"Bansuisou" to be designated as a cultural property

Japan's Agency for Cultural Affairs has decided to designate a French-styled residence in Ehime Prefecture as an Important Cultural Property. Located on the perimeter of the Matsuyama Castle grounds, "Bansuisou" was built in 1922 as the residence for Count Sadakoto Hisamatsu, a descendant of the Matsuyama Daimyo. Count Hisamatsu had a long history with France, having first gone there to study when he was 16 years old. He then graduated from French military academy, École Spéciale Militaire de Saint-Cyr. He was later appointed as the military attache to the French Embassy before returning to Japan in 1906.Read more


Foreign tourist numbers drop 25% in September

According to the Japan National Tourism Organization (JNTO), the number of foreign visitors to Japan in September, 2011, was 539,000. This was 24.9% lower than the number of visitors in September, 2010.

This is the 7th continuous month of decline following the March 11 Tohoku disaster. The JNTO said that the high yen and ongoing nuclear disaster has kept away wealthy visitors as well as those traveling with children and family.Read more


Sendai's hillside houses still at risk of landslides

The hillside residential areas in Sendai City suffered from serious landslides during the March 11 Tohoku earthquake and a recent survey by Kyoto University's Disaster Prevention Research Institute has shown that landslides are continuing in these neighborhoods.

While aftershocks and heavy rains were thought to be the main cause, the Institute said that it is unusual for landslides to continue for such a long period of time.Read more


Tokyo apartment rent falls to lowest level in 4 years

According to Tokyo Kantei, the average rent for an apartment in greater Tokyo for the month of September fell 0.1% to 2578 Yen per square meter. In Tokyo's 23 wards, the average rent remained unchanged at 3,038 Yen/sqm, but is down 3.1% from September, 2010, and is currently at the lowest level seen in over 4 years. The average rent fell 0.2% in Kanagawa, 0.8% in Chiba and 2.6% in Saitama with Saitama City recording a fall of 4.2% from the month before. The aging apartment buildings in the City's Chuo and Urawa wards contributed to the decline.Read more


[Foreclosed] 13 Apartments in Gotenyama Trust Court

 

Court Evaluation: 543,200,000 Yen (7.05 million USD)

*Update: The winning bid was 548,000,888 Yen. Only 1 bid was made on the property and it was by a corporate entity.*

A group of 13 apartments have been foreclosed in Gotenyama Trust Court, near Shinagawa Station. The apartments range in size from 63.24 ~ 317.24 sqm (680 ~ 3413 sqft) and the total floor size is 1,552.83 sqm (16,708 sqft). The Court's evaluation of the value of the apartments is approximately 379,000 Yen/sqm.Read more


Apartment prices in Tokyo down 10% in September

According to the latest data from the Real Estate Information Network for East Japan (REINS), the number of purchase contracts on houses and apartments sold on the secondary market in greater Tokyo in September fell over 3% from the previous year. The average selling price for both apartments and houses in greater Tokyo still remain lower than in 2010.Read more


Home-builder to test new homes for radiation

Suzuki Kensetsu, a home-builder in Betsukai Village, Hokkaido announced that from October they will be testing all of their newly constructed homes for possible radiation contamination prior to delivering them to new owners.Read more