Buying a house that cannot be rebuilt
Due to land and construction laws in Japan, there are some houses that legally cannot be rebuilt. This is an important point to watch out for when you are looking to buy a home and land.
These types of properties are called "sai-kenchiku fuka" which means reconstruction is not allowed. In many cases this is because the particular block of land does not have sufficient street frontage.Read more
Secondhand apartment sales down in November
The latest data from REINS has shown that sale contracts on secondhand apartments in the greater Tokyo area for November fell 3.9% from the year before to 2497 units. In Saitama Prefecture, the number of sales fell 0.9% to 342 units, and in Chiba Prefecture sales fell 15% to 300 units.Read more