Overview of Gureisumanshon Kasuga (グレイスマンション春日)
Gureisumanshon Kasuga (グレイスマンション春日) is a 31-year-old condominium located at Kasugashi Jouhaku Mizu 3 Choume 52 (春日市上白水3丁目52), Fukuoka, Japan. Built in 1995, it comprises 30 units in a Reinforced Concrete (RC) structure. It was constructed by Matsumura Kumi Kyuushuu Shiten (松村組九州支店).
Pricing & Floor Plans
Based on 9 past listings, prices have ranged from 1,000〜1,780万円 (approx. $66,667–$118,667 USD at ¥150/$).
Unit sizes range from 66.1–70.3 sqm (711–757 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).
Location & Neighborhood
The property is located at Kasugashi Jouhaku Mizu 3 Choume 52 (春日市上白水3丁目52), Fukuoka, Japan. It is a 13-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.
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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