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.
Luxury Apartments in Tokyo – International Comparison of the Sales Prices and the Rents
Is real estate in Tokyo more expensive or less expensive than that in the world’s major cities? (Version of Apartment) We would like to explain the reason why real estate in Tokyo is highly evaluated and to show the data comparing the sales prices and rents of luxury apartments in central Tokyo wit…
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Official Average Roadside Land Prices of Tokyo 2023 - Zero decline for the first time in 3 years
On July 3rd, the National Tax Agency released its average roadside land prices for 2023 (calculated as of January 1st). The national average for the average roadside land price has increased by 1.5% and resulted in an increase for the 2nd consecutive year. Due to the return of people and the recov…
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Maximum Borrowing Amount for a Housing Loan in Japan
When you consider using a housing loan to purchase real estate in Japan, it is important for you to first understand how much you can borrow from a bank. If you know the approximate amount you can borrow, you may get to know the amount that you need as your own funds, the budget of the real estate…
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Tokyo’s Apartments with Life Continuity Performance - Tokyo Metropolitan Government’s subsidy for purchase of emergency stockpiles and equipment
For promotion of home evacuation, Tokyo Metropolitan Government has started to register the apartments which are prepared for disasters and to announce the list of such apartments as “Tokyo’s apartments to stay during a disaster (Apartments with Life Continuity Performance)”. For the management ass…
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Low Interest rates of Housing Loans in Japan – Points for choosing a Housing Loan
Because loan interest rates in Japan have remained low in recent years, most of the people who buy their own homes use a housing loan to do so. In this article, we would like to explain interest rates of housing loans, types of interest rate and their characteristics, and repayment methods as the p…
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Restoration and cleaning fee when moving out of rental housing in Japan
How much of the deposit will be refunded when vacating a rental apartment? The Lease contracts used when renting housing have a clause defining the restoration requirements for a property when moving out. Most contracts will state that “the lessee shall restore the leased property to it's original…
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Official Land Prices of Japan in 2023 – Tokyo’s prices see increase for 2nd Consecutive year both in Commercial Areas and Residential Areas
On March 22, 2023, the Ministry of Land, Infrastructure, Transport, and Tourism announced the official land prices as of January 1, 2023. The data for 2023 shows a 1.6% increase nationwide (0.6% in 2022) in the fluctuation of the average prices for all types of land zoning, and the rate of increase…
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Pre-owned condominium apartments in the Tokyo Metropolitan Area – Trends and fluctuations in transaction prices in 2022
We have summarized here the transaction trends for the year 2022 of pre-owned condominium apartments in the Tokyo metropolitan area (Tokyo, Saitama, Chiba, Kanagawa) which is commutable to central Tokyo and the suburbs. The transaction prices are in an upward trend year by year, mainly due to low i…
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Tax on Employee’s Company Housing – How is the tax calculated if the company pays the rent?
When a company pays the rent for an employee, tax payment differs depending on how the company pays the rent and what type of residence the employee lives in. We will explain in detail the types of housing allowances, company housing, and tax amount imposed on each of them. How a Company Pays the R…
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Tax on Executive’s Company housing - For luxury company housing over 240 square meters
Employer-assisted company housing program in Japan is divided into the one for the employees and the other for the executives. We here explain about taxes on executive’s company housing. What is executive’s company housing? Executive’s company housing is a program in which an employer leases a rent…
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