Overview of Guriinmanshon Meinohama (グリーンマンション姪浜)
Guriinmanshon Meinohama (グリーンマンション姪浜) is a 44-year-old condominium located at Fukuokashi Nishiku Mei No Hama 1 Choume 13-33 (福岡市西区姪の浜1丁目13-33), Fukuoka, Japan. Built in 1982, it comprises 61 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Gotou Kumi , Kyuushuu Denkikouji (後藤組、 九州電気工事).
Pricing & Floor Plans
Based on 35 past listings, prices have ranged from 780〜2,750万円 (approx. $52,000–$183,333 USD at ¥150/$).
Unit sizes range from 63.2–81.8 sqm (680–880 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-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: ¥33.8万/sqm (approx. $2,255/sqm or $210/sqft).
Location & Neighborhood
The property is located at Fukuokashi Nishiku Mei No Hama 1 Choume 13-33 (福岡市西区姪の浜1丁目13-33), Fukuoka, Japan. It is a 10-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 44 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 61 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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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