Overview of Kokuraminami Sukaimanshon (小倉南スカイマンション)
Kokuraminami Sukaimanshon (小倉南スカイマンション) is a 37-year-old condominium located at Kitakyuushuushi Kokuraminami Ku Shounan Machi 1 Choume 14-11 (北九州市小倉南区沼南町1丁目14-11), Fukuoka, Japan. Built in 1989, it comprises 60 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Tada Kensetsu (多田建設).
Pricing & Floor Plans
Based on 48 past listings, prices have ranged from 470〜1,199万円 (approx. $31,333–$79,933 USD at ¥150/$).
Unit sizes range from 59.7–84.4 sqm (643–908 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 5LDK (5-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥14.0万/sqm (approx. $935/sqm or $87/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Kokuraminami Ku Shounan Machi 1 Choume 14-11 (北九州市小倉南区沼南町1丁目14-11), Fukuoka, Japan. It is a 3-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 37 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 60 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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