Tokyo’s Ultimate Waterfront Penthouse: Spectacular Bay Views at Park Tower Kachidoki South
Tokyo’s real estate market is evolving rapidly, and nowhere is this transformation more evident than in the prestigious Tokyo Bay Area. Among the many luxury developments, Park Tower Kachidoki South stands out as a premier residence, offering an unparalleled living experience. Today, we introduce a rare penthouse unit in this sought-after tower—an opportunity that defines exclusivity and sophistication.
Luxury Living in Niseko: The Park Hyatt HANAZONO Residences Penthouse
Niseko, Japan, has long been celebrated as one of the world’s premier ski destinations, attracting discerning travelers and investors from across the globe. Among its most prestigious developments, Park Hyatt HANAZONO Residences stands as the epitome of luxury and exclusivity. The top-floor penthouse, an architectural masterpiece, redefines the concept of elevated living in this breathtaking alpine retreat.
Tokyo’s skyline is set to welcome a new architectural masterpiece: The Toyomi Tower Marine & Sky. Nestled in the heart of Chuo-ku, this luxurious high-rise redefines waterfront living, offering a seamless blend of modern sophistication, unparalleled convenience, and breathtaking views. As one of the most sought-after residences in Tokyo, Toyomi Tower is a true gem for high-net-worth individuals and global investors.
Exclusive Off-Market Luxury Residence in Tokyo: Mita Garden Hills (Park Mansion)
Tokyo’s real estate market continues to attract discerning investors, and Mita Garden Hills (Park Mansion) stands out as one of the most highly anticipated luxury developments in central Tokyo. Jointly developed by Mitsui Fudosan Group and Mitsubishi Estate Group, this project marks the first large-scale collaboration between these two real estate giants in central Tokyo since Hiroo Garden Hills, 38 years ago.
With its historic prestige, ultra-luxurious amenities, and prime Minato-ku location, Mita Garden Hills presents a unique opportunity for those seeking an exclusive freehold residence in the heart of Tokyo.
Mita Garden Hills is built on a 25,000㎡ site that was formerly home to the Ministry of Communications’ Postal Insurance Bureau. The site, located in Mita, Minato-ku, was historically known as Tsunamachi, an elite residential district for Edo-period feudal lords and Meiji-era aristocrats.
The land itself carries a deep legacy, having been the residence of Arima Nakatsukasa Daibu during the Edo period. Nearby estates belonged to the Matsudaira, Oda, and Tokugawa clans, and in later years, the Hachisuka, Kuroda, and Matsukata marquis families made this area their home.
Investing in Japan’s Ageing Condominiums:
Opportunities and Insights for
Foreign Investors Amid Legal Changes
Are you a foreign investor interested
in Japan’s real estate market?
As a leading real estate agent for foreign investors, we’re here to provide you with the latest updates
and insights into the industry.
Today, we’re discussing the Japanese government’s proposed amendments
to the Condominium Ownership Act and what it could mean for you as a potential investor.
The Japanese government is considering amending the Condominium Ownership Act by the fiscal year 2024,
Discovering Lucrative Opportunities in Japanese Real Estate
for High-Net-Worth Investors
Introduction:
Japan has long been an attractive destination for high-net-worth individuals
who appreciate its rich culture, modern cities, and stunning landscapes.
As the yen continues to depreciate and real estate prices remain relatively low compared to other global cities,
now is the perfect time for investors with a net worth of 1-2 million
US dollars to explore opportunities in the Japanese property market.
Prime Locations:
While Tokyo is the most popular choice for foreign investors,
other metropolitan areas such as Osaka and Nagoya also offer attractive investment prospects.
For those interested in resort properties, Hokkaido and Okinawa are becoming increasingly popular choices.
Example Properties in Tokyo:
Minato-ku, Tokyo: A luxurious 2-bedroom apartment in the upscale Minato-ku district offers
investors a taste of cosmopolitan living. With a price tag of around $1 million,
the apartment offers a potential rental yield of 4-5%.
Shibuya-ku, Tokyo: A modern one-bedroom apartment in the vibrant Shibuya-ku area offers
a more affordable investment option at around $500,000.
The potential rental yield for this property is approximately 3-4%.
Revolutionizing Urban Living:
SETAGAYA Qs-GARDEN Unveils
a Multigenerational Community
for Enhanced Well-Being
On March 27th, 2023, five large companies, including Dai-ichi Life Insurance,
Marubeni Urban Development, Aioi Nissay Housing, NTT Urban Development,
and Nomura Real Estate announced the opening of “SETAGAYA Qs-GARDEN”
in Setagaya, Tokyo.
The project aims to create a community that promotes the well-being of its residents
by constructing multi-generational housing,
sports facilities, and community centres on a 9-hectare site owned
by Dai-ichi Life Insurance.
Rising Used Condominium Prices in Tokyo and Major Japanese Metropolitan Areas
Tokyo Kantei Press Released on March 23, 2023
Major Cities in the Three Major Metropolitan Areas: Monthly Trends in Used Condominium Prices (70 sqm)
In February, used condominium prices in the Tokyo metropolitan area increased
by 0.4% compared to the previous month, reaching 48.66 million yen,
marking the third consecutive month of increase.
In central Tokyo, prices once again surpassed the 100 million yen mark.
The average prices in the Kinki and Chubu regions also continued to rise modestly,
with no significant downward movement seen in the market.
In February 2023, used condominium prices in the Tokyo metropolitan area
rose for the third consecutive month, with a slight increase of 0.4% compared to the previous month,
reaching 48.66 million yen.
When looking at the data by prefecture, Tokyo saw an increase of 0.7% to 64.41 million yen,
surpassing the record high set in December of the previous year.
In Kanagawa Prefecture (+0.4%, 36.68 million yen), prices continued to rise compared
to the previous month, while in Chiba Prefecture (+1.7%, 28.29 million yen),
prices have been on an upward trend since April of the previous year.
On the other hand, prices in Saitama Prefecture decreased slightly by 0.4% to 30.49 million yen,
marking the first decline in six months.
The average price in the Kinki region increased for the first time in two months,
with a slight increase of 0.2% to 29.14 million yen, due to the strength of the Osaka area.
In Osaka Prefecture, the price showed a similar movement with a 0.2% increase to 31.28 million yen,
but it did not surpass the level reached in December of the previous year.
Irresistible ?
I receive a number of inquiries about very affordable and yet old condominiums from foreign nationals.
They don’t know much about Japanese market.
Japan is facing serious social issues including ageing society and shrinking population.
And old condominiums are facing similar realities especially in the regional areas.
I am not saying all old condominiums are risky but please do not jump at the gun only because they are cheap.
You need to carefully investigate the property and check the potential risks.
Real estates are totally controlled by the market mechanism and they are cheap for a reason.
That said, if you carefully search, you could get a relatively good investment.
