Overview of Komodohiru Sakuradai (コモドヒル桜台)
Komodohiru Sakuradai (コモドヒル桜台) is a 32-year-old condominium located at Chikushino Shi Nagaoka 1030-1 (筑紫野市永岡1030-1), Fukuoka, Japan. Built in 1994, it comprises 42 units in a Reinforced Concrete (RC) structure. It was constructed by Kokuba Kumi , Iida Kumi (國場組、 飯田組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥21.1万/sqm (approx. $1,409/sqm or $131/sqft).
Location & Neighborhood
The property is located at Chikushino Shi Nagaoka 1030-1 (筑紫野市永岡1030-1), Fukuoka, Japan. It is a 6-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 32 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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