Overview of Ekureeru Koushin (エクレール幸神)
Ekureeru Koushin (エクレール幸神) is a 42-year-old condominium located at Kitakyuushuushi Yahatanishi Ku Koushin 2 Choume 10-46 (北九州市八幡西区幸神2丁目10-46), Fukuoka, Japan. Built in 1984, it comprises 118 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Matsuo Kensetsu (松尾建設).
Pricing & Floor Plans
Based on 95 past listings, prices have ranged from 250〜1,680万円 (approx. $16,667–$112,000 USD at ¥150/$).
Unit sizes range from 53.7–90.8 sqm (578–977 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥11.0万/sqm (approx. $731/sqm or $68/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Yahatanishi Ku Koushin 2 Choume 10-46 (北九州市八幡西区幸神2丁目10-46), Fukuoka, Japan. It is a 4-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 42 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 118 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.
Analyze this property's fair price and negotiation room for free at RE:public.