Nationwide land values increase for 2nd year in a row
March 24, 2023Hokkaido Real Estate Market,Niseko Real Estate News,Japan land values,japan real estate market,Hokkaido Real Estate News,Tokyo Real Estate News,Koji-Chika Land Values,Niseko Real Estate Market,Tokyo real estate market,Tokyo land values,Japan Real Estate NewsTokyo,Land,All,Hokkaido,Market Information,Real Estate News
The nationwide Assessed Land Values (koji-chika), as issued by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) saw a year-on-year increase in 2023. This is the second year in a row to see an increase. The growth is apparent not only in urban centers, but is also spreading to regional areas as the country emerges from the pandemic.Read more
Tokyo apartment rents hit record high in February
March 23, 2023japan real estate market,rental market japan,rental market tokyo,Japan Real Estate News,Tokyo Residential Rental Market,Japan Residential Rental MarketReal Estate News,Market Information,All,Tokyo
In February, the average rent of a condominium-type apartment in Tokyo’s 23 wards increased for the 5th month in a row and has reached the highest since Tokyo Kantei began keeping records. Read more
Three hotels sold by Hokkaido hotelier
March 22, 2023Japan Hotel News,Japan Real Estate News,Hokkaido Real Estate NewsReal Estate News,Hokkaido,All,Hotel News
Mail-order company Belluna has emerged as the buyer of two hotels in Hokkaido from Karakami Hotels & Resorts for an undisclosed price. Karakami will stay on as the operator of the hotels.
Tokyo's annual office supply forecast for 2023 - 2026
March 21, 2023japan real estate market,Tokyo Office Market,Japan Real Estate News,Japan Office Real Estate,Japan Office MarketOffice/Retail News & Information,Real Estate News,Market Information,All,Tokyo
With the completion of several large-scale office buildings later this year, the total supply of new office space to hit the market in 2023 is going to be more than double what it was in 2022.Read more
Tokyo's office vacancy rate hits 12-month low
March 20, 2023japan real estate market,Tokyo Office Market,Tokyo Office Rent,tokyo real estate,Japan Office Vacancy Rates,Tokyo real estate market,Japan Real Estate News,Tokyo Real Estate News,Japan Office MarketOffice/Retail News & Information,Real Estate News,Market Information,All,Tokyo
Tokyo’s office vacancy rate saw a slight improvement in February, dropping by 0.11 percentage points to 6.15%, according to office brokerage Miki Shoji.
Buyer in talks to buy Kiroro Resort
March 17, 2023Japan Hotel News,Hokkaido Real Estate NewsReal Estate News,All,Hotel News
Shanghai Yuyuan Tourist Mart Co. has expressed interest in purchasing Kiroro Snow World, Kiroro Resort, its land, two hotels, onsen, and golf course through an 11 billion Yen (US$81.5 million) corporate acquisition of Napier SPC.
Tokyo apartment prices increase for 34th month
March 16, 2023japan real estate market,Tokyo apartment prices,Tokyo real estate market,Japan Real Estate News,Tokyo Real Estate NewsReal Estate News,Market Information,All,Tokyo
Apartment prices in Tokyo climbed for the 34th month in a row last month, reaching 908,300 Yen/sqm in the 23 wards. This is a 9.3% increase from last year. A total of 1,691 second-hand apartments were reported to have sold, up 4.5% from last year.