Market Information – Page 159 – JAPAN PROPERTY CENTRAL K.K.

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

by Zoe Ward

Japan investment property returns increase by as much as 2% over past 3 years

Data released by Japanese real estate company, First Logic, has shown the average return from an investment building in Japan has increased by as much as 2% over the past 3 years.Read more

by Zoe Ward

Central Tokyo prices up 1.9% in 2010

On January 13th, 2011, Mitsui Fudosan announced the 2010 residential price movements. Prices in Tokyo rose 1.0% in 2010, compared with a 4.5% decline in 2009 after the Lehman Shock. This is the first increase since 2007. An improvement in economic conditions as well as the expansion in mortgage tax reductions were cited as reasons for the increase. For Tokyo's 23 Wards, the price increase was 1.9%. In Yokohama and Kawasaki, the prices increased by 0.4%.Read more

by Zoe Ward

Minato-ku apartment prices increased 61% over past decade

An apartment consulting company, Total Brain, has analyzed condominium apartment prices in Tokyo's central 6 wards (Minato, Shibuya, Shinjuku, Chiyoda, Chuo and Bunkyo ku) from the year 2000 to 2010.Read more

by Zoe Ward

Asian buyers are top foreign purchasers in Japan

The Wall Street Journal has an interesting article on the shift among foreign buyers of Japanese real estate.

Asian buyers, both corporate and individual, made 18 real estate acquisitions in Japan in 2010 for a total of USD 372 million. US buyers made 3 deals totalling just USD 6 million.Read more

by Zoe Ward

The Top 10 Most Expensive Apartments for Sale in Tokyo

tokyo-most-expensive-apartments

The following is a list of the top 10 most expensive apartments for sale in Tokyo (as of December, 2010):Read more

by Zoe Ward

Strong demand for Nomura Proud Series of apartments

proud-city-akabane Nomura Real Estate Development's "Proud Series" of condominiums have seen strong sales and same-day sellouts for many of their buildings.

At the end of November, Proud City Akabane in Tokyo's Kita-ku had received purchase applications on all 214 units released for sale in the initial offering. The second offering will begin in early January. The apartment building is still under construction and completion is expected by the beginning of November, 2011. There are a total of 284 units priced from 41.3 - 108.8 million JPY and sized between 58.92 - 100.32 sqm.Read more

by Zoe Ward