Overview of Fooresuto Sakuradai (フォーレスト桜台)
Fooresuto Sakuradai (フォーレスト桜台) is a 29-year-old condominium located at Chikushino Shi Nagaoka 1100-1 (筑紫野市永岡1100-1), Fukuoka, Japan. Built in 1997, it comprises 28 units in a Reinforced Concrete (RC) structure. It was constructed by Ishihara Kensetsu (石原建設).
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 1,098〜2,180万円 (approx. $73,200–$145,333 USD at ¥150/$).
Unit sizes range from 66.2–84.0 sqm (713–904 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥22.3万/sqm (approx. $1,487/sqm or $138/sqft).
Location & Neighborhood
The property is located at Chikushino Shi Nagaoka 1100-1 (筑紫野市永岡1100-1), Fukuoka, Japan. It is a 7-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 29 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.
Analyze this property's fair price and negotiation room for free at RE:public.