Overview of Rowaarumanshon Jounan 2 (ロワールマンション城南２)
Rowaarumanshon Jounan 2 (ロワールマンション城南２) is a 38-year-old condominium located at Fukuokashi Jounan Ku Hoshiguma 2 Choume 1-10 (福岡市城南区干隈2丁目1-10), Fukuoka, Japan. Built in 1988, it comprises 21 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥29.5万/sqm (approx. $1,965/sqm or $183/sqft).
Location & Neighborhood
The property is located at Fukuokashi Jounan Ku Hoshiguma 2 Choume 1-10 (福岡市城南区干隈2丁目1-10), Fukuoka, Japan. It is a 9-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 38 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.
Analyze this property's fair price and negotiation room for free at RE:public.