Tokyo's newest and tallest wood-frame mansion
Tokyo's first 5-storey wooden structure - an apartment building - is to be built near Shimouma in Setagaya-ku.
Under a revision to the Building Standards Act in 2000, wooden structures over 4 stories are permissible as long as they meet building strength and fire resistant regulations. Prior to this amendment, a law made during the Taisho period (1926 - 1926) limited wooden structures to 3 stories.
Although the amendment was made 12 years ago, it has not been widely taken up by the construction industry. In Tokyo city, just one 4-storey wooden residence was built in Chiyoda-ku in 2011.Read more
Apahome purchases Daikanyama bldg for 4.5 billion Yen
Two buildings in Daikanyama, Shibuya-ku, that were owned by Nara Prefecture were recently sold by auction. The "Daikanyama i Studio" was acquired by ApaHome for approximately 4.5 billion Yen, and the "Tsurumaki Residence" - a former housing complex for Prefecture staff - was acquired by i-nest Co. for 244.5 million Yen.Read more