More Taiwanese buying Japanese real estate since 3-11?

According to Taiwanese media reports, the number of Taiwanese buying real estate in Japan is steadily increasing.

In 2010, one of Taiwan's largest real estate agencies, Sinyi Realty, established a branch in Japan. The China Times reported that in the 7 months following the Tohoku disaster, Sinyi sold 68 Japanese properties to Taiwanese buyers with a total value of 2.75 billion Yen (35 million USD).

The company president said that buyers were actually more fearful of a stockmarket crash than an earthquake, so they are seeing an increasing number of Taiwanese who view purchasing Japanese real estate as a way of managing their funds. Of the 68 properties, 39 were in brand new developments. This highlights the trend of Taiwanese buyers to prefer new over older apartments. The president also said that approximately 50 Taiwanese travel to Japan each month to view properties.Read more

by Zoe Ward

Yotsuya Co-Plus - Japan's first privately developed condominium apartment

Yotsuya Co-Plus is Japan's very first privately developed condominium as well as the first of the "Co-Plus" series of apartments.

Although the first condominium was the Miyamasuzaka Apartment built in 1953, this was built by the public housing commission.Read more

by Zoe Ward