Apartment rents in Tokyo increase for 10th month in a row
The average apartment rent in Tokyo’s 23 wards has increased year-on-year for the 10th month in a row. The average monthly rent in September was 3,504 Yen/sqm, up 6.6% from last year and up 1.2% from the previous month. Both Yokohama and Saitama cities saw a decline in year-on-year rents.
Average apartment rents in Tokyo increase for 8th month
According to Tokyo Kantei, the average monthly rent of a condominium in Tokyo’s 23 wards was 3,481 Yen/sqm in July, down 0.1% from the previous month but up 5.4% from last year. This is the 8th month in a row to see a year-on-year increase. The average apartment size was 55.40 sqm and the average building age was 18.9 years.Read more
Nagoya’s most expensive rental apartments to arrive in 2019
A 28-story rental apartment building under construction in Nagoya’s Sakae neighborhood is set to become the most expensive building the city has seen. The most expensive apartments in the 156-unit building are two 253 sqm (2,722 sq.ft) 3-Bedroom units on the 27th floor each with an advertised rent of 1,641,000 Yen per month (approx. 15,000 USD). The two apartments include their own 12-seater dining room with a separate entrance.Read more
Tokyo apartment asking prices in June 2018
According to Tokyo Kantei, the average asking price of a 70 sqm (753 sq.ft) second-hand apartment across greater Tokyo was 36,230,000 Yen in June, down 0.2% from the previous month but up 1.7% from last year. The average building age was 23.9 years.Read more
Average apartment rents in Tokyo increase for 7th month
According to Tokyo Kantei, the average monthly rent of a condominium in Tokyo’s 23 wards was 3,485 Yen/sqm in June 2018, down 0.3% from the previous month but up 5.9% from last year. This is the 7th month in a row to see a year-on-year increase. The average apartment size was 55.84 sqm and the average building age was 18.7 years.Read more
Second Indigo Hotel to open in Inuyama in 2021
InterContinental Hotels Group will open their second Indigo Hotel in Japan in 2021. Hotel Indigo Inuyama Urakuen will replace the Meitetsu Inuyama Hotel located just outside of Nagoya City.
The Meitetsu Inuyama Hotel opened in 1965 with 123 rooms. The grounds include a Japanese tea house built for Oda Nagamasu (1548-1622), the younger brother of powerful daimyo Oda Nobunaga. The 400-year old tea house, called ‘Jo-an’, is considered one of the three best tea houses in Japan, and is designated as a National Treasure. It was relocated to the gardens by Meitetsu in 1972.Read more
Tokyo apartment asking prices in May 2018
According to Tokyo Kantei, the average asking price of a 70 sqm (753 sq.ft) second-hand apartment across greater Tokyo was 36,320,000 Yen in May, up 0.8% from the previous month and up 1.7% from last year. The average building age was 23.7 years.Read more