Overview of Aasaa Hakata Tsuinkooto (アーサー博多ツインコート)
Aasaa Hakata Tsuinkooto (アーサー博多ツインコート) is a 27-year-old condominium located at Fukuokashi Hakataku Sumiyoshi 5 Choume 9-6 (福岡市博多区住吉5丁目9-6), Fukuoka, Japan. Built in 1999, it comprises 29 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Arai Kumi Kyuushuu Shisha (新井組九州支社).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 1,850〜3,180万円 (approx. $123,333–$212,000 USD at ¥150/$).
Unit sizes range from 62.0–73.2 sqm (667–788 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Fukuokashi Hakataku Sumiyoshi 5 Choume 9-6 (福岡市博多区住吉5丁目9-6), Fukuoka, Japan. It is a 14-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 27 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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