Overview of Ruemezonrowaaru Kurume (ルエメゾンロワール久留米)
Ruemezonrowaaru Kurume (ルエメゾンロワール久留米) is a 36-year-old condominium located at Kurumeshi Ootemachi 4-16 (久留米市大手町4-16), Fukuoka, Japan. Built in 1990, it comprises 62 units in a Reinforced Concrete (RC) structure. It was constructed by Yachiyo Kensetsu (八千代建設).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 250〜440万円 (approx. $16,667–$29,333 USD at ¥150/$).
Unit sizes range from 19.9–24.6 sqm (214–265 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen).
Estimated price per sqm: ¥15.1万/sqm (approx. $1,005/sqm or $93/sqft).
Location & Neighborhood
The property is located at Kurumeshi Ootemachi 4-16 (久留米市大手町4-16), 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 36 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 62 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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