Beachfront villas on Amami Island open this month

A new boutique-style beachfront resort on Amami Island officially opened on July 10. DenPaku The Beachfront MIJORA is a collection of 13 contemporary oceanfront villas. They were designed by Yasuhiro Yamashita of Atelier TEKUTO.

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Harumi Flag goes on sale today

Sales in the Harumi Flag Athlete’s Village start today, with applications closing on August 4. The first round of sales will see over 600 apartments on offer.

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New apartment supply in Tokyo drops to lowest level since 1992

The supply of new condo-type apartments across greater Tokyo in the first half of 2019 has reached the lowest level seen since 1992. As land prices and construction costs continue to remain at high levels, developers have been putting the brakes on residential supply as buyers shift their attention away from expensive new construction. Last-minute demand prior to the increase in consumption tax from October did not materialize as anticipated. 

New apartment prices, meanwhile, have reached the highest level since 1991.

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Flat 35 Home Loan Report for 2018

On July 12, the Japan Housing Finance Agency released its annual report on Flat 35 home loans. The report gives us a look at what type of homes people are buying and how much they are spending on them. Let’s take a look at some of the interesting changes in borrowing that have taken place over the past 10 years.

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Resort plans shelved after 50 years

After half a century of sitting idle, city plans for a 174-hectare resort in Himeji will officially be shelved at the end of this month. The sprawling waterfront resort was going to have a marina, aquarium, hotel, shopping mall, 500 homes, and 3,600 apartments. 

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91-yr old bathhouse converted to shared office

A Yamagata-based construction company has refurbished a traditional 91-year old bathhouse near Ueno, Tokyo, into a shared office, cafe, and event space. 

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