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.

Funds Remittance for a Real Estate Purchase (From Overseas to Japan)

A non-resident customer buying a real estate property in Japan is likely to not have a bank account in Japan and may need to remit the necessary funds for a purchase to Japan. Where to remit funds from when overseas: We here at PLAZA HOMES would like to introduce our trust account in the name of PL…

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Withholding tax of the real estate sales by Non-resident

TAX imposed when a foreigner (non-resident) sells the real estate property in Japan. When a real estate property in Japan owned by a non-resident or a foreign corporation is sold, to prevent omission of report on income tax, the person who purchases and pays for the property has to pay the equivalen…

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Standard Land Price in 2017 for Tokyo

The Standard Land Price for Tokyo has been consecutively increasing these past 5 years. In 2017 redevelopment projects and office building construction have been active, and inflation is increasing in commercial areas. On September 19th, the Ministry of Land, Infrastructure, Transport, and Tourism…

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Redevelopment plans in Tokyo

Tokyo is currently experiencing a time of intensifying global intercity competition. The centers of big cities around the world such as London, Paris, and New York, are going to change greatly and be reborn through the effort various redevelopment plans. Various redevelopment projects are in progres…

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Japan Earthquake Insurance Guide: A Simple Q&A

There is no question that Japan has frequent earthquakes, yet it actually took many years of discussion and study before an earthquake insurance system was implemented. In fact, it wasn’t until the Niigata Earthquake of 1964 when the government and the non-life insurance sector researched and wrote…

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Official Average Roadside Land Prices of Tokyo 2017

On July 3rd the National Tax Agency released the average roadside land price in 2017 (as of January 1st). The national average price has risen 0.4% from the last year, which is 2 years consecutive rise and 0.2% increase of price rise rate. It shows the price has risen in 13 Prefectures including Tok…

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Real estate pricing in Japan - 6 different land prices

The price of land in Japan can be broken into 6 different types depending on the purpose for the land evaluation and the type of research being conducted. There are different types of pricing because the price of land is decided by taking multiple factors into account such as land condition, purpos…

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Ranking of Real Estate Companies

We, PLAZA HOMES, have had an evaluation of 2nd place of the month of March, 2017 in the buying and selling section of the monthly ranking for real estate companies with service for foreigners; it is based on the evaluation by foreign users of Japan’s one of the largest real estate portal site for fo…

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Land Use Zones under the City Planning Law in Japan

Land Use Zones (用途地域) are areas that are regulated under the City Planning Law (都市計画法) and designates the possible usage of land and properties in that area. This system is to realize an effective placement of buildings in accord with each area environment, avoiding mixed and disorderly land usage s…

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Floor-Area Ratio (FAR) and Building Coverage Ratio (BCR) in Japan

Land Use Zones restricts the use of buildings in each categorized zone; it also controls volume and height of buildings by Floor-Area Ratio (FAR) and Building Coverage Ratio (BCR) in each zone.What size and height of the building you can build depends on FAR and BCR of the land property and this als…

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