Akita Prefecture to have its first condominium project in 6 years

Akita
The development site.

Next year, Akita Prefecture will see the completion of its first condominium development since 2010. Akita is the only prefecture in Japan to have had no new condominium developments in the past six years.

Demand for housing is low for the prefecture, which is suffering from the fastest population decline in the country. A shrinking population and growing construction costs make the area unattractive to developers.Read more