Shinjuku Building 1
[Left] The foreclosed land. [Right] The former Shinjuku Building (now demolished) that stood on the site.
Located in a prime commercial zone near the south exit of Shinjuku Station is a notorious block of vacant land that has been at the centre of a well-known scandal.

Due to the messy history behind this land, most people had given up on the thought of ever seeing this site redeveloped. However, the land is being put up for public auction on February 17, 2015, by the Tokyo Tax Office with a minimum bid set at 2.19 billion Yen (18.5 million USD).

The Shinjuku Building Incident

The site was once home to the Shinjuku Building - a 12-storey multi-tenant building built in 1983 and demolished in early 2011.


This content is available to paid subscribers only.

Sharing information on Japan’s real estate market has been a long passion dating back 14 years. However, gathering and preparing this content takes hours and hours each week. By joining our monthly subscription service, you can access over 3,200 articles dating back 14 years. Best of all, you’ll be supporting us in our endeavor to continue to provide investors with on-the-ground, expert information.

To join our paid subscription service and access over 3,200 news articles on Japan's real estate market, please register here.

Already a paid member? Log-in using your details below.