Old buildings in Nagoya slow to retrofit
March 25, 2022Nagoya,Japan Real Estate News,Nagoya Real Estate NewsReal Estate News,All

Retrofitting older buildings in Nagoya is taking longer than anticipated. A major change to earthquake building codes was enacted in June 1981, with buildings with construction planning certificates issued before this date referred to as ‘kyu-taishin’, or old earthquake resistance, and those after this date referred to as ‘shin-taishin’, or new earthquake resistance. In many cases, these older buildings need retrofitting to bring them up to current standards, but this is not a simple task.
Tokyo office rents drop for 19th month
March 24, 2022Japan real estate,japan real estate market,Tokyo Office Market,tokyo real estate,Tokyo real estate market,Japan Real Estate News,Tokyo Real Estate NewsOffice/Retail News & Information,Real Estate News,All,Tokyo

The release of large-scale offices for rent and some relocations to recently-completed buildings saw an additional 42,965 sqm of floor space up for rent in February, according to brokerage Miki Shoji.
93-yr old bathhouse being demolished
March 23, 2022Traditional Japanese Architecture,Save Japan's Architecture,KitasenjuDemolition,Historic Properties,All,Tokyo

Demolition of a historic and famous bathhouse in Kitasenju began on March 10. Daikoku-yu was one of Tokyo's leading examples of the 'miya-tsukuri' style of architecture often used for palaces, shrines, and temples, but also popular for larger bathhouses.
Tokyo apartment rents hit new high in February
March 22, 2022Japan real estate,japan real estate market,rental market tokyo,Tokyo rental market,Tokyo real estate market,Japan Real Estate News,Tokyo Real Estate News,Tokyo Residential Rental Market,Tokyo Apartment Rental Market,Japan Residential Rental MarketReal Estate News,Rental Market,Market Information,All,Tokyo

In February, the average rent of an apartment in Tokyo's 23 wards was up 1.1% from last year, according to Tokyo Kantei.
9.7% rent discount for public servants in Akasaka
March 21, 2022Real Estate News,Rental Market,All,Tokyo

No rental inflation here. Residents of the Akasaka Public Dormitory for Diet Members are about to see their monthly rent discounted by over 13,000 Yen from next month onwards.
New apartment price across greater Tokyo rises by 16.3%
March 18, 2022Japan real estate,japan real estate market,Tokyo apartment prices,Tokyo real estate market,Japan Real Estate NewsReal Estate News,Market Information,All,Tokyo

According to the Real Estate Economic Institute, the average price of a brand-new apartment released for sale across greater Tokyo in February was 74,180,000 Yen, up 16.3% from last year.
Rental agency to provide 100 free rental apartments to Ukrainian refugees
March 17, 2022Real Estate News,All

Apaman Network, a nationwide residential letting agency, has prepared 100 rental apartments to be provided to Ukrainian refugees free of charge.