Overview of Montoore Kasuga (モントーレ春日)
Montoore Kasuga (モントーレ春日) is a 29-year-old condominium located at Kasugashi Wakabadai Higashi 3 Choume 33-2 (春日市若葉台東3丁目33-2), Fukuoka, Japan. Built in 1997, it comprises 18 units in a Reinforced Concrete (RC) structure. It was constructed by Hashizume Koumuten (橋詰工務店).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 1,490〜3,190万円 (approx. $99,333–$212,667 USD at ¥150/$).
Unit sizes range from 68.1–95.0 sqm (733–1023 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).
Estimated price per sqm: ¥36.9万/sqm (approx. $2,460/sqm or $229/sqft).
Location & Neighborhood
The property is located at Kasugashi Wakabadai Higashi 3 Choume 33-2 (春日市若葉台東3丁目33-2), Fukuoka, Japan. It is a 3-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 29 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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