Overview of Sanraifu Mojieki Mae (サンライフ門司駅前)
Sanraifu Mojieki Mae (サンライフ門司駅前) is a 28-year-old condominium located at Kitakyuushuushi Moji Ku Nakamachi 1-5 (北九州市門司区中町1-5), Fukuoka, Japan. Built in 1998, it comprises 36 units in a Steel Reinforced Concrete (SRC) structure.
Pricing & Floor Plans
Based on 9 past listings, prices have ranged from 1,080〜2,390万円 (approx. $72,000–$159,333 USD at ¥150/$).
Unit sizes range from 61.5–77.3 sqm (662–832 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.0万/sqm (approx. $1,598/sqm or $148/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Moji Ku Nakamachi 1-5 (北九州市門司区中町1-5), Fukuoka, Japan. It is a 3-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 28 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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