For Sale: Brand-new beach house in Hayama

For Sale: Brand-new beach house in Hayam...

HAYAMA BEACH HOUSE ¥98,000,000 (approx. 875,000 USD) Nestled in a quiet street and just a 15 minute stroll to the beach, this newly constructed riverside home offers a calm retreat from urban life. A long landscaped approach tiled with Oya-stone pavers sourced from old homes leads up to the house. The path winds its way…

New apartment supply in Tokyo down 25% i...

According to the Real Estate Economic Institute, a total of 2,284 brand new apartments were released for sale across greater Tokyo in June, down 12.3% from the previous month and down 25.1% from last year. 1,534 apartments were sold, resulting in a contract ratio of 67.2%, down 5.0 points from the previous month and down…

Same-day sellout in Brillia Tower Yoyogi-Koen Classy

Same-day sellout in Brillia Tower Yoyogi...

All apartments offered in the first round of sales in a new high-rise just west of Yoyogi Park have sold out on the first day. A total of 116 apartments were offered for sale in late May, and a further 15 were offered on June 11. A total of 210 applications were made on the…

Kyoto’s most expensive rental apartments to open in 2018

Kyoto’s most expensive rental apartments...

Kyoto’s most expensive rental apartment building is scheduled open in May 2018. The 5-storey La Tour Kyoto Higashiyama residence is being developed by Sumitomo Realty in the Higashiyama ward. It will be part of Sumitomo’s ‘La Tour’ brand of high-end rental apartments. The developer currently operates 20 La Tour buildings in central Tokyo, but this…

12 Exclusive residences planned for Toranomon high-rise

12 Exclusive residences planned for Tora...

A limited number of high-end penthouse condominiums are planned for the Tokyo World Gate development in central Tokyo’s Toranomon district. The 12 luxuriously appointed residences will range in size from 150 ~ 400 sqm (1,614 ~ 4,304 sq ft). One of the residences will be a duplex-style apartment with ceiling heights of up to 6…

Tokyo apartment sale prices increase for 57th month

Tokyo apartment sale prices increase for...

According to REINS, 3,333 second-hand apartments were sold across greater Tokyo in June, up 11.7% from the previous month and up 8.6% from last year. The average sale price was 31,620,000 Yen, down 0.3% from the previous month but up 4.8% from last year. The average price per square meter was 496,100 Yen, up 0.2%…

Kyoto’s tourism boom creates office shor...

With office vacancy rates in the 2% range, commercial tenants in Kyoto are reporting difficulty in finding new office space as the city’s supply of office buildings dwindles. This year, parts of Higashiyama, Nakagyo and Shimogyo saw rosenka land values increase by over 20%. Rising land values are being supported by the city’s booming tourist…

Kobe Maya Hotel seeking national heritage listing

Kobe Maya Hotel seeking national heritag...

A non-profit organisation is seeking donations to help preserve the 88-year old Maya Hotel and prepare it for a potential national heritage listing. The art deco hotel was built in 1929 on the hills overlooking Kobe City. It has been closed since 1993 and has been left to rot and fall into ruin. In 2016,…

23-storey apartment tower planned for Roppongi Itchome

23-storey apartment tower planned for Ro...

Real estate developer Mori Trust is planning a 23-storey, 80-meter tall apartment building for a site in Roppongi. Completion is scheduled for late May 2019. The Roppongi Itchome Project is located on the same block as Ark Hills Sengokuyama Mori Tower and across the street from Park Court Roppongi Hilltop. The site was previously a training…

Sales start in 50-storey high-rise in Osaka

Sales start in 50-storey high-rise in Os...

Off-the-plan sales in the 50-storey Branz Tower Umeda North condominium began over the weekend, with the most expensive unit in the building – a 145 square meter three-bedroom penthouse – priced at 270 million Yen (approx. 2.37 million USD). A total of 218 apartments were offered for sale in the first round, representing a third…

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