Overview of Roze Tenjin (ロゼ天神)
Roze Tenjin (ロゼ天神) is a 45-year-old condominium located at Fukuokashi Chuuouku Tenjin 3 Choume 10-32 (福岡市中央区天神3丁目10-32), Fukuoka, Japan. Built in 1981, it comprises 66 units in a Reinforced Concrete (RC) structure. It was constructed by Saeki Kensetsu (佐伯建設).
Pricing & Floor Plans
Based on 25 past listings, prices have ranged from 300〜3,280万円 (approx. $20,000–$218,667 USD at ¥150/$).
Unit sizes range from 17.9–79.2 sqm (193–853 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥43.4万/sqm (approx. $2,894/sqm or $269/sqft).
Location & Neighborhood
The property is located at Fukuokashi Chuuouku Tenjin 3 Choume 10-32 (福岡市中央区天神3丁目10-32), Fukuoka, Japan. It is a 7-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 45 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 66 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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