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
[Foreclosed] Land in Minamiaoyama 2 Chome
Court Evaluated Price: 150,000 JPY (1830 USD)
*UPDATE: The winning bid was 555,556 JPY (6775 USD). A total of 15 bids were made on the land.*
The cheapest (and smallest) land you will ever find in Omotesando. The land is in a laneway just behind Aoyama Dori Avenue and is 200 meters from Gaienmae Station and 660 meters from Omotesando Station.
With commercial land fronting Aoyama Dori valued at anywhere between 5~9 million JPY/sqm and residential land in Minami Aoyama ranging anywhere between 1.2 ~ 1.5 million JPY/sqm, this piece of land at only 78,500 JPY/sqm seems like a great deal, but...