Heritage-listed house in Sendai to be demolished
The owners of a heritage-listed house in Sendai will soon demolish the old home and several other historic buildings to make way for a city-planned road that will cut through the site. The buildings include the former main house, workshop and storehouses for the 140-year old Mondaya company - a manufacturer of traditional Sendai-tansu cabinets.Read more
New apartment prices in Sendai 20% higher than bubble era
New condominium prices in the Sendai area continue to surge, with the average price in the first half of 2015 increasing by 10% from the previous year to 42,620,000 Yen (343,000 USD). This price is now around 40% higher than pre-Tohoku earthquake prices and 20% higher than prices during Japan’s asset price bubble in the late 1980s.
Construction costs have increased following the disaster due, but the increase in prices has been met with an increase in demand and a relative shortage in supply of new construction.Read more
New apartment prices in Sendai up 15%
Apartment prices in Sendai continue to grow with the average price of new apartments in the first half of 2013 increasing by 15% to 461,515 Yen/sqm.
The average apartment price in greater Sendai was 34,650,000 Yen (355,000 USD), up 10.1% from the first half of 2012.Read more
The leaning tower of Sendai
Sunny Heights Takasago, a 14-storey, 189 unit apartment building in Sendai City, suffered serious damage during the March 11 Earthquake which left it tilting on an angle.
Following the earthquake, 400 residents evacuated their apartments and stayed in the 1st floor meeting area or at the nearby school hall. The pillars in Sunny Heights had developed cracks and the reinforcing steel was poking out of the concrete. From a distance it was easy to see how much the building was leaning.Read more