Overview of Verudekooto Aoyama 2 Ban Kan (ヴェルデコート青山２番館)
Verudekooto Aoyama 2 Ban Kan (ヴェルデコート青山２番館) is a 29-year-old condominium located at Kitakyuushuushi Yahatanishi Ku Hagiwara 2 Choume 4-2 (北九州市八幡西区萩原2丁目4-2), Fukuoka, Japan. Built in 1997, it comprises 71 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kashima Kensetsu , Shinnihonseitetsu , Hoka (鹿島建設、 新日本製鐵、 他).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥17.8万/sqm (approx. $1,183/sqm or $110/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Yahatanishi Ku Hagiwara 2 Choume 4-2 (北九州市八幡西区萩原2丁目4-2), Fukuoka, Japan. It is a 3-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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 71 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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