The top stations in Tokyo with the best resale values

Tokyo Kantei has released their ranking of the top train stations across greater Tokyo that have provided the highest increase in the resale value of apartments in 2018.

203 total views, 6 views today

Tokyo Apartment Sales in July 2019

The Parkhouse Gran Minami Aoyama 4-Chome

The following is a selection of apartments that were reported to have sold in central Tokyo during the month of July 2019:

125 total views, 3 views today

Kyoto hotel guests reach record high in 2018

US-based Travel + Leisure magazine has ranked Kyoto as one of the top 10 World’s Best Cities for the past seven years, so it is no wonder that in 2018 the number of hotel guests in Kyoto reached the highest number in history. The historic city welcomed 15.82 million hotel guests, up 1.6% from 2017 and the second year in a row to exceed 15 million. 

71 total views, 3 views today

Moxy Hotel to open near Nijo Castle

Marriott International is planning a Moxy Hotel for the Nijo Castle area in Kyoto City. Construction began in July, with the opening scheduled for 2021. This will be the third Moxy hotel in Japan and the first in Kyoto.

80 total views, 3 views today

Tokyo Govt. may get a percentage of Harumi Flag sales

The developers of the 2020 Olympic Village / Harumi Flag project on Tokyo Bay have agreed to pay a portion of sales revenue to the Tokyo Metropolitan Government.

83 total views, 3 views today

Small hotels for sale in Tokyo

For investors looking to dip their toes into the hotel pool, there are several hotels and hostels currently for sale in Tokyo. These range from small 2-storey wooden houses that have been converted into minpaku-style accommodation, 10 ~ 15 room hostels, right up to more contemporary hotels featuring exposed concrete, high ceilings and trendy lounges and guest rooms.  The properties tend to be centered in popular tourist districts, including Asakusa and other areas around eastern Tokyo. Prices currently range from 100 million ~ 1.2 billion Yen and up (approx. 925,000 ~ 11 million USD), while net yields run anywhere from 4% ~ 9% depending on the property. 

61 total views, 3 views today

Beachfront villas on Amami Island open this month

A new boutique-style beachfront resort on Amami Island officially opened on July 10. DenPaku The Beachfront MIJORA is a collection of 13 contemporary oceanfront villas. They were designed by Yasuhiro Yamashita of Atelier TEKUTO.

58 total views, 6 views today

Harumi Flag goes on sale today

Sales in the Harumi Flag Athlete’s Village start today, with applications closing on August 4. The first round of sales will see over 600 apartments on offer.

58 total views, 3 views today

New apartment supply in Tokyo drops to lowest level since 1992

The supply of new condo-type apartments across greater Tokyo in the first half of 2019 has reached the lowest level seen since 1992. As land prices and construction costs continue to remain at high levels, developers have been putting the brakes on residential supply as buyers shift their attention away from expensive new construction. Last-minute demand prior to the increase in consumption tax from October did not materialize as anticipated. 

New apartment prices, meanwhile, have reached the highest level since 1991.

38 total views, 3 views today

Flat 35 Home Loan Report for 2018

On July 12, the Japan Housing Finance Agency released its annual report on Flat 35 home loans. The report gives us a look at what type of homes people are buying and how much they are spending on them. Let’s take a look at some of the interesting changes in borrowing that have taken place over the past 10 years.

91 total views, 9 views today