128 new apartment buildings in March

According to real estate data from Mercury, there will be a total of 128 new apartment buildings on sale in the greater Tokyo area in March 2012. The buildings will contain a total of 13,680 units, which is an increase of 39% from March 2011.

Tokyo's 23 wards will see an additional 4,570 new units, Western Tokyo will see 2,066 new units and Yokohama/Kawasaki will see 1,233 new units.Read more

by Zoe Ward

Kanagawa Pref. to sell site of planned governor's residence

Kanagawa Prefectural Governor Yuji Kuroiwa announced that the planned construction of the official governor's residence has been canceled and the land will be put up for sale.

In the event of a disaster, the prefecture wanted the governor to live within walking distance to the prefectural office. However, the prefecture's worsening financial conditions have forced them to cut back on some expenditures.Read more

by Zoe Ward