Overview of Hatada Guriinmanshon (畠田グリーンマンション)
Hatada Guriinmanshon (畠田グリーンマンション) is a 40-year-old condominium located at Kitakyuushuushi Wakamatsuku Hatada 3 Choume 5-78 (北九州市若松区畠田3丁目5-78), Fukuoka, Japan. Built in 1986, it comprises 24 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 220〜920万円 (approx. $14,667–$61,333 USD at ¥150/$).
Unit sizes range from 20.9–77.2 sqm (225–831 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥5.0万/sqm (approx. $334/sqm or $31/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Wakamatsuku Hatada 3 Choume 5-78 (北九州市若松区畠田3丁目5-78), Fukuoka, Japan. It is a 24-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 40 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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