Quick real estate news summary for the week
Japan’s home builders boosted by coronavirus crisis, APA starts work on 8th hotel in Roppongi, and Hotel Okura closes its South Wing for good. Below is a quick weekly summary of some of the recent goings-on in the Japanese real estate market.
10 billion Yen resort development for Hanazono, Niseko
Apex Property Limited, a Hong Kong developer founded by two female entrepreneurs, is launching a major resort and holiday villa project in Niseko’s Hanazono district.
Japan’s tallest wooden high-rise to be built in Nihonbashi
Mitsui Fudosan and Takenaka Corporation are planning to build a 17-story wood-frame office tower in Tokyo’s Nihonbashi district. With a proposed height of 70 meters, this would be the tallest wooden building in Japan.
Tokyo Apartment Sales in September 2020
The following is a selection of apartments that were reported to have sold in central Tokyo during the month of September 2020:
Shuwa Aoyama Residence redevelopment to start in 2021
Nomura Real Estate Development and Asahi Kasei Realty & Residence have received official approval from Shibuya City Council for the formation of the redevelopment committee for the 56-year old Shuwa Aoyama Residence condominium.
Quick real estate news summary for the week
Tokyo apartment prices continue to reach new highs, Hakuba sees 30% jump in land prices, and Japan loses ground in global real estate transparency ranking. Below is a quick weekly summary of some of the recent goings-on in the Japanese real estate market.
100-room condo resort planned for Niseko
A large-scale condominium and resort-style project is planned for the winter ski town of Niseko. Construction is scheduled to start next year, with completion expected in winter 2023.