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.
Guide to Japanese apartment layout terms
When renting a property in Japan, floor plans often use English or English abbreviations in their descriptions due to limited space, so you may not know what these would mean. We here, would like to explain the meaning of descriptions in floor plans as well as the difference between Japan and Euro-…
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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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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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Rent Arrears and Eviction Process in Japan
When a tenant in your rental property is behind on rent payments, it is important to note that Japanese law does not permit immediate eviction requests or changing of door locks and keys by the landlord. To address potential issues related to rent arrears, it is essential to understand the appropri…
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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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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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Official Land Prices of Japan in 2024 – Tokyo’s prices see increase for 3rd Consecutive year both in Commercial Areas and Residential Areas
On March 26, 2024, the Ministry of Land, Infrastructure, Transport, and Tourism announced the official land prices as of January 1, 2024. The data for 2024 shows a 2.3% increase nationwide (1.6% in 2023) in the fluctuation of the average prices for all types of land zoning, and the rate of increase…
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Market rent in Tokyo’s 23 wards by Types of Floor plans
We have summarized here the market rent of rental apartments and houses in Tokyo’s 23 wards as of March 1, 2023. Tokyo is known as the area with the most expensive market rent in Japan, but not all the 23 wards have higher market rents than those in the areas outside of Tokyo, and there are conside…
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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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