Real estate developers are bringing luxury hotels to Japan
With a shrinking residential property market nationwide and an office market that is limited to prosperous city centers only, Japan’s real estate giants have to diversify in order to survive. That diversification is coming from developing hotels.
Novelist's house in Kyoto to be demolished
The former Kyoto residence of novelist Naoya Shiga (1883-1971) is in its final preparations for demolition and sale. The 100+ year old home is 1.5 kilometers south of Kinkakuji (Golden Pavilion).
Tokyo neighborhoods providing the best return on investment in 2018
Tokyo Kantei has ranked the station areas that provide the highest combined return of both rental income and capital gain from purchasing 2008, renting the apartment to a tenant for 10 years, and selling in 2018.
First condo for Osaka’s Sakishima Island in 8 years
Sakishima, a man-made island in Osaka Bay, will soon get its first condominium in over 8 years.
Nakagin Capsule Tower could be spared from demolition
According to Jiji Press, the Nakagin Capsule Tower apartment building, a surviving icon of Japan’s metabolism movement in the 1970s, may soon have a savior in the form of a foreign corporation that is looking to acquire the land rights.
2.57 offers made per apartment in Harumi Flag
The first round of sales in the Harumi Flag (Olympic Village) project on Tokyo Bay wrapped up on August 4. A total of 1,543 purchase applications were made on the 600 apartments offered for sale, with the most popular apartment receiving 71 applications.