ISLAND CITY OCEAN & FOREST TOWER RESIDENCE EAST

Kashiiteriha, Higashi-ku, Fukuoka City. This property resonates with investors looking to 'prepare' their assets in an area where seaside planned urban development is still ongoing in Island City, and where living infrastructure is steadily improving.

Kashiiteriha 6-chome is located in a corner of Island City (an artificial island) that Fukuoka City has been developing as a national strategy. Grid-patterned streets, a unified cityscape, and strategically placed commercial and medical facilities – these are the strengths of urban design not found in spontaneously formed residential areas.

In the vicinity, the supermarket 'Foodway Island Eye Teriha Store' and two 7-Eleven stores are within walking distance, and multiple dental clinics are also nearby. Designed to be easy for families with children to live in, this area has a high retention rate, especially among families, and tends to have low tenant turnover.

The 28-minute walk to the nearest station implies that the area was designed with the premise of using cars and buses for daily life. In fact, bus routes are well-developed within Island City, making access to Hakata and Tenjin realistically convenient.

The price range in the mid-90 million yen offers a balance that allows for lower acquisition costs compared to downtown condominiums, while simultaneously providing the orderly living environment unique to a planned city and long-term asset value. This property exists within the process where asset value stabilizes as urban development approaches its 'completion'.

Investment Points: - Uniformity of cityscape unique to a 'planned city': Island City is an artificial island developed under the leadership of Fukuoka City, making uncontrolled development unlikely. The dignity of the town is easily maintained over the long term, contributing to the stability of the tenant demographic. - Low turnover rate in family-oriented residential areas: The concentration of child-rearing support medical and commercial facilities within walking distance, and the characteristic tendency for families who move in to reside there for a long time, leads to a reduction in vacancy risk. - Location that captures the 'growth potential' of urban development: Island City is an area where development and maintenance are still ongoing. Acquiring property in the mid-90 million yen range now, during a phase where residential demand is increasing along with infrastructure improvements, can be a stepping stone to future asset value appreciation.