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.
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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Guide to Traditional and Modern Japanese Architecture
Tokyo Architecture Offers a Rich, Visual Guide of Japan’s Past and Present Japan has a lot to offer to those with an interest in architecture. Architectural styles in Japan have evolved over the centuries, heavily influenced by geography, climate, the raw materials available, and even the course of…
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I want to give up inherited land! - About the System of Vesting of Inherited Land in the National Treasury
The System of vesting of inherited land in the national treasury is a system that allows you to request the government to take over the land in Japan that you do not want to inherit, due to reasons such as not planning to use it yourself, difficulty in renting or selling, or saving time and cost in…
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If the registered owner of the real estate in Japan resides overseas, it will be necessary to register a contact person in Japan.
If a person who owns real estate in Japan, such as a foreigner or overseas resident, does not have an address in Japan, it will be necessary to declare and register the name or designation and the address of the contact person in Japan. Purpose of the revision of the law Real estate investment by J…
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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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Hotel Branded Residences in Japan – Finest Living Spaces
We will explain here about “Hotel Branded Residences”, which are the luxury residences for ultra-wealthy people and exist in many major cities and resort areas around the world, although they are not so familiar in Japan. They are the real estate properties that have changed the mindset of people a…
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Japan’s Real Estate Property Market in 2023 & Projections for 2024
The following article was written by Ziv Nakajima-Magen – Partner & Executive Manager, Asia-Pacific Nippon Tradings International (NTI) Introduction In 2023, Japan's real estate market demonstrated remarkable resilience and adaptability in the face of evolving economic landscapes, shifting soc…
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2nd Roppongi Hills (Roppongi 5-chome Project) completion in 2030 – Roppongi will be an even more attractive town! -
The outline of the plan for Tokyo’s largest redevelopment, “Roppongi 5-chome West District Redevelopment”, has finally been revealed. The plan is also commonly known as “2nd Roppongi Hills”, which covers a vast area adjacent to Roppongi Hills and Roppongi Intersection. In Minato Ward, where ARK Hil…
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Japan's Real Estate Market Trends in 2023
The Ministry of Land, Infrastructure, Transport and Tourism releases "Japan Property Price Index" every month. Based on the latest version (released on December 28, 2023), we will explain the trends in 2023. "Japan Property Price Index" is calculated based on information of approximately 300,000 re…
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Loan for Home Renovation
In recent years, there has been a growing trend of people purchasing preowned properties for renovation when buying a house. In Japan, many individuals opt for housing loans when buying a house, but loans are also available for covering renovation costs. Here, we provide guidance on the process, fi…
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