Overview of J G M Verude Nakagawa Ni Ban Kan (ＪＧＭヴェルデ那珂川弐番館)
J G M Verude Nakagawa Ni Ban Kan (ＪＧＭヴェルデ那珂川弐番館) is a 32-year-old condominium located at Nakagawa Shichuu Hara 6 Choume 6-25 (那珂川市中原6丁目6-25), Fukuoka, Japan. Built in 1994, it comprises 20 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 1,150〜1,990万円 (approx. $76,667–$132,667 USD at ¥150/$).
Unit sizes range from 63.5–74.8 sqm (684–805 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥28.5万/sqm (approx. $1,899/sqm or $176/sqft).
Location & Neighborhood
The property is located at Nakagawa Shichuu Hara 6 Choume 6-25 (那珂川市中原6丁目6-25), Fukuoka, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 32 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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