Overview of J G M Verude Jounan (ＪＧＭヴェルデ城南)
J G M Verude Jounan (ＪＧＭヴェルデ城南) is a 26-year-old condominium located at Fukuokashi Jounan Ku Tsutsumi 2 Choume 3-35 (福岡市城南区堤2丁目3-35), Fukuoka, Japan. Built in 2000, it comprises 47 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 1,680〜2,750万円 (approx. $112,000–$183,333 USD at ¥150/$).
Unit sizes range from 78.2–87.3 sqm (842–940 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Fukuokashi Jounan Ku Tsutsumi 2 Choume 3-35 (福岡市城南区堤2丁目3-35), Fukuoka, Japan. It is a 28-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 26 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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