Archive For The “Renovations” Category

Nara prison hotel to open in 2020

Nara prison hotel to open in 2020

The 109-year old former Nara Juvenile Prison in Nara City will be converted into a hotel by 2020. On May 26, Japan’s Ministry of Justice announced that a group of 8 companies, led by Solare Hotels and Resorts, was the successful bidder for the project.  A total of 3 groups submitted bids back in January. The…

Homat Woodville converted to condominium

Homat Woodville converted to condominium

The former Homat Woodville apartment building, now called Woodville Azabu, in Nishiazabu has been converted into a condominium with apartments to be sold off individually as tenants move out. Sales started in February 2017 with three apartments offered for sale. All three were immediately sold, including a 185 sqm (1,991 sq ft) apartment priced at…

For Sale: 2-Bed apartment with designer renovation in Ichibancho

For Sale: 2-Bed apartment with designer renovation in Ichibancho

We have details on an early listing for a two-bedroom apartment with a stylish designer renovation in Ichibancho, Chiyoda-ku. The apartment will go on the open market later in the week. Price: 240,000,000 Yen (approx. 2.22 million USD)   The 114.95 square meter (1,237 sq.ft) corner apartment was given a tasteful and refined makeover by…

Relocating a traditional Japanese house

Relocating a traditional Japanese house

Finding land with a traditional Japanese building for sale in the right location can be close to impossible regardless of budget. But, there are a number of these old traditional kominka available for purchase and removal across the country. If you find the right piece of land you may be able to relocate an old house…

NTT flips condominium building in Azabujuban

NTT flips condominium building in Azabujuban

NTT Urban Development and renovation company Rebita have converted a 27-year old former expat rental apartment building in Azabujuban into condominium units for individual sale. The building, now called IKSIKS Azabujuban, is a 6-storey building completed in 1989. It was originally called Sun Palace Minamiazabu, and apartments were renting for around 3,300 ~ 3,500 Yen/sqm…

50-year old house renovation in Setagaya

50-year old house renovation in Setagaya

From a typical buyer’s perspective in Japan, ongoing improvements in earthquake-resistant construction methods, insulation and new bathrooms and kitchens means that newer homes ultimately win out over older houses. However, there has been a growing trend of renovating older homes. These renovations are proving popular with Japanese buyers who may have once only considered new construction….

Top house flippers in Japan’s real estate market

Top house flippers in Japan’s real estate market

The Remodelling Business Journal published a ranking of the top property flipping real estate companies in Japan. These companies specialise in buying up second-hand homes and apartments, renovating them, and then reselling them to individual buyers. In top spot was Gunma Prefecture-based Katitas Co., Ltd, with 3,034 re-sales over the past 12 months. Apartments only…

Retro buildings popular with retail tenants

Retro buildings popular with retail tenants

Although many retailers prefer newer construction, there are some stores in Japan that specifically look for the older, character-filled properties to complement their brand. Sterile retail space is being eschewed for pre-war or 1960s vintage buildings and homes that can be converted and renovated into trendy, one-of-a-kind spaces. Cafe Conana, Jiyugaoka In April 2015, Cafe…

Chiyoda ofice building converted to serviced apartments and office suites

Chiyoda ofice building converted to serviced apartments and office suites

NTT Urban Development have converted a 22-year old office building in Chiyoda-ku into a mixed-use serviced apartment, share office and serviced office space. ‘Hive Tokyo’ (formerly Pacific Square Kudan Minami) is targeted towards both Japanese and foreign clients. The 10-storey building is located across the street from the Yasukuni Shrine and a 6 minute walk…

New life for old homes in Onomichi

New life for old homes in Onomichi

On the hillside leading up to Senko-ji Temple in Onomichi City, Hiroshima, sits an old wooden house built between 1921 ~ 1923. Despite being registered as a national tangible cultural property in 2013, the historic home had been left empty to rot on the hillside for decades. Luckily, a local non-profit organisation have stepped in to restore the…

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