Overview of Kyuu Kyou Manshon Momoji (九興マンション百道)
Kyuu Kyou Manshon Momoji (九興マンション百道) is a 45-year-old condominium located at Fukuokashi Sawara Ku Momoji 2 Choume 8-6 (福岡市早良区百道2丁目8-6), Fukuoka, Japan. Built in 1981, it comprises 18 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Takenakakoumuten (竹中工務店).
Pricing & Floor Plans
Based on 8 past listings, prices have ranged from 1,880〜3,190万円 (approx. $125,333–$212,667 USD at ¥150/$).
Unit sizes range from 70.4–70.4 sqm (758–758 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥45.5万/sqm (approx. $3,035/sqm or $282/sqft).
Location & Neighborhood
The property is located at Fukuokashi Sawara Ku Momoji 2 Choume 8-6 (福岡市早良区百道2丁目8-6), Fukuoka, Japan. It is a 2-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 45 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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