Overview of Howaitokyassuru Suwa (ホワイトキャッスル諏訪)
Howaitokyassuru Suwa (ホワイトキャッスル諏訪) is a 29-year-old condominium located at Kitakyuushuushi Yahatahigashi Ku Suwa 1 Choume 3-12 (北九州市八幡東区諏訪1丁目3-12), Fukuoka, Japan. Built in 1997, it comprises 62 units in a Reinforced Concrete (RC) structure. It was constructed by Matsuo Kensetsu (松尾建設).
Pricing & Floor Plans
Based on 30 past listings, prices have ranged from 1,180〜1,980万円 (approx. $78,667–$132,000 USD at ¥150/$).
Unit sizes range from 66.2–87.7 sqm (713–944 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥21.9万/sqm (approx. $1,457/sqm or $135/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Yahatahigashi Ku Suwa 1 Choume 3-12 (北九州市八幡東区諏訪1丁目3-12), Fukuoka, Japan. It is a 12-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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 62 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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