Tag Archive for Tokyo

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

by

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.

Read more

Controversial argument: Where are the places you don’t want to live in Tokyo ?

by

 

(Machida)

Moving into a new place can be an exciting yet expensive decision.

It is essential that you view the property in person as the photos may (or may not) do the property justice.

You may be able to identify issues that are not present in the photos, which may not be up to date.

Visiting the property gives you a feel for the location and the neighbourhood.

In any cities, there are some neighbourhoods where you don’t walk in the middle of night alone.

In fact, in Tokyo there is almost none.

Maybe you may feel weird if you walk on the street early in the morning in Shinjuku Kabukicho but you won’t feel

extreme insecurity.

I recently read a book written by a guy called ‘Masayoshi Osaka’. The book is called ‘Where are the places you don’t

want to live in greater Tokyo ?’  It is highly controversial and full of prejudice such as race, income and business.

He is a reasonably well-known blogger, originally from Osaka.

He is running a media company “Tokyo Deep Guide” , which is the extreme biased media.

The media shines light not on the positive side of the cities/towns in Tokyo but on the negative side.

Read more

Good Looking New listing in Kawasaki city: Apartment with 14 units, 30 mins from Shinjuku

by

We have got a new listing from Kawasaki city.

I have been there for viewing and photos and video clips.

It has the fantastic financing by the first class Japanese bank (subject to visa and financial background) and foreign national could be eligible for the financing by a Japanese bank .

(Inside the room)

Kawasaki (川崎市 Kawasaki-shi) is a city in Kanagawa Prefecture, Japan.

Read more

Testimonials by Malinda and Lee from USA 　(お客様の声,米国）

by

Here is the latest testimonials by American investors.

Malinda and Lee are running a manufacturing company in LA, USA
which produces the content related products.
They are looking for a property (to buy) to start the new business venture in Tokyo.

They are looking for a property in Tokyo with some work space for their manufacturing and also 

usual home rooms/facility to live while they stay in Tokyo on the trip.

We took them to a property in Adachi ward, Tokyo which is northern part of Tokyo.

Where is Adachi ward ?

Let’s find out what they think of the property.

We wish them a good luck.

Read more

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

by

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 )

Read more

Long-lasting growth ? Market update : Japan land price 2019 -first time rise in 27 years-

by

(Niseko ski resort, Hokkaido)

Long-lasting growth ?

The Japanese government recently issued a report on the average land price in Japan.

It is announced every year and surveys 26,000 spots all over Japan.

Today I am sharing some key findings and forecast for the future.

Summary

Overall, the national average price for commercial land increased 2.8 percent and that of residential land edged up 0.6 percent.

The average price of all types of land in Japan’s regional areas (namely local areas) rose for the first time since 1992 last year

due to the influx of foreign tourists.

Read more

Want to enjoy onsen 24/7 ? : Here is what you should do Villa in Hakone (YouTube video)

by

(Mt. Fuji and Lake Ashinoko, Hakone)

When was the last time you stretch your legs in your onsen tub ?

I recently visited Hakone for my client who resides in USA.

He asked me to search a villa in Hakone with onsen (hot springs)

Just a short trip from Tokyo, Hakone has great hot springs at the foot of Mount Fuji.

If you travel on the Odakyu Limited Express Romancecar(which I normally take),

Hakone is inly about 90 minutes from Shinjuku station.

For more than 400 years, Hakone has flourished as a favorite onsen destination.
In Hakone, there are many onsen hotels and locations with magnificent views of Mount Fuji.

Read more

YouTube Channel launched !: ‘Japan Real Estate Investment for Foreign Investors’

by

Dear readers,

We have recently launched our own YouTube Channel.

It is called ‘Japan Real Estate Investment for Foreign Investors’

The channel will post various useful information and property information for foreign people.

We hope you enjoy our videos.

If you have a question or topics you want us to pick,  please let us know.

YouTube link ↓ 

Japan Real Estate Investment for Foreign Investors

 

Toshihiko Yamamoto
Real estate investing consultant and author.
Founder of Yamamoto Property Advisory in Tokyo.
International property Investment consultant and licensed
real estate broker (Japan).
He serves the foreign companies and individuals to buy and sell
the real estates in Japan as well as own homes.
He holds a Bachelor’s degree in Economics from
Osaka Prefecture University in Japan
and an MBA from Bond University in Australia

Toshihiko’s book, “The Savvy Foreign Investor’s Guide to Japanese Properties: How to Expertly Buy, Manage and Sell Real Estate in Japan”is now out on Amazon, iBooks (iTunes, Apple) and Google Play.
About the book 
Amazon.com Link

 

 

 

 

 

 

Japan real estate market update : Market off to shaky start in 2019 amid price dip, sluggish demand ?

by

Now, the real truth about the real estate market in Japan　!
I am often asked about the trend of the real estate market in Japan.

The most common question is

“Is it going to come off after Tokyo Olympics in 2020 ?”

What do you think ?

It is always difficult to predict how the market will behave but we can always make some analysis.

There are a few perspectives we should focus when analyzing the market.

First, let us walk through the recent high level market trend.

Average land prices in Japan rose from a year earlier for the first time in 27 years in 2018, fueled by the increasing foreign tourists and by urban areas where redevelopment projects are ongoing.
For example, the number of foreigners who stayed overnight in Kyoto in 2017 totaled 3.53 million, a record high.

The national average of benchmark land prices as of July 1 (in 2018) rose 0.1 percent from a year earlier.

The national average of commercial land prices was stronger than the residential segments and it went up
by 1.1 percent.

Read more