in a Steel Reinforced Concrete (SRC) structure.
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 450〜1,980万円 (approx. $30,000–$132,000 USD at ¥150/$).
Unit sizes range from 48.4–85.1 sqm (521–916 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥12.2万/sqm (approx. $813/sqm or $75/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Kohata Ku Minami Tori Hata Machi 4-17 (北九州市戸畑区南鳥旗町4-17), 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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 58 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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