City Towers Toyosu to crack down on illegal home sharing

The owners association of City Towers Toyosu The Twin – a 48-storey, 1,063-unit condominium located on a man-made island in Tokyo Bay – entered into an agreement with a local provider to weed out any AirBnb-type rentals in the building.

This is the first of this type of agreement for a high-rise apartment building. The company providing the service is Tokyo-based Oscar Inc. The company operates the Minpaku Police website which allows neighbors to report suspected illegal short-term rentals. The majority of reports made to the website are regarding security and noise concerns.

Yokohama may ban short-term letting on weekdays

Yokohama City is following in Shinjuku’s footsteps by proposing to introduce a ban on short-term Airbnb-style letting on weekdays. The plan would prohibit minpaku rentals from Mondays through Thursdays in areas zoned as Exclusively Low-Rise Residential. The plan will be open to public comment until December 19, with the draft to be submitted to the city council in February 2018.

Approximately 31% of Yokohama City’s area is designated as an Exclusively Low-Rise Residential Zone. The reasoning for the week-day ban is to ensure a peaceful environment for those who work during the week and do not want their neighborhood interrupted by travelers while trying to rest on weeknights.

Kyoto City might limit some Airbnb-type rentals to just January and February months

Kyoto City has started official discussions that may see Airbnb-type short-term rentals in certain residential zones limited to just the January and February months and for no more than 60 nights in total.

Hosts looking to rent out places in primarily residential neighbourhoods in central Kyoto, including areas around Kinkaku-ji temple and Nanzen-ji temple, may find themselves limited to the off-season winter months. Under the proposal, properties located in exclusive residential zones (Category I and II Exclusively Low-Rise Residential Zones, and Category I and II Mid/High-Rise Oriented Residential Zones) may only be rented to tourists for the months of January and February, with a maximum limit of 60 nights over those two months. There may be some relaxation of the rules for hosts who live in the properties or live nearby.

Shinjuku plans to ban short-term accommodation on weekdays

Tokyo’s Shinjuku district is finalizing plans that will impose stricter limitations on short-term accommodation in some residential zones. The city is currently in the process of seeking public comments that will help shape the final regulations.

Under the proposal, properties located in exclusive residential zones cannot be let out to guests from Monday through Thursday, limiting the maximum allowable nights per year to 156, below the national government’s proposed limit of 180 nights per year.

What are exclusive residential zones?

Short-term accommodation hosts to be hit with 180 day limit

The Japanese government is currently in the process of introducing a new law to govern the rapidly growing market of short-term letting of individual homes and apartments, and will be imposing strict rules on hosts. The maximum number of days that a property can be let out is expected to be capped at 180 days a year, while maximum fines will be lifted from 30,000 Yen to 1,000,000 Yen for hosts found to be violating the new law.

Accommodation listing sites may be obligated to impose checks on hosts and remove listings once a property has reached the 180 day limit. Local governments will also have the power to reduce the annual limit even further, even to 0 days a year.

Taiwan company buys building in Ota-ku for short-term accommodation

Tokyo-based real estate developer, Best Way, has sold one of their apartment buildings in Ota-ku to Taiwanese corporation Wellglory.

The building is currently under construction and due for completion in January 2017. The property was sold in anticipation of a potential further relaxation the the short-term leasing rules in Japan.

Earlier this year Best Way announced that they were building a 5-storey apartment building in Ota-ku that was specifically designed for short-term rentals. The building will contain 17 studio-type apartments. Units will feature connecting doors that allow flexibility and to cater to changing needs from occupants. It will also have additional security features as well sound-proofing and a coin laundry for guests to use.