Overview of Ekureeru Kutami 2 (エクレール朽網２)
Ekureeru Kutami 2 (エクレール朽網２) is a 39-year-old condominium located at Kitakyuushuushi Kokuraminami Ku Kutami Nishi 6 Choume 8-2 (北九州市小倉南区朽網西6丁目8-2), Fukuoka, Japan. Built in 1987, it comprises 59 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Matsuo Kensetsu (松尾建設).
Pricing & Floor Plans
Based on 36 past listings, prices have ranged from 530〜1,050万円 (approx. $35,333–$70,000 USD at ¥150/$).
Unit sizes range from 62.4–93.2 sqm (672–1003 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), 5LDK (5-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥7.9万/sqm (approx. $529/sqm or $49/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Kokuraminami Ku Kutami Nishi 6 Choume 8-2 (北九州市小倉南区朽網西6丁目8-2), Fukuoka, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 39 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 59 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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