Overview of Raionzumanshon Oohashi Daigo (ライオンズマンション大橋第５)
Raionzumanshon Oohashi Daigo (ライオンズマンション大橋第５) is a 39-year-old condominium located at Fukuokashi Minamiku Oohashi 3 Choume 16-5 (福岡市南区大橋3丁目16-5), Fukuoka, Japan. Built in 1987, it comprises 18 units in a Reinforced Concrete (RC) structure. It was constructed by Daitokougyou (大都工業).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥31.6万/sqm (approx. $2,103/sqm or $195/sqft).
Location & Neighborhood
The property is located at Fukuokashi Minamiku Oohashi 3 Choume 16-5 (福岡市南区大橋3丁目16-5), Fukuoka, Japan. It is a 12-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 39 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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