Overview of Raionzumanshon Kurume Daisan (ライオンズマンション久留米第３)
Raionzumanshon Kurume Daisan (ライオンズマンション久留米第３) is a 42-year-old condominium located at Kurumeshi Suwa Nomachi 2570-8 (久留米市諏訪野町2570-8), Fukuoka, Japan. Built in 1984, it comprises 49 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kuriki Koumuten (栗木工務店).
Pricing & Floor Plans
Based on 44 past listings, prices have ranged from 380〜1,698万円 (approx. $25,333–$113,200 USD at ¥150/$).
Unit sizes range from 44.5–82.6 sqm (479–889 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥11.4万/sqm (approx. $761/sqm or $71/sqft).
Location & Neighborhood
The property is located at Kurumeshi Suwa Nomachi 2570-8 (久留米市諏訪野町2570-8), Fukuoka, Japan. It is a 6-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 42 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.
Analyze this property's fair price and negotiation room for free at RE:public.