Overview of Daisan 5 Purinsumanshon (第３５プリンスマンション)
Daisan 5 Purinsumanshon (第３５プリンスマンション) is a 41-year-old condominium located at Kitakyuushuushi Kohata Ku Nakahara Higashi 2 Choume 9-9 (北九州市戸畑区中原東2丁目9-9), Fukuoka, Japan. Built in 1985, it comprises 24 units in a Reinforced Concrete (RC) structure. It was constructed by Chuuwa Kensetsu Kougyou (中和建設工業).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 580〜1,180万円 (approx. $38,667–$78,667 USD at ¥150/$).
Unit sizes range from 60.6–69.3 sqm (652–746 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥13.8万/sqm (approx. $923/sqm or $86/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Kohata Ku Nakahara Higashi 2 Choume 9-9 (北九州市戸畑区中原東2丁目9-9), Fukuoka, Japan. It is a 8-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 41 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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