Shinjuku Golden-Gai foreclosure attracts 100 bidders

A public foreclosure auction of a tiny piece of Shinjuku’s famous Golden-Gai bar district attracted 100 bidders last month and ended up selling for over 100 times its reserve.Read more

Foreclosure in Niseko sells for 2200% above reserve

A foreclosed block of land in Niseko ended up selling for over 22 times its auction reserve earlier this month. The 1,012 sqm (10,889 sq.ft) lot of non-zoned land is 6.3 kilometers from Niseko Station and in the Annupuri district with the Moiwa and Annupuri ski slopes nearby.

Read more

Fewer foreclosures in first half of 2022

Land (not including the house) in Akasaka that sold at auction for 319% more than the court valuation.

The number of real estate foreclosure auctions held by the Tokyo District Court in the first half of 2022 was just 365, down from 407 in the same period in 2021.

Read more

Osaka temple up for foreclosure

A famed temple in Osaka with a history going back over 1,000 years has been put up for a foreclosure auction to be held this month.

Read more

Japan heritage site sells at auction for 35 million Yen

The historic Goto Textile factory in Gunma Prefecture was up for public foreclosure auction earlier this year and appears to have found a buyer.

Read more

Quick real estate news summary for the week

29 apartments foreclosed in high-rise tower, Osaka and Tokyo rank high on global livability, and Sapporo to sell Ebisu office building. Below is a quick weekly summary of some of the recent goings-on in the Japanese real estate market.

Read more

Old department store in Yamagata up for foreclosure

The Onuma Department Store in Yamagata City is up for foreclosure later this month, with a minimum bid set at 186,768,000 Yen (approx. US$1.8 million). Yamagata District Court will accept sealed-bids from November 24 to December 1, with bids to be opened on December 3.  The department store closed its doors in January 2020 after filing for bankruptcy, making Yamagata City the only prefectural capital in Japan to be without a department store.

Read more