Regional bank to offer 50-year home loans
The Miyazaki Bank, a regional bank headquartered in Miyazaki City, is now offering home loans with a 50-year term. This is an attempt to keep monthly repayments affordable as construction and home prices continue to rise.
Shrine to convert akiya into tourist lodgings
Hikosan Jingu Shrine in Fukuoka Prefecture is embarking on a plan to convert 10 vacant ‘akiya’ homes into lodgings for tourists. It is hoped this will revitalize the historic streets and help out local souvenir shops and businesses.
More details on Kyoto’s new building height rules
The city of Kyoto is planning to relax building height limits on the southern side of Kyoto Station in an effort to attract more office and residential development.
Got a big car? Parking might be a challenge
It has become increasingly difficult to find monthly car parking spaces for lease in central Tokyo, according to an article in Kuruma News earlier this month. And that may be due to more people buying cars during the pandemic.
Tokyo Apartment Sales in September 2022
The following is a selection of apartments that were reported to have sold in central Tokyo during the month of September 2022:
Akasaka Excel Hotel Tokyu to close
Akasaka Excel Hotel Tokyu will close its doors permanently in late August 2023 as its lease comes to an end.
Three banks to increase mortgage rates this month
Three of Japan’s five top mega-banks plan to increase home loan interest rates this month, while two will reduce rates.