Overview of J G M Chidori Taunkootofaasutouingu (ＪＧＭ千鳥タウンコートファーストウイング)
J G M Chidori Taunkootofaasutouingu (ＪＧＭ千鳥タウンコートファーストウイング) is a 28-year-old condominium located at Koga Shi Kubo 1309-2 (古賀市久保1309-2), Fukuoka, Japan. Built in 1998, it comprises 98 units in a Reinforced Concrete (RC) structure. It was constructed by Dai Matsu Kensetsu , Oohira Kougyou (大末建設、 大平工業).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 1,280〜2,480万円 (approx. $85,333–$165,333 USD at ¥150/$).
Unit sizes range from 78.2–88.1 sqm (842–948 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.7万/sqm (approx. $1,647/sqm or $153/sqft).
Location & Neighborhood
The property is located at Koga Shi Kubo 1309-2 (古賀市久保1309-2), Fukuoka, Japan. It is a 15-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 28 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 98 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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