Overview of J G M Verude Tomooka Ichiban Kan (ＪＧＭヴェルデ友丘壱番館)
J G M Verude Tomooka Ichiban Kan (ＪＧＭヴェルデ友丘壱番館) is a 25-year-old condominium located at Fukuokashi Jounan Ku Tomooka 3 Choume 11-1 (福岡市城南区友丘3丁目11-1), Fukuoka, Japan. Built in 2001, it comprises 31 units in a Reinforced Concrete (RC) structure. It was constructed by Inoue Kumi (井上組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥35.0万/sqm (approx. $2,333/sqm or $217/sqft).
Location & Neighborhood
The property is located at Fukuokashi Jounan Ku Tomooka 3 Choume 11-1 (福岡市城南区友丘3丁目11-1), Fukuoka, Japan. It is a 17-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 25 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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