Condominium

Omotesando (表参道) Living at Its Finest: Discover Shibuya Ward’s Elite Tokyo Residence

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Luxury Residence in Tokyo’s Premier Omotesando（表参道）in Shibuya Area

: A Top Investment Opportunity

As the selling agent for this prestigious property, we are pleased to present an exclusive opportunity to own a luxury residence

in the highly desirable Jingumae area of Shibuya Ward.

This low-rise complex offers a rare combination of elegance, privacy, and premium living in the heart of Tokyo.

In central Shibuya, it is exceedingly rare to find a residence of this size（238ｍ2）, offering a unique combination of spaciousness,

privacy, and premium living in the heart of Tokyo.

 

1. Exclusive Property Overview

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Investing in Japan’s Ageing Condominiums: Opportunities and Insights for Foreign Investors Amid Legal Changes

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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,

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Unlocking Wealth in Japan’s Property Market: An Investment Roadmap for Affluent Individuals

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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%.

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“Revolutionizing Urban Living: SETAGAYA Qs-GARDEN Unveils a Multigenerational Community for Enhanced Well-Being”

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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.

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Rising Used Condominium Prices in Tokyo and Major Japanese Metropolitan Areas: A Closer Look at the Trends

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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.

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Buying a very affordable condominium in Japan ?: Do the due diligence

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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.

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Where is the most expensive location in Tokyo ?：Latest PER report by Tokyo kantei

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Where is the most expensive location in Tokyo ?

Ginza in Chuo-ku.

You are right. In terms of face value, Ginza is the most expensive location in Japan and those expensive

locations are commercial areas.

What about the condos relative to the ratio of rent ?

With the rise in land prices, real estate has become difficult to buy year after year.

Where is the area which is relatively cheaper than other areas in terms of the payback period using

the rent you have to pay ?

Real estate research firm Tokyo Kantei announces “Condominium PER” every year for new condos

as one of the judgment criteria.

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Is it a good investment ? Due Diligence For high-rise condominium buyers : What You Need to Check

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High-rise condominiums sometimes meet fierce resistance from residents who believe their neighborhoods are being overwhelmed by soaring glass towers.

In Japan, a number of rich and famous are living in those high rise condominiums.
But are they really good investment ? What are the potential risks ?

The higher that buildings can stretch into the sky, the more money that developers can command for sweeping views.

Those luxury condominiums are called ‘tower mansion’ in Japan.

I know it sounds very confusing.

In Japan mansions aren’t massive houses and estates for the rich and famous.

They are conventional apartments for regular people

(manshon ~ マンション).

Japanese mansions are the equivalent of condominiums.

People buy them to live in or rent out.

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Encountering the marked down properties ? : Market update January-March 2019 Investment properties

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Let’s face it.

Kenbiya  (One of Japan’s major internet web sites on the real estate property for the investment) recently announced the latest market update

for the first quarter of 2019. I am quickly sharing the summary of the report today.

Price:  The average asking price 

Yield :Gross yield. It is calculated as a percentage based on the property’s market value divided by the income generated by the property

          (before finance cost/management cost/tax)

Overall Japan

Condominiums (one unit)

January-March 2019

Yield 7.36% (-0.45 points compared to the previous quarter)

Ave Price 15.51 million yen (+ 10.79 point )

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Expect home sales to continue on a downward trend ? : Japan real estate market recap 2018

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Happy new year 2019 !　Year of Boar.

New year has just begun and I would like to quickly review the market using some statistics.
The data always tells you the fact. How to read the data is a key for success.
It is too early to know if housing is in another bubble in Japan (I don’t think so)
It will depend on what happens with the global economy. Unfortunately, bubbles are only recognized with 100 percent certainty
in 20/20 hindsight.

The national average standard price of land
According to the government announcement, the national average standard price of land (基準地価) published in September 2018
by the Ministry of Land, Infrastructure and Transport, land lots for all uses excluding forest lands nationwide
went up by 0.1% compared with the previous year, rising for the first time in 27
years since 1991. The average rate of residential areas was down 0.3% nationwide, falling for 27
consecutive years, but the rate of declines shrank 0.3% from the previous yearRead more