Overview of Sukaihaitsu Gojou (スカイハイツ五条)
Sukaihaitsu Gojou (スカイハイツ五条) is a 38-year-old condominium located at Dazaifu Shi Gojou 2 Choume 15-8 (太宰府市五条2丁目15-8), Fukuoka, Japan. Built in 1988, it comprises 22 units in a Reinforced Concrete (RC) structure. It was constructed by Kounoike Kumi (鴻池組).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 870〜2,010万円 (approx. $58,000–$134,000 USD at ¥150/$).
Unit sizes range from 74.9–82.1 sqm (806–884 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥19.9万/sqm (approx. $1,325/sqm or $123/sqft).
Location & Neighborhood
The property is located at Dazaifu Shi Gojou 2 Choume 15-8 (太宰府市五条2丁目15-8), 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 38 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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