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.

Japanese Real Estate 2017-2018 Summary, Predictions

This is article was provided by Mr. Ziv Nakajima-Magen, a partner and executive manager at Nippon Tradings International. It’s that time of year again – as 2018 kicks into gear, all major real-estate industry players have published their annual 2017 statistics, summaries and, perhaps most importantl…

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Reconstruction of Japanese old apartment building - Reason of rebuilding, planning and resolution

Apartment buildings started being built in large numbers all across Japan in the late 1960’s and most the ones still standing have not undergone any reconstruction. While there are various opinions and data regarding the life span of a Japanese apartment building, we know for a fact that many of hav…

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Long-term repair plan for Japanese Apartment (Large-scale repair & Reserve fund for repairs)

Proper maintenance is crucial for maintaining the safety, comfort, and value of an apartment building. Conducting appropriate renovations with consideration to the age and deterioration of a building in a timely manner makes a great difference in the ability of an apartment building to maintain its…

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Tips for buying an old apartment in Japan

According to a survey taken by the Ministry of Land, Infrastructure and Transport, the total number of apartment buildings (as of 2012) in Japan is approximately 5,900,000. It is estimated that the number buildings over 40 years old will be around 730,000 in 2018. Second-hand apartments account for…

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Reconstruction of an old apartment building – Rebuilt examples and problems

According to information from the Ministry of Land, Infrastructure and Transport, it is estimated that the number of apartments over 40 years old throughout Japan will be as many as 730,000 in 2018. As of 2013, there are only 183 cases in all of Japan of apartments being rebuilt. Due to the high num…

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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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