Overview of Ekureeru Koga Ekimae (エクレール古賀駅前)
Ekureeru Koga Ekimae (エクレール古賀駅前) is a 37-year-old condominium located at Koga Shi Tenjin 5 Choume 2-10 (古賀市天神5丁目2-10), Fukuoka, Japan. Built in 1989, it comprises 36 units in a Reinforced Concrete (RC) structure. It was constructed by Matsuo Kensetsu (松尾建設).
Pricing & Floor Plans
Based on 6 past listings, prices have ranged from 750〜1,188万円 (approx. $50,000–$79,200 USD at ¥150/$).
Unit sizes range from 65.2–85.0 sqm (702–915 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).
Location & Neighborhood
The property is located at Koga Shi Tenjin 5 Choume 2-10 (古賀市天神5丁目2-10), Fukuoka, Japan. It is a 7-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 37 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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