Overview of San'ai Shiteiraifu Kasuga 2 (三愛シティライフ春日２)
San'ai Shiteiraifu Kasuga 2 (三愛シティライフ春日２) is a 34-year-old condominium located at Kasugashi Yayoi 3 Choume 45-4 (春日市弥生3丁目45-4), Fukuoka, Japan. Built in 1992, it comprises 30 units in a Reinforced Concrete (RC) structure. It was constructed by Takagi Koumuten (高木工務店).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥24.4万/sqm (approx. $1,624/sqm or $151/sqft).
Location & Neighborhood
The property is located at Kasugashi Yayoi 3 Choume 45-4 (春日市弥生3丁目45-4), Fukuoka, Japan. It is a 19-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 34 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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