japan real estate market – Page 71 – JAPAN PROPERTY CENTRAL K.K.

Kanazawa hotel market reaches over-supply

Kanazawa’s hotel market is rapidly reaching over-supply as developers move to cash in on growing tourist numbers.

The city saw a surge in developments following the extension of the Hokuriku Shinkansen route connecting Nagano and Kanazawa in 2015. The number of hotel rooms in the city has increased by 20% since then. Demand, however, has yet to catch up.

by Zoe Ward

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.

by Zoe Ward

Tenant wins lawsuit over high brokerage fees

On August 7, the Tokyo District Court ruled in favor of a tenant who had sued a major real estate brokerage after being overcharged on their rental brokerage fee.

by Zoe Ward

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.

by Zoe Ward

Rent rises 11% on Tokyo Stock Exchange Building

The rent for the Tokyo Stock Exchange Building in Nihonbashi is increasing for the first time in 25 years. Starting in April, the building’s annual rent has increased by 11.1% to 3 billion Yen (approx. 28 million USD).

by Zoe Ward

Tokyo Apartment Sales in June 2019

The following is a selection of apartments that were reported to have sold in central Tokyo during the month of June 2019:

by Zoe Ward

Rosenka land values increase for 4th year in a row

The rosenka land values for 2019 were announced by the National Tax Agency on July 1. Nationwide, land values increased by 1.3%. This is the fourth year in a row to record a year-on-year increase. The rate of growth has also expanded, following 0.7% in 2018, 0.4% in 2017 and 0.2% in 2016. This is the first time to see four years of consecutive growth since 1992.

by Zoe Ward