Are you planning to buy real-estate in Japan and wondering about how to finance the purchase?

This house for sale with a land size of 254.64m2 and huge garden is in Ikedayama. Ikedayama is historically one of Tokyo’s premier residential areas favored by wealthy Japanese.

A series of articles about the current and future city development of Tokyo. The first article is about Tokyo Sky Tree and the Sumida-ku area. 

East Japan Real-Estate Information Network System reported that the monthly number of real-estate transactions in Tokyo in October exceeded the same month last year for the first time since the  earthquake in March. In October there were 2,670 secondary apartments transactions, … Continue reading →

Land prices in central Tokyo are now at levels last seen in the mid-eighties.

The weak commercial real estate market presents opportunities for significant savings. Below are 3 recommendations for companies to take advantage of the current market conditions.

While the consequences of earthquake of March 11th have caused some uncertainty and hesitation in the business community, we are finding that the real estate market in Tokyo has shown no sign of slowing down

Land prices have been in continuous decline for the past 19 years, and residential values are 35% of their peak during the bubble, but there are indicators that the market is bottoming out

Tokio Marine Property Investment Management is planning to create a real estate fund and invest in 50 billion (USD588 million) Yen in residential apartments.  The company president, Takashi Uematsu, believes that land prices in Tokyo are bottoming out

Insiders are saying that now is the time to invest as property prices in Japan are poised to climb, with Blackstone planning a large asset purchase with a face value of 100 billion yen ($1.16 billion). Acquisitions by JREITs have … Continue reading →

Ever wondered if you could get a loan to buy your own home in Japan? Been rejected by a bank for finance and wondering why? Don’t give up on the dream of buying your own home or apartment in Tokyo. … Continue reading →

Source: Nikkei Shimbun, June 28 2010 According to real estate information service, Tokyo Kantei, the average price of a 70sqm apartment in the Tokyo metropolitan area increased by 0.7% from April to 29.45 million Yen, making this the second month … Continue reading →

Do I have to pay any yearly taxes on my property? If you own a house or apartment in Japan as of January 1st of any given year, you are required to pay annual fixed asset and city taxes on … Continue reading →

Translated from Yahoo! Japan News, April 13, 2010 The Real Estate Economic Institute announced today that the number of apartments released for sale in 2009 fell by 6% compared to the previous year to 37,765 apartments. This is the fourth consecutive … Continue reading →

New apartment complex sold-out within first week Current boom only in Central Tokyo Contract ratio of 70% Demand moving to second-hand properties

No surprises here, but land prices are down down down.

Japan has its own version of the sub-prime crisis on the way.

Nomura Real-estate just released the results of a survey of real-estate investors which gives some interesting insight into Japanese investors.

Some fresh money is sniffing at Japan. .  .

There are now some significant tax incentives for residents to buy or build your own home in Japan. 

Jasper Koll has an article in the wall street journal today that does a nice job of summarizing the economic issues facing Japan.

It’s not really news that this market has fleas but is there a smell of  ”green shoots” in this story?  

At Housing Japan we have seen strong interest recently from clients looking to buy residential real-estate in Tokyo.