Studio apartment sale listings reach all-time high
The number of secondhand 'one-room' or studio apartments listed for sale in greater Tokyo has reached an all-time high. According to Tokyo Kantei, as many as 70,000 units were listed in 2012, an increase of almost 10% from 2011.
Many of the studios were built during the bubble period from the late 1980s to 1990 and are hitting the market as investors show a trend towards reducing their asset holding time.Read more