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.
Renovation of Pre-owned Apartment
More and more people are buying pre-owned apartments and remodeling or renovating them to their own taste. Here, we will explain what you can do and what you need to be aware of when remodeling or renovating your apartment. 1. Only the exclusively-owned area can be renovated Condominium apartments,…
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Points to Determine If Renovation is Necessary
About older apartments, the approximate age of the apartment and each facility is a good indicator of whether renovation should be done. For your comfortable and clean home, please use the following information as a reference for making your renovation plan to determine when it is desirable to reno…
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Apartment Renovation Costs and Renovation
The cost of renovating an apartment varies depending on the scope of the construction and the details of the renovation such as the equipment. We will, here, explain the approximate cost of apartment renovation for each renovation area.We will also introduce the estimated construction costs of reno…
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Fire insurance premiums will increase in 2024!
General Insurance Rating Organization of Japan has announced that in October 2024, the premiums of fire insurance, which covers damage to buildings caused by fire, lightning, etc., will be raised by 13.0% on average nationwide. The background to the revision is that the amount of insurance payouts…
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Pre-owned Condominium in Tokyo Trends and fluctuations 2023
We have summarized here the transaction trends for the year 2023 of pre-owned condominium apartments in the Tokyo metropolitan area (Saitama, Chiba, Kanagawa) which is commutable to Tokyo including the central Tokyo area. Trends and fluctuations 2023 Number of contracts In 2023 the number of contra…
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Can Apartments be Renovated to Change the Ceiling Height?
Compared to those in Western countries, the ceiling heights of Japanese houses are said to be low. In this article, we will compare ceiling heights in Japan and Western countries and explain the advantages and disadvantages of high ceilings. What is ceiling height? It refers to the height from the…
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Condominium Unit Ownership Act to be revised in 2024 - What will change?
The increase in the number of dilapidated condominium apartments is a social problem in Japan, especially in the Tokyo area where many apartments are built, but there are various obstacles to a resolution to rebuild, such as owners whose whereabouts are unknown or who live abroad. Therefore, in ord…
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Units Used to Describe the Size of Real Estate in Japan
In Japan, there are a number of units that describe area, such as 坪 (tsubo)・平米 (Heibei)・㎡ (Square meter)・畳 (Jo)・帖 (Jo)・歩 (Bu)・畝 (Se)・反 (Tan)・町 (Cho). In this article, we will explain the units that are widely used in the real estate industry, which you may see on advertisement drawings when you ar…
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Options for Newly built Houses
If you want to live in a newly built house, you have the choice between a custom-built house that you build yourself from scratch or a ready-built house with a fixed plan and price. In addition to degrees of freedom in the design, there are major differences between custom-built and ready-built hou…
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The Process of Acquiring Land and Constructing a House
Many foreigners seeking to purchase a home in Japan prefer to build a custom home tailored to their specific needs and preferences. We'll guide you step-by-step through the process of building a custom home in Japan, from purchasing land to the final handover. Building a house in Japan is a multi-s…
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