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.
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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6 Different Land Prices - Real Estate Pricing in Japan
What are the differences among Official Land Price, Standard Land Price, Roadside Land Price, and Assessed value of fixed assets? Various prices that indicate the fluctuations in land prices are seasonally released in TV news programs and other media, by the name of Official Land Price, Roadside La…
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Webinar Announcement: Renting Homes in Japan - Part 2
On January 31 (Tuesday), 2023 at 6:00 PM, Kazuhiro Otsubo of PLAZA HOMES, Ltd. will give a talk on "Renting Homes in Japan" at an online seminar hosted by Real Estate Japan. Content of the Lecture ・Is there any difference between Japanese and American apartment layout terms? ・What is the difference…
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Japan's Real Estate Market Trends in 2022
Every month, the "Japan Property Price Index" is published by the Ministry of Land, Infrastructure, Transport, and Tourism. We will explain the trends in 2022 based on the most recent version (which was published on November 30, 2022). "Japan Property Price Index" is calculated based on information…
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