Tokyo Real Estate News & Information
Tokyo's Property Market & Useful Tips for Property Owners
Stay informed on Tokyo land prices, redevelopment projects, taxes on Japanese real estate, real estate terms, and more. We provide useful news and information especially for foreigners (non-residents) interested in buying, selling, and owning properties in Tokyo.
Azabudai Hills – Toranomon Azabudai Redevelopment
The Azabudai Hills redevelopment project, "Azabudai Hills," which began construction on August 5, 2019, has opened. This project aims to create a compact city suitable for the international city of "Tokyo," bringing together various urban functions such as offices, residences, commercial facilities…
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Official Land Prices of Japan in 2024 – Tokyo’s prices see increase for 3rd Consecutive year both in Commercial Areas and Residential Areas
On March 26, 2024, the Ministry of Land, Infrastructure, Transport, and Tourism announced the official land prices as of January 1, 2024. The data for 2024 shows a 2.3% increase nationwide (1.6% in 2023) in the fluctuation of the average prices for all types of land zoning, and the rate of increase…
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Hotel Branded Residences in Japan – Finest Living Spaces
We will explain here about “Hotel Branded Residences”, which are the luxury residences for ultra-wealthy people and exist in many major cities and resort areas around the world, although they are not so familiar in Japan. They are the real estate properties that have changed the mindset of people a…
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Japan’s Real Estate Property Market in 2023 & Projections for 2024
The following article was written by Ziv Nakajima-Magen – Partner & Executive Manager, Asia-Pacific Nippon Tradings International (NTI) Introduction In 2023, Japan's real estate market demonstrated remarkable resilience and adaptability in the face of evolving economic landscapes, shifting soc…
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Can a foreigner purchase property in Japan?
Against the backdrop of a weakened yen, an increase in foreign tourists, and a rise in the number of foreign residents, there is a growing trend of real estate purchases in Japan by foreigners. The number of foreigners purchasing real estate such as condominiums and commercial buildings in Cen…
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2nd Roppongi Hills (Roppongi 5-chome Project) completion in 2030 – Roppongi will be an even more attractive town! -
The outline of the plan for Tokyo’s largest redevelopment, “Roppongi 5-chome West District Redevelopment”, has finally been revealed. The plan is also commonly known as “2nd Roppongi Hills”, which covers a vast area adjacent to Roppongi Hills and Roppongi Intersection. In Minato Ward, where ARK Hil…
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Japan's Real Estate Market Trends in 2023
The Ministry of Land, Infrastructure, Transport and Tourism releases "Japan Property Price Index" every month. Based on the latest version (released on December 28, 2023), we will explain the trends in 2023. "Japan Property Price Index" is calculated based on information of approximately 300,000 re…
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Loan for Home Renovation
In recent years, there has been a growing trend of people purchasing preowned properties for renovation when buying a house. In Japan, many individuals opt for housing loans when buying a house, but loans are also available for covering renovation costs. Here, we provide guidance on the process, fi…
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Lease Guarantor Companies in Japan
When renting apartments in Japan, it is common for lease agreements to mandate the involvement of a guarantor company. Many such agreements necessitate the provision of either a joint guarantor or a guarantor company at the time of contract conclusion. A joint guarantor or a guarantor company has t…
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Rent Arrears and Eviction Process in Japan
When a tenant in your rental property is behind on rent payments, it is important to note that Japanese law does not permit immediate eviction requests or changing of door locks and keys by the landlord. To address potential issues related to rent arrears, it is essential to understand the appropri…
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