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November 22, 2024
 

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BUSINESS
Apr 17, 2017

China's property investment remains robust despite curbs

Real estate investment in China remained robust in the first quarter from a year earlier, official data showed Monday, as the pace of new construction quickened, despite intensified government cooling measures.
Japan Times
BUSINESS
Jul 28, 2016

Real estate firm plans Airbnb rentals amid tourism boom

Star Mica Co., a Tokyo-listed real-estate company founded by an ex-Goldman Sachs Group Inc. banker, plans to double returns from apartments, using Airbnb to house foreign tourists.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Apr 30, 2016

Yukarigaoka proves 'new towns' can age well

Tama, in western Tokyo, is currently trying to find a way to rehabilitate Parthenon Tama, the city's public cultural complex. During headier times, Parthenon hosted world-famous classical musicians and theater companies, and in addition to a large auditorium and a small auditorium, it contains a museum,...
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Jan 2, 2016

Getting a high rise out of dodging taxes

About a year ago, we talked about using real estate purchases to lower inheritance and gift taxes. Obviously, people who are able to take advantage of these schemes are already well off — the average person doesn't have to worry about paying inheritance taxes when his or her parents die because for...
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Dec 5, 2015

Aota-uri: 'green' condominiums to be wary of

Each year between 1990, when Japan's asset bubble burst, and the 2007 recession, about 200,000 new condominium units were added to Japan's housing stock. After 2007, the number dropped to about 100,000, but, depending on the year, anywhere from 50,000 to 70,000 of these units were built in the Tokyo...
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Apr 4, 2015

Japan's public housing system has a shelf life

One of the most desirable properties in Tokyo is Chateau Mita, located in Minato Ward within walking distance of several embassies and Tokyo Tower and less than 10 minutes from four subway stations. The apartment building was constructed in 1964 and by 2000 there were persistent problems with plumbing...
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Feb 6, 2015

Renting comes with guarantors, not guarantees

According to the most recent census, as of 2010 the population of Japan stood at a little less than 128 million, and if demographic trends continue at the current rate it will be 107 million in 2030 and 97 million in 2050. Despite this projected decline, 369,993 new rental units were built in Japan last...
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Aug 1, 2014

Ticking the right tax boxes

In most places in the world, property taxes, which are levied on buildings and land, are administered and collected by local governments for the benefit of local governments. This is also true in Japan, but it's useful to keep in mind that property tax rules and regulations are determined by the central government.
Japan Times
BUSINESS / Companies
Feb 5, 2014

Mitsubishi Estate profit up 73% on home sales

Mitsubishi Estate Co. said Wednesday its nine-month net income rose 73 percent as profit margins of its residential business improved.
Japan Times
BUSINESS
Sep 13, 2013

Tokyo bests New York, Paris for property rents

Tokyo is the best city for residential-property returns, broker Savills PLC said, because Prime Minister Shinzo Abe's policies are stimulating the economy and increasing investor confidence.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Sep 2, 2013

Housing loans: Nothing is 100 percent easy

The government has yet to confirm the timing of the approved consumption tax increase from 5 to 8 percent. It's slated to take place next April but there is still fear that the economy is too frail to withstand the effect the added tax might have on actual consumption. Consequently, the government is...
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Mar 5, 2013

Buying property in the age of Abenomics

According to most business media, now is the time to act if you are thinking about buying a home. Though the Liberal Democratic Party has yet to confirm that it will go ahead with the consumption tax increases the Democratic Party of Japan passed last year, it seems likely that the first hike to 8 percent...
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Feb 4, 2013

Building your home can come at quite a cost

People in the market for new single-family houses usually don't worry as much about the land those houses occupy because they tend to work with developers, who purchase huge tracts and then subdivide them. The customer buys the land and the house as a package, though the authorities see it as two purchases...
Japan Times
BUSINESS / YEN FOR LIVING
Oct 4, 2010

What's in a name when it comes to real estate?

Why oh why is Kichijoji such a popular place to buy a condominium?
Japan Times
JAPAN
May 10, 2006

Police raid mob office, real estate agent in building probe

Tokyo police searched the headquarters of a Yamaguchi-gumi underworld affiliate Tuesday in connection with the arrest the previous day of its boss for allegedly illegally transferring the property rights of a building in Shibuya Ward.
COMMUNITY / How-tos / LIFELINES
Dec 27, 2005

Real estate, a good cigar and body wax

Property in Yokohama Shirley, in Monterey, Calif., found an interesting article on buying property in Japan while browsing on the Web, and had a question.
BUSINESS
Jan 29, 2004

IRCJ to rescue meter maker, Osaka-based real estate firms

The Industrial Revitalization Corp. of Japan said Wednesday it will bail out a troubled Tokyo-based maker of water and gas meters and two Osaka-based real estate firms.
BUSINESS
Nov 22, 2002

Towa Real Estate reports big losses

Towa Real Estate Development Co., which has requested a huge debt waiver, reported on Thursday net losses of 82.51 billion yen for the fiscal first half through September.
JAPAN
May 21, 2001

Mob boss held over real estate fraud

Police on Sunday arrested a top leader of Sumiyoshi-kai, one of Japan's largest yakuza groups, for allegedly conspiring to obstruct compulsory seizure of assets by creditors, officials said.
BUSINESS
Apr 6, 2001

FSA approves real estate joint venture

The Financial Services Agency on Thursday gave the go-ahead for a joint venture between major trading house Mitsubishi Corp. and UBS AG of Switzerland to manage real-estate investment trusts, Mitsubishi said.
Japan Times
COMMENTARY / World
May 29, 2023

Singapore’s high costs won’t dethrone the money center — yet

Southern Malaysia is becoming popular as Singaporean housing prices surge. The commute to Johor brings its own challenges.
Japan Times
United KIngdom report 2023
May 5, 2023

Kajima Europe: Spearheading Japanese investment in Europe’s real estate markets

As a major developer and investor, Kajima has had a significant presence in the U.K. for over 30 years. Grounded in its roots as a general contractor, the Japanese giant has notably diversified over time, investing, developing and managing assets across most U.K. and European real estate markets, with...
Japan Times
BUSINESS
Jul 21, 2023

Tokyo's new condo prices surge 60% to a record in first half of year

The average price of a new apartment in central Tokyo jumped 60% to ¥129.6 million ($930,000) in the January to June period.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Jul 4, 2014

When should we make noise about loud neighbors?

In August 1974, a 46-year-old man living on the fourth floor of a public apartment building in Hiratsuka, Kanagawa Prefecture, forced his way into the unit below him and killed two little girls and their mother. After attempting suicide he was arrested, and he told police he had been driven to murder...
BUSINESS / Companies
May 8, 2014

Mitsubishi Estate turns first profit in three years

Mitsubishi Estate Co. said Thursday that full-year earnings rose for the first time in three years as profit margins at its residential business improved and office rents recovered.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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