Apartment developers are facing an impending crisis as construction costs continue to rise.
The average cost per apartment has risen almost 20% to 23 million Yen in the past year. Average construction costs per square meter are now around 300,000 Yen.
To make things worse, land prices are now starting to increase.
This content is available to paid subscribers only.
Sharing information on Japan’s real estate market has been a long passion dating back 14 years. However, gathering and preparing this content takes hours and hours each week. By joining our monthly subscription service, you can access over 3,100 articles dating back 14 years. Best of all, you’ll be supporting us in our endeavor to continue to provide investors with on-the-ground, expert information.
To join our paid subscription service and access over 3,100 news articles on Japan's real estate market, please register here.
Already a paid member? Log-in using your details below.