Overview of Guriinmanshon Hirao (グリーンマンション平尾)
Guriinmanshon Hirao (グリーンマンション平尾) is a 30-year-old condominium located at Fukuokashi Chuuouku Hirao 2 Choume 8-13 (福岡市中央区平尾2丁目8-13), Fukuoka, Japan. Built in 1996, it comprises 37 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Asanuma Kumi (淺沼組).
Pricing & Floor Plans
Based on 26 past listings, prices have ranged from 1,680〜4,180万円 (approx. $112,000–$278,667 USD at ¥150/$).
Unit sizes range from 47.3–71.4 sqm (509–769 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥57.9万/sqm (approx. $3,863/sqm or $359/sqft).
Location & Neighborhood
The property is located at Fukuokashi Chuuouku Hirao 2 Choume 8-13 (福岡市中央区平尾2丁目8-13), 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 30 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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