Japanese Real Estate Broker – Page 2 – JAPAN PROPERTY CENTRAL K.K.

What has changed in the real estate industry since Covid-19?

Now that we are many months into the pandemic, has anything changed about the way the real estate agencies are operating? For the most part, business has returned to usual, with some adjustments.

by Zoe Ward

Quick real estate news summary for the week

Tokyo apartment rents reach a record high, a condo in Tokyo Bay to include shared office space for residents, Nara welcomes a new international hotel, and agents now required to provide information about flood risks. Below is a quick weekly summary of some of the recent goings-on in the Japanese real estate market.

by Zoe Ward

What are real estate brokerages doing in Tokyo during the pandemic?

With school closures, event cancellations and telecommuting becoming the new normal for us over the several weeks, let’s take a look at how Tokyo’s real estate industry is (or isn’t) doing its part to minimize the spread of the coronavirus.

by Zoe Ward

Our Japan Property Market Report for 2019

Thank you to all of the wonderful readers over the past year. We appreciate your support and look forward to closely following the Japanese real estate market with you throughout the next twelve months. If you have any feedback, questions or would like to discuss your next real estate purchase in Tokyo, please send us an email.

by Zoe Ward

A typical workday for a real estate broker in Japan

This is an example of one of my workdays. If you were ever wondering what a real estate broker in Tokyo does during the day, this might be of interest.

by Zoe Ward

Homeowner associations unprepared for foreign investors

The Nikkei Shimbun recently reported on issues faced by homeowner associations in buildings with a large number of foreign owners.

A survey by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) in 2015 found that 85% of the surveyed real estate companies reported an increase in sales to foreign buyers over the past 10 years. Some reported that the cheaper, older buildings were providing popular, as long as they were in good locations.

by Zoe Ward

Median sale price of new apartments up 2.1%

According to the Real Estate Economic Institute, the median price (not the average) of a brand-new apartment released for sale across greater Tokyo in the first half of 2019 was 53,990,000 Yen, up 2.1% from the first half of 2018 and up 4.0% from 2017. The average price, meanwhile, was 61,370,000 Yen, up 2.9% from 2018 and up 4.3% from 2017.

by Zoe Ward