JAPAN PROPERTY CENTRAL K.K.

Japan real estate transaction volume reaches 2.1 trillion Yen in first half of 2018

January 17, 2019Real Estate News,Market Information,All,Tokyo

According to the Japan Real Estate Institute, the real estate transaction volume across Japan for the first half of 2018 was 2.1 trillion Yen (approx. 18.5 billion USD).

by Zoe Ward

Foreign visitors to Japan exceed 31 million in 2018

January 15, 2019Travel & Tourist Information,All

The number of foreign visitors to Japan in 2018 is expected to have reached 31.19 million, making it the highest annual number in Japan’s history and an 8.7% increase from 2017. Foreign tourist numbers have increased year-on-year for the past seven years.

by Zoe Ward

Kyoto’s emerging IT sector

January 14, 2019All,Kyoto

More and more Tokyo-based software companies are establishing a presence in Kyoto city in an attempt to grab local talent. Tokyo has become a highly competitive market for sourcing young graduates, making Kyoto, with its many reputable universities, a hot spot for hiring.

by Zoe Ward

Our Japan Property Market Report for 2018

January 11, 2019Real Estate News,Market Information,All

Thank you to our many readers and clients over the past year. We look forward to your continued support in 2019.
~ The Japan Property Central Team ~

This year we have simplified our annual property report below. We apologize if it focuses on the Tokyo market, as this is where the majority of our clients are looking to invest.

by Zoe Ward

New tax revision to allow 2% of building purchase price to be deducted

January 10, 2019Property Purchasing Guide,Real Estate News,All,Taxes,Home Loans / Mortgages

The government has decided to extend the home loan tax deduction program for new home buyers to allow a three-year period whereby a home owner could deduct up to 2% of the building portion of their purchase price from their income tax. This is an effort to help support the housing market this year when the consumption tax rate is scheduled to increase to 10% from October 2019.

by Zoe Ward

Tokyo Apartment Sales in December 2018

January 9, 2019Real Estate News,Market Information,All,Tokyo

The following is a selection of apartments that were reported to have sold in central Tokyo during the month of December 2018:

by Zoe Ward

Forecast for Tokyo's new apartment market in 2019

January 8, 2019New Construction,Real Estate News,Market Information,All,Tokyo

On December 20 the Real Estate Economic Institute released their forecast for the new condominium market in greater Tokyo in 2019. A total of 37,000 new apartments are expected to be released for sale, up 0.8% from 2018, while the consumption tax rate increase is anticipated to have only a limited impact.

by Zoe Ward