Overview of Jgm Fukudai Mae (JGM福大前)
Jgm Fukudai Mae (JGM福大前) is a 36-year-old condominium located at Fukuokashi Jounan Ku Katae 3 Choume 21-8 (福岡市城南区片江3丁目21-8), Fukuoka, Japan. Built in 1990, it comprises 32 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 210〜380万円 (approx. $14,000–$25,333 USD at ¥150/$).
Unit sizes range from 19.0–20.8 sqm (205–224 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Location & Neighborhood
The property is located at Fukuokashi Jounan Ku Katae 3 Choume 21-8 (福岡市城南区片江3丁目21-8), Fukuoka, Japan. It is a 15-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 36 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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