Real Estate Purchase by Foreigners – Our Service was Introduced by a TV News Program

Post date: 4/15/2015

Our real estate service was introduced by a Japanese national TV news program, “Super News(スーパーニュース)” on Fuji TV, February 26th and “Tokudane (特ダネ ) ” on Fuji TV, March 11th.
The contents covered by both programs were about the recent increase of real estate purchases in Tokyo by foreigners.
 

 

Relative to a global standard, real estate properties in Japan are high quality with a solid structure. The prices are stable and there are many attractive properties to invest and manage for lease.

Since 2014 property sales in Tokyo have been on an increasing trend, and in effect we are receiving many inquiries from non-Japanese clients. 

 

 

 

The reason why real estate investment from foreign countries have increased in Japan. 

Expectation of the effects of the Tokyo Olympics which will be held in 2020
Historically, real estate properties in cities where the Olympics were held have been seen to increase. In Tokyo, various infrastructure improvements are currently under way toward the 2020 Olympics such as the enhancement and redevelopment of the central and bay areas. There is an expectation that Tokyo will be reborn into an even more attractive international city. In addition, labor expenses are also on the rise as infrastructure works are increasing, and this may also be reflected onto higher asking prices of properties. 

 

Effect of Weak yen

Since last year the weaker yen has been making the property in Japan undervalued in the view of overseas investors when it is converted into their home currency, making investors think it is a good time to buy now. Also, buying at the perceived bottom price gives an expectation for an upcoming rising trend, and is good for leasing out their properties for a higher rental income.

It is prominently visible that the weak yen is encouraging not only an increase in the real estate sales by foreigners but also an increase of foreign travelers and the amount of shopping they do in Japan.

 

Real estate prices in Tokyo in comparison to other major world cities

The real estate price in Tokyo is less expensive than that in other major cities such as London, New York, Hong Kong, Singapore, and Beijing.

The price and yields are both stable in Tokyo, and investors and investment funds of many countries worldwide are paying attention to real estate investment in Tokyo because a stable yield may be possible with a relatively lower investment.

 


Recent prominent trends are an increase of Asian investors. Especially the purchase of condominiums in Tokyo by Chinese independent investors has increased and continue to do so.

In terms of their evaluation, the real estate price in Tokyo is less expensive than that in the big cities in China such as Beijing and Shanghai. Chinese speaking real estate agencies which were not seen before have also increased recently.

The range of property aimed for investment varies greatly from older studio types to the luxurious brand new high-rise condominiums.

 

We at PLAZA HOMES showcase Japanese real estate properties in English and have a lot of inquiries from European and American customers. 

 
 

In the TV news program coverage, our sales staff Mr. Kubo and Ms. Matsuzawa guided a German and French customer to viewings of luxurious condominiums in Hiroo and Azabu area.

These areas have been one of the most popular residential areas attracting European and American expats of international companies for a long time, because there are many supermarkets available with English, international schools, embassies and other facilities related to an international community. Therefore the demand for lease residences for families of international corporations is high, and a stable yield can be expected in this area indefinitely.

In our leasing section, there is also an increasing trend for lease mediating services for condominiums and single-family homes which were purchased by non-Japanese owners.


We at PLAZA HOMES provide all services including buying and selling intermediation, property management, seeking tenants, lease management, and so on in English.


About our real estate services, please feel free to contact our buying and selling section at 03-3588-0131.

Exterior of Canyon Grande Yoyogikoen
Sale Property tag

JPY 149,800,000

Exterior of Grand Hills Ebisu
Sale Property tag

Grand Hills Ebisu is a large-scale tower condominium with a total of 310 units, 23 floors above ground and 2 floors below ground, completed in March 2019. Many trees around the condominium add seasonal color and create a pleasant atmosphere. The building has a 24-hour manned management system, a 24-hour security system, a triple security system of auto-locks linked to intercoms with color monitors and security cameras, and a reliable security system. The common corridor is a hotel-like interior corridor, and concierge service supports comfortable living. A party room and an owner's suite for guests are also available, creating a high quality common space. The nearest station to Grand Hills Ebisu is Ebisu Station on the JR Yamanote and Saikyo lines, a 7-minute walk away. Ebisu Station on the Tokyo Metro Hibiya Line is a 9-minute walk away.

JPY 259,800,000 - 295,000,000

Exterior of BRANZ Shibuya Sakuragaoka
Sale Property tag

JPY 428,000,000 - 1,150,000,000

Exterior of Sebon Grandir Kakinokizaka
Sale Property tag

JPY 119,800,000

Exterior of Lupinus Azabu City Form
Sale Property tag

JPY 82,990,000

Exterior of World City Towers Aqua Tower
Sale Property tag

World City Towers is a 42-storey high-rise tower condominium completed in October 2006. It consists of three towers, Aqua Tower, Capital Tower and Breeze Tower, with a total of 2,090 units (Aqua Tower: 1038 units, Capital Tower: 593 units, Breeze Tower: 459 units). The building is designed to provide peace of mind with seismic isolation and earthquake-resistant construction, and concierge services are provided with 24/7 resident management. It is a 4-minute walk from Tennozu Isle Station on the Tokyo Monorail Haneda Line, and a shuttle bus (for residents only) runs to JR Shinagawa Station for convenient living. The Aqua Tower has an aqua site pool, Jacuzzi, kids pool, training gym, fitness studio and super relaxation centre on the 2nd and 3rd floors of the Aqua Tower, while the Sky Lounge and Sky Library on the 26th and 27th floors of the Aqua Tower are fully equipped with common facilities. There are also guest rooms, home delivery boxes, 24-hour waste disposal and a 24-hour supermarket on site for daily shopping.

JPY 189,900,000 - 204,900,000