Overview of Shirakibaru Paakuhoomuzu (白木原パークホームズ)
Shirakibaru Paakuhoomuzu (白木原パークホームズ) is a 34-year-old condominium located at Oonojou Shi Toudai Ri 4 Choume 3-1 (大野城市東大利4丁目3-1), Fukuoka, Japan. Built in 1992, it comprises 53 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Toyosaka Kensetsu (豊栄建設).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 1,190〜2,890万円 (approx. $79,333–$192,667 USD at ¥150/$).
Unit sizes range from 60.2–83.8 sqm (648–902 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: ¥35.1万/sqm (approx. $2,343/sqm or $218/sqft).
Location & Neighborhood
The property is located at Oonojou Shi Toudai Ri 4 Choume 3-1 (大野城市東大利4丁目3-1), Fukuoka, Japan. It is a 11-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 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 53 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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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