Land values in central Tokyo increased as much as 70% since 2000
Land values in prime central Tokyo area have typically increased over the past 10 years. In some areas the increases have been as high as 71%.
Despite the Lehman Shock in 2008 where land prices have fallen, land values in 2010 are higher than they were in 2000.Read more
More areas in Japan see increases in land prices
On February 24, 2011, the Ministry of Land, Infrastructure and Transport (MLIT) announced the latest Japan-wide land price trends in their "Land Price LOOK Report" for January 1, 2011.
Of the 150 surveyed districts across Japan, 16 districts recorded increases in land prices compared to the previous period. Some of the areas which reported price increases are:Read more
Traditional Japanese Shophouse in Tokyo for Sale
SOLD
This 2-storey shophouse in Koenji, Tokyo, was built over 75 years ago by a “Miya-daiku” master carpenter (Miya-daiku are specialist craftsmen who design shrines and temples). Read more
Is it really smart to buy a South-facing apartment?
When looking at an apartment to buy or rent in Japan, everyone is told to look for places that are south-facing as these rooms get the most sunlight throughout the day and year round. Real estate search engines even have "South-facing" as a search option.
As such, South-facing apartments command a premium price over units facing other directions. Many consider North-facing to be the most undesirable as it receives the least direct sunlight. It would seem safe to assume that purchasing a South-facing apartment would be a sure-bet. But is this really the case?
an apartment facing which direction will increase in value after you purchase?
A recent survey by Attractors Lab has shown some interesting results. Read more