Atsugi's Haunted Hospital being demolished

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The demolition of the ruins of the former Atsugi Keishin Hospital in Yamagiwa, Atsugi City, Kanagawa, started earlier this month. The 2605 sqm site has two 5 and 8 storey buildings with a total floor area of 5103 sqm. Demolition is expected to be finished by February, 2011.Read more


Inheritance tax changes

The Japanese Government's Select Committee on the Taxation System (seifu-zeiseichosakai) announced a new policy to reduce the fixed inheritance deduction from 50,000,000 JPY+10,000,000 JPY per inheritor to 30,000,000 JPY+6,000,000 JPY per inheritor. The announcement was made at a general assembly meeting on December 13th.Read more


Cattle Quarantine Station Office scheduled for demolition

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The building in 2006

 

A decision has been made to demolish the former Ministry of Agriculture's livestock quarantine office in Tsuruga Bay, Fukui Prefecture.

Dating from 1916 (Taisho period), the western-style building has fallen into severe disrepair. After part of the ceiling collapsed last month, the owners have applied to the Prefecture to have the building demolished.Read more


Cross Air Tower - 42 storey tower for Meguro-ku

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Size range: 30.07 – 161.68sqm (320 – 1740 sqft)
Average Price: 1,164,000 Yen/sqm (1352 USD/sqft)

As part of the redevelopment of the Ohashi area, Cross Air Tower will incorporate both commercial and residential space. The 9th floor will have a public library, a Ward office for Meguro-ku and a health & welfare center.Read more


Homat Capital: Price history over the years

Homat Capital

Apartments in this building have doubled in value since it was built in 1980. The average price when this apartment was first built in 1980 was 515,000 JPY/sqm (575 USD/sqft). In the midst of the financial bubble, the average price in 1991 was 5,750,000 JPY/sqm (6,435 USD/sqft) - a price increase of 1117% !Read more


New earthquake retrofitting law to be introduced in 2011

In the event of an earthquake in Tokyo the major roads will be used by emergency vehicles. To reduce the risk of buildings collapsing onto these major roads, regulations to enforce building owners to conduct earthquake retrofitting are being put in place.Read more