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.
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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English-speaking Architecture Firms / Architects in Japan
We have many requests from foreign customers who want to buy lands and build houses on them, rebuild old houses, renovate preowned condominiums in Japan. We find, however, that many foreigners are worried about communication in Japanese and are not able to convey the desired image and design well. …
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Registration will be mandatory when inheriting real estate in Japan!
From 1 April 2024, application for inheritance registration will be mandated, and penalties will be imposed for failure to do so. This act will apply to all persons who inherit real estate in Japan, including Japanese nationals and foreigners residing outside of Japan. In the past, many people did…
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What is Group Credit Life Insurance (Danshin)？ - Insurance attached to a Housing Loan
When taking out a housing loan, you are required to join “Group credit life insurance” as one of the conditions of the loan. Group credit life insurance is a life insurance policy specifically for housing loans that reduces the loan debt to zero in the event that a housing loan borrower dies or bec…
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Agent commission for real estate transactions in Japan
In Japan, agent commissions are often paid in real property transactions, but many people may wonder why should they be paid? So, we will explain here what the agent commissions are and how the amounts are determined, etc., for the case of buying, selling, and leasing. What is an agent commission?…
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Joint mortgages for married couples
In Japan, the number of households with dual-income couples is increasing, and more and more housing loans are being taken out by married couples. Rather than applying by one spouse alone, combining the income of both spouses can increase the borrowing amount, and depending on how the loan is struc…
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