Overview of Saapasushitei Maehara San Ban Kan (サーパスシティ前原参番館)
Saapasushitei Maehara San Ban Kan (サーパスシティ前原参番館) is a 31-year-old condominium located at Ito Shima Shi Maehara Higashi 1 Choume 8-1 (糸島市前原東1丁目8-1), Fukuoka, Japan. Built in 1995, it comprises 68 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Anabuki Koumuten (穴吹工務店).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥28.9万/sqm (approx. $1,928/sqm or $179/sqft).
Location & Neighborhood
The property is located at Ito Shima Shi Maehara Higashi 1 Choume 8-1 (糸島市前原東1丁目8-1), Fukuoka, Japan. It is a 14-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 31 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 68 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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