Overview of Sanpaaku Honjou Higashi (サンパーク本城東)
Sanpaaku Honjou Higashi (サンパーク本城東) is a 28-year-old condominium located at Kitakyuushuushi Yahatanishi Ku Honjou Higashi 1 Choume 14-10 (北九州市八幡西区本城東1丁目14-10), Fukuoka, Japan. Built in 1998, it comprises 36 units in a Reinforced Concrete (RC) structure. It was constructed by Morimoto Kumi Kyuushuu Shiten (森本組 九州支店).
Pricing & Floor Plans
Based on 41 past listings, prices have ranged from 898〜1,580万円 (approx. $59,867–$105,333 USD at ¥150/$).
Unit sizes range from 68.1–88.2 sqm (733–949 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥16.5万/sqm (approx. $1,101/sqm or $102/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Yahatanishi Ku Honjou Higashi 1 Choume 14-10 (北九州市八幡西区本城東1丁目14-10), Fukuoka, Japan. It is a 19-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 28 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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