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TOKYO TWIN PARKS
The 33 apartments on floors 45 ~ 47 are “The Sky House” premium apartments. It is located across from the Hamarikyuteien Park. The west side of the site is close to the Yamanote Line train tracks. It is about a 17 minute walk to the Ginza 4 Chome Crossing. When brand new in 2002, apartments were priced at approximately 1,180,000Yen/sqm.
IMPERIAL HOTEL TO BE REBUILT AFTER 2030 Imperial Hotel to be rebuilt after 2030. On March 16, the Yomiuri Shimbun newspaper reported that the Imperial Hotel in Tokyo is considering redeveloping their main hotel and neighboring office tower. This isn’t the first time rumors of redevelopment have been floated. Similar reports came out in early 2018 and late 2019. THE ROPPONGI TOKYO CLUB RESIDENCE Location: Roppongi, Minato-ku. The Roppongi Tokyo Club Residence has all the features of a hotel, such as concierge service, room service, catering, masseur, valet parking, porter and more. It is a 5 minute walk to Roppongi Hills and Tokyo Midtown. The first stage of CITY TOWER AZABU JUBAN City Tower Azabu Juban is a few minutes walk from the Azabu Juban Station area which is a popular restaurant spot for expats. The 129m tall building featuresSHIROKANE THE SKY
Shirokane The Sky is a 45-storey condominium under construction in the Shirokane neighborhood in central Tokyo. This is a large-scale redevelopment covering a 11,000 sqm site that sits on the southern side of the Tokyo expressway. This will be the largest condominium based on total unit count to have been supplied within Tokyo’sYamanote Line
THE MOST EXPENSIVE HOMES FOR SALE IN TOKYO The most expensive homes for sale in Tokyo. Posted on March 18, 2016. Let’s take a quick look at the most expensive homes currently advertised for sale in Tokyo: 1,300,000,000 Yen (11.7 million USD) *Relisted in 2018 for 1,280,000,000 Yen. Location: Minami Aoyama, Minato-ku. House: 7-Bedrooms, 4 Bathrooms, 630 sqm (6,779 sq.ft) PARK MANSION MITA TSUNAMACHI THE FOREST Area: Mita, Minato-ku. CURRENT SALE LISTINGS. Park Mansion Mita Tsunamachi The Forest 8F. ABOUT. The first round of sales was held on July 26 ~ July 27, 2014. 80 apartments priced from 120 ~ 700 million Yen were offered for sale under a lottery-type system. All RECLAIMED LAND IN JAPAN Reclaimed Land in Japan. Approximately 0.5% of Japan’s total area is estimated to be reclaimed land, or umetatechi . Some reclamation projects began as early as the 12th century, but it was post-WWII when the majority of land reclamation was undertaken. During Japan’s period of rapid economic growth following WWII, approximately 80~90%of
TRADITIONAL JAPANESE HOMES FOR SALE ABOUT. This is a fully renovated traditional ‘machiya’ townhouse in central Kyoto City. The home has been completely renovated, with a new concrete slab foundation, natural Japanese ash hardwood floors, all new plumbing and electrical, kitchen with 3-burner gas cooktop and grill, TOTO electric toilet, system bath, Japanese tsubo-niwa garden, new windows and drywall, new siding on end TOKYO BAY CITY TOWER Tokyo Bay City Tower is located on a man-made island between Tamachi and Shinagawa Stations. The building was completed in August 2014. When new, apartments were priced from 59.8 ~ 73.2 million Yen, with an average price of around 1,050,000 Yen/sqm.TOKYO TWIN PARKS
The 33 apartments on floors 45 ~ 47 are “The Sky House” premium apartments. It is located across from the Hamarikyuteien Park. The west side of the site is close to the Yamanote Line train tracks. It is about a 17 minute walk to the Ginza 4 Chome Crossing. When brand new in 2002, apartments were priced at approximately 1,180,000Yen/sqm.
IMPERIAL HOTEL TO BE REBUILT AFTER 2030 Imperial Hotel to be rebuilt after 2030. On March 16, the Yomiuri Shimbun newspaper reported that the Imperial Hotel in Tokyo is considering redeveloping their main hotel and neighboring office tower. This isn’t the first time rumors of redevelopment have been floated. Similar reports came out in early 2018 and late 2019. THE ROPPONGI TOKYO CLUB RESIDENCE Location: Roppongi, Minato-ku. The Roppongi Tokyo Club Residence has all the features of a hotel, such as concierge service, room service, catering, masseur, valet parking, porter and more. It is a 5 minute walk to Roppongi Hills and Tokyo Midtown. The first stage of CITY TOWER AZABU JUBAN City Tower Azabu Juban is a few minutes walk from the Azabu Juban Station area which is a popular restaurant spot for expats. The 129m tall building featuresSHIROKANE THE SKY
Shirokane The Sky is a 45-storey condominium under construction in the Shirokane neighborhood in central Tokyo. This is a large-scale redevelopment covering a 11,000 sqm site that sits on the southern side of the Tokyo expressway. This will be the largest condominium based on total unit count to have been supplied within Tokyo’sYamanote Line
THE MOST EXPENSIVE HOMES FOR SALE IN TOKYO The most expensive homes for sale in Tokyo. Posted on March 18, 2016. Let’s take a quick look at the most expensive homes currently advertised for sale in Tokyo: 1,300,000,000 Yen (11.7 million USD) *Relisted in 2018 for 1,280,000,000 Yen. Location: Minami Aoyama, Minato-ku. House: 7-Bedrooms, 4 Bathrooms, 630 sqm (6,779 sq.ft) PARK MANSION MITA TSUNAMACHI THE FOREST Area: Mita, Minato-ku. CURRENT SALE LISTINGS. Park Mansion Mita Tsunamachi The Forest 8F. ABOUT. The first round of sales was held on July 26 ~ July 27, 2014. 80 apartments priced from 120 ~ 700 million Yen were offered for sale under a lottery-type system. All RECLAIMED LAND IN JAPAN Reclaimed Land in Japan. Approximately 0.5% of Japan’s total area is estimated to be reclaimed land, or umetatechi . Some reclamation projects began as early as the 12th century, but it was post-WWII when the majority of land reclamation was undertaken. During Japan’s period of rapid economic growth following WWII, approximately 80~90%of
JAPAN PROPERTY CENTRAL Japan Property Central is a fully licensed, expat-owned real estate brokerage in Tokyo that works exclusively with buyers, including domestic and international investors and future home-owners. Contact us today to find your next property. VIEW ALL SALE LISTINGS ON MAP. TRADITIONAL JAPANESE HOMES FOR SALE KYOTO NIJO MACHIYA Built: 1902 / Fully renovated ¥49,000,000 TRADITIONAL HOME IN SHIBUYA Built: Unknown (earliest registration dates to 1936) ¥648,000,000 NAKAMEGURO TRADITIONAL JAPANESE HOUSE BLOG – JAPAN PROPERTY CENTRAL Quick real estate news summary for the week. Posted on June 4, 2021. Goldman to double annual property acquisitions in Japan, real estate company flips Hewlett-Packard building to Singapore REIT, and Ascott buys three rental apartment buildings. Below is a quick weekly summary of some of the recent goings-on in the Japanese real estate market. QUICK REAL ESTATE NEWS SUMMARY FOR THE WEEK 29 apartments foreclosed in high-rise tower, Osaka and Tokyo rank high on global livability, and Sapporo to sell Ebisu office building. Below is a quick weekly summary of some of the recent goings-on in the Japanese real estate market. US$600MILLION+ RESORT CONDO DEVELOPMENT FOR NISEKO US$600million+ resort condo development for Niseko. Posted on October 21, 2020. Another week, another multi-billion Yen project announced for Niseko. Singapore-based Shenning Investments is developing a luxury Capella-branded resort in Niseko’s Hanazono district with a planned opening in 2024 ~ 2025. The total cost of the project has notbeen
PANDEMIC HASN’T SLOWED LUXURY HOTEL PROJECTS IN KYOTO The Four Seasons Hotel Residences Kyoto Despite tourism being on hold, luxury hotel brands continue to push ahead with developments in the historic city of Kyoto. Various heritage protection bHOUSE BUYING GUIDE
House prices: 180 million ~ 3 billion Yen+Land prices: 2,000,000 ~ 3,000,000 Yen/sqm+. This is a small and highly regarded residential enclave just behind Shibuya’s main shopping district. It is among the most expensive residential areas in Tokyo (and even Japan) and has some very large and private homes. DAIWA UNVEILS ULTRA-LUXURY HOME OFFERING Daiwa House Industry has launched an ultra-luxury home option to their lineup. The Wood Residence MARE is designed by their in-house ZIZAIDesignOffice team.
IMPERIAL HOTEL CONFIRMS KYOTO PROJECT On May 12, the Imperial Hotel officially released plans for their luxury hotel project in Kyoto’s Gion district. This will be the fourth Imperial Hotel in Japan and the newest in almost three decades. HOTEL NEWS – PAGE 21 – JAPAN PROPERTY CENTRAL Mori Trust announced that the Marriott International hotel group will open their first JW Marriott luxury branded hotel in Nara City in 2020. The JW Marriott Hotel Nara will be built on vacant land across the street from the Nara City Hall and near the former Heijo Palace–
JAPAN PROPERTY CENTRAL Japan Property Central is a fully licensed, expat-owned real estate brokerage in Tokyo that works exclusively with buyers, including domestic and international investors and future home-owners. Contact us today to find your next property. VIEW ALL SALE LISTINGS ON MAP. SIX SENSES AND BANYAN TREE TO OPEN IN KYOTO IN 2024 Six Senses and Banyan Tree will both be opening luxury hotels in Kyoto’s Higashiyama district in 2024. Both hotels will be the first of their kind in Japan. The Six Senses site was originally Hotel Tozankaku and is across the street from the Four Seasons. SIX SENSES TO OPEN IN NISEKO Six Senses to open in Niseko. A Six Senses resort is coming to Niseko in 2024 ~ 2025. On April 8, the Hokkaido Shimbun newspaper reported that IHG Hotels & Resorts is planning the luxury hotel for the Hirafu district. The 100-room hotel will be 700 meters south-east of the Grand Hirafu ski slopes. Approximately 11,000 sqm of land has been TRADITIONAL JAPANESE HOMES FOR SALE ABOUT. This is a fully renovated traditional ‘machiya’ townhouse in central Kyoto City. The home has been completely renovated, with a new concrete slab foundation, natural Japanese ash hardwood floors, all new plumbing and electrical, kitchen with 3-burner gas cooktop and grill, TOTO electric toilet, system bath, Japanese tsubo-niwa garden, new windows and drywall, new siding on end US$600MILLION+ RESORT CONDO DEVELOPMENT FOR NISEKO US$600million+ resort condo development for Niseko. Posted on October 21, 2020. Another week, another multi-billion Yen project announced for Niseko. Singapore-based Shenning Investments is developing a luxury Capella-branded resort in Niseko’s Hanazono district with a planned opening in 2024 ~ 2025. The total cost of the project has notbeen
TOKYO BAY CITY TOWER Tokyo Bay City Tower is located on a man-made island between Tamachi and Shinagawa Stations. The building was completed in August 2014. When new, apartments were priced from 59.8 ~ 73.2 million Yen, with an average price of around 1,050,000 Yen/sqm. IMPERIAL HOTEL TO BE REBUILT AFTER 2030 Imperial Hotel to be rebuilt after 2030. On March 16, the Yomiuri Shimbun newspaper reported that the Imperial Hotel in Tokyo is considering redeveloping their main hotel and neighboring office tower. This isn’t the first time rumors of redevelopment have been floated. Similar reports came out in early 2018 and late 2019. REAL ESTATE BROKERAGE FEES IN JAPAN The quoted brokerage fee of 3% + 60,000 Yen (plus tax) is an easier way to explain the real calculation for brokerage fees which is as follows: The first 2,000,000 Yen = 5% + tax. 2,000,000 – 4,000,000 Yen = 4% + tax. Over 4,000,000 Yen = 3% + tax. For example, the brokerage on a property purchased for 50,000,000 Yen is broken down asfollows:
RECLAIMED LAND IN JAPAN Reclaimed Land in Japan. Approximately 0.5% of Japan’s total area is estimated to be reclaimed land, or umetatechi . Some reclamation projects began as early as the 12th century, but it was post-WWII when the majority of land reclamation was undertaken. During Japan’s period of rapid economic growth following WWII, approximately 80~90%of
THE MOST EXPENSIVE HOMES FOR SALE IN TOKYO The most expensive homes for sale in Tokyo. Posted on March 18, 2016. Let’s take a quick look at the most expensive homes currently advertised for sale in Tokyo: 1,300,000,000 Yen (11.7 million USD) *Relisted in 2018 for 1,280,000,000 Yen. Location: Minami Aoyama, Minato-ku. House: 7-Bedrooms, 4 Bathrooms, 630 sqm (6,779 sq.ft) JAPAN PROPERTY CENTRAL Japan Property Central is a fully licensed, expat-owned real estate brokerage in Tokyo that works exclusively with buyers, including domestic and international investors and future home-owners. Contact us today to find your next property. VIEW ALL SALE LISTINGS ON MAP. SIX SENSES AND BANYAN TREE TO OPEN IN KYOTO IN 2024 Six Senses and Banyan Tree will both be opening luxury hotels in Kyoto’s Higashiyama district in 2024. Both hotels will be the first of their kind in Japan. The Six Senses site was originally Hotel Tozankaku and is across the street from the Four Seasons. SIX SENSES TO OPEN IN NISEKO Six Senses to open in Niseko. A Six Senses resort is coming to Niseko in 2024 ~ 2025. On April 8, the Hokkaido Shimbun newspaper reported that IHG Hotels & Resorts is planning the luxury hotel for the Hirafu district. The 100-room hotel will be 700 meters south-east of the Grand Hirafu ski slopes. Approximately 11,000 sqm of land has been TRADITIONAL JAPANESE HOMES FOR SALE ABOUT. This is a fully renovated traditional ‘machiya’ townhouse in central Kyoto City. The home has been completely renovated, with a new concrete slab foundation, natural Japanese ash hardwood floors, all new plumbing and electrical, kitchen with 3-burner gas cooktop and grill, TOTO electric toilet, system bath, Japanese tsubo-niwa garden, new windows and drywall, new siding on end US$600MILLION+ RESORT CONDO DEVELOPMENT FOR NISEKO US$600million+ resort condo development for Niseko. Posted on October 21, 2020. Another week, another multi-billion Yen project announced for Niseko. Singapore-based Shenning Investments is developing a luxury Capella-branded resort in Niseko’s Hanazono district with a planned opening in 2024 ~ 2025. The total cost of the project has notbeen
TOKYO BAY CITY TOWER Tokyo Bay City Tower is located on a man-made island between Tamachi and Shinagawa Stations. The building was completed in August 2014. When new, apartments were priced from 59.8 ~ 73.2 million Yen, with an average price of around 1,050,000 Yen/sqm. IMPERIAL HOTEL TO BE REBUILT AFTER 2030 Imperial Hotel to be rebuilt after 2030. On March 16, the Yomiuri Shimbun newspaper reported that the Imperial Hotel in Tokyo is considering redeveloping their main hotel and neighboring office tower. This isn’t the first time rumors of redevelopment have been floated. Similar reports came out in early 2018 and late 2019. REAL ESTATE BROKERAGE FEES IN JAPAN The quoted brokerage fee of 3% + 60,000 Yen (plus tax) is an easier way to explain the real calculation for brokerage fees which is as follows: The first 2,000,000 Yen = 5% + tax. 2,000,000 – 4,000,000 Yen = 4% + tax. Over 4,000,000 Yen = 3% + tax. For example, the brokerage on a property purchased for 50,000,000 Yen is broken down asfollows:
RECLAIMED LAND IN JAPAN Reclaimed Land in Japan. Approximately 0.5% of Japan’s total area is estimated to be reclaimed land, or umetatechi . Some reclamation projects began as early as the 12th century, but it was post-WWII when the majority of land reclamation was undertaken. During Japan’s period of rapid economic growth following WWII, approximately 80~90%of
THE MOST EXPENSIVE HOMES FOR SALE IN TOKYO The most expensive homes for sale in Tokyo. Posted on March 18, 2016. Let’s take a quick look at the most expensive homes currently advertised for sale in Tokyo: 1,300,000,000 Yen (11.7 million USD) *Relisted in 2018 for 1,280,000,000 Yen. Location: Minami Aoyama, Minato-ku. House: 7-Bedrooms, 4 Bathrooms, 630 sqm (6,779 sq.ft) BLOG – JAPAN PROPERTY CENTRAL Quick real estate news summary for the week. Posted on June 4, 2021. Goldman to double annual property acquisitions in Japan, real estate company flips Hewlett-Packard building to Singapore REIT, and Ascott buys three rental apartment buildings. Below is a quick weekly summary of some of the recent goings-on in the Japanese real estate market. TRADITIONAL JAPANESE HOMES FOR SALE KYOTO NIJO MACHIYA Built: 1902 / Fully renovated ¥49,000,000 TRADITIONAL HOME IN SHIBUYA Built: Unknown (earliest registration dates to 1936) ¥648,000,000 NAKAMEGURO TRADITIONAL JAPANESE HOUSE DAIWA UNVEILS ULTRA-LUXURY HOME OFFERING Daiwa House Industry has launched an ultra-luxury home option to their lineup. The Wood Residence MARE is designed by their in-house ZIZAIDesignOffice team.
TRADITIONAL JAPANESE HOMES FOR SALE ABOUT. This is a fully renovated traditional ‘machiya’ townhouse in central Kyoto City. The home has been completely renovated, with a new concrete slab foundation, natural Japanese ash hardwood floors, all new plumbing and electrical, kitchen with 3-burner gas cooktop and grill, TOTO electric toilet, system bath, Japanese tsubo-niwa garden, new windows and drywall, new siding on end IMPERIAL HOTEL CONFIRMS KYOTO PROJECT On May 12, the Imperial Hotel officially released plans for their luxury hotel project in Kyoto’s Gion district. This will be the fourth Imperial Hotel in Japan and the newest in almost three decades. PANDEMIC HASN’T SLOWED LUXURY HOTEL PROJECTS IN KYOTO The Four Seasons Hotel Residences Kyoto Despite tourism being on hold, luxury hotel brands continue to push ahead with developments in the historic city of Kyoto. Various heritage protection b TOKYO APARTMENT SALES IN MAY 2021 The following is a selection of apartments that were reported to have sold in central Tokyo during the month of May 2021:TOKYO TWIN PARKS
The 33 apartments on floors 45 ~ 47 are “The Sky House” premium apartments. It is located across from the Hamarikyuteien Park. The west side of the site is close to the Yamanote Line train tracks. It is about a 17 minute walk to the Ginza 4 Chome Crossing. When brand new in 2002, apartments were priced at approximately 1,180,000Yen/sqm.
HOUSE BUYING GUIDE
House prices: 180 million ~ 3 billion Yen+Land prices: 2,000,000 ~ 3,000,000 Yen/sqm+. This is a small and highly regarded residential enclave just behind Shibuya’s main shopping district. It is among the most expensive residential areas in Tokyo (and even Japan) and has some very large and private homes.SHIROKANE THE SKY
Shirokane The Sky is a 45-storey condominium under construction in the Shirokane neighborhood in central Tokyo. This is a large-scale redevelopment covering a 11,000 sqm site that sits on the southern side of the Tokyo expressway. This will be the largest condominium based on total unit count to have been supplied within Tokyo’sYamanote Line
JAPAN PROPERTY CENTRAL Japan Property Central is a fully licensed, expat-owned real estate brokerage in Tokyo that works exclusively with buyers, including domestic and international investors and future home-owners. Contact us today to find your next property. VIEW ALL SALE LISTINGS ON MAP. SIX SENSES AND BANYAN TREE TO OPEN IN KYOTO IN 2024 Six Senses and Banyan Tree will both be opening luxury hotels in Kyoto’s Higashiyama district in 2024. Both hotels will be the first of their kind in Japan. The Six Senses site was originally Hotel Tozankaku and is across the street from the Four Seasons. SIX SENSES TO OPEN IN NISEKO Six Senses to open in Niseko. A Six Senses resort is coming to Niseko in 2024 ~ 2025. On April 8, the Hokkaido Shimbun newspaper reported that IHG Hotels & Resorts is planning the luxury hotel for the Hirafu district. The 100-room hotel will be 700 meters south-east of the Grand Hirafu ski slopes. Approximately 11,000 sqm of land has beenHISTORIC PROPERTIES
The overgrown and long-abandoned Maya Kanko Hotel in Kobe will be registered as a Tangible Cultural Property. Discussions to register the historic property began in 2017, with the owner, non-profit organization J-Heritage, and an architectural US$600MILLION+ RESORT CONDO DEVELOPMENT FOR NISEKO US$600million+ resort condo development for Niseko. Posted on October 21, 2020. Another week, another multi-billion Yen project announced for Niseko. Singapore-based Shenning Investments is developing a luxury Capella-branded resort in Niseko’s Hanazono district with a planned opening in 2024 ~ 2025. The total cost of the project has notbeen
TOKYO BAY CITY TOWER Tokyo Bay City Tower is located on a man-made island between Tamachi and Shinagawa Stations. The building was completed in August 2014. When new, apartments were priced from 59.8 ~ 73.2 million Yen, with an average price of around 1,050,000 Yen/sqm. PARK MANSION MITA TSUNAMACHI THE FOREST Area: Mita, Minato-ku. CURRENT SALE LISTINGS. Park Mansion Mita Tsunamachi The Forest 8F. ABOUT. The first round of sales was held on July 26 ~ July 27, 2014. 80 apartments priced from 120 ~ 700 million Yen were offered for sale under a lottery-type system. All BUYING A MOUNTAIN IN JAPAN Buying a mountain in Japan. Generally speaking, whether you are Japanese or a foreigner, it is possible to buy and own mountainside forest in Japan. 70% of Japan is forest. According to the Forestry Agency, 40% of that is national forest, with the remaining 60% owned by private individuals and companies. There is a trend for companiesto buy
GUNMA PREFECTURE
A par-72, 18 hole hillside golf course is for sale in Gunma Prefecture. The property is spread over 66 hectares and is a 2 hr drive west of Tokyo. The grounds include a 4-storey clubhouse / hotel with an interior size of 5697sqm (61,300 sqft) and 37 rooms that can accommodate 150 guests. The golf club officially closed down in 2007and has not
THE MOST EXPENSIVE HOMES FOR SALE IN TOKYO The most expensive homes for sale in Tokyo. Posted on March 18, 2016. Let’s take a quick look at the most expensive homes currently advertised for sale in Tokyo: 1,300,000,000 Yen (11.7 million USD) *Relisted in 2018 for 1,280,000,000 Yen. Location: Minami Aoyama, Minato-ku. House: 7-Bedrooms, 4 Bathrooms, 630 sqm (6,779 sq.ft) JAPAN PROPERTY CENTRAL Japan Property Central is a fully licensed, expat-owned real estate brokerage in Tokyo that works exclusively with buyers, including domestic and international investors and future home-owners. Contact us today to find your next property. VIEW ALL SALE LISTINGS ON MAP. SIX SENSES AND BANYAN TREE TO OPEN IN KYOTO IN 2024 Six Senses and Banyan Tree will both be opening luxury hotels in Kyoto’s Higashiyama district in 2024. Both hotels will be the first of their kind in Japan. The Six Senses site was originally Hotel Tozankaku and is across the street from the Four Seasons. SIX SENSES TO OPEN IN NISEKO Six Senses to open in Niseko. A Six Senses resort is coming to Niseko in 2024 ~ 2025. On April 8, the Hokkaido Shimbun newspaper reported that IHG Hotels & Resorts is planning the luxury hotel for the Hirafu district. The 100-room hotel will be 700 meters south-east of the Grand Hirafu ski slopes. Approximately 11,000 sqm of land has beenHISTORIC PROPERTIES
The overgrown and long-abandoned Maya Kanko Hotel in Kobe will be registered as a Tangible Cultural Property. Discussions to register the historic property began in 2017, with the owner, non-profit organization J-Heritage, and an architectural US$600MILLION+ RESORT CONDO DEVELOPMENT FOR NISEKO US$600million+ resort condo development for Niseko. Posted on October 21, 2020. Another week, another multi-billion Yen project announced for Niseko. Singapore-based Shenning Investments is developing a luxury Capella-branded resort in Niseko’s Hanazono district with a planned opening in 2024 ~ 2025. The total cost of the project has notbeen
TOKYO BAY CITY TOWER Tokyo Bay City Tower is located on a man-made island between Tamachi and Shinagawa Stations. The building was completed in August 2014. When new, apartments were priced from 59.8 ~ 73.2 million Yen, with an average price of around 1,050,000 Yen/sqm. PARK MANSION MITA TSUNAMACHI THE FOREST Area: Mita, Minato-ku. CURRENT SALE LISTINGS. Park Mansion Mita Tsunamachi The Forest 8F. ABOUT. The first round of sales was held on July 26 ~ July 27, 2014. 80 apartments priced from 120 ~ 700 million Yen were offered for sale under a lottery-type system. All BUYING A MOUNTAIN IN JAPAN Buying a mountain in Japan. Generally speaking, whether you are Japanese or a foreigner, it is possible to buy and own mountainside forest in Japan. 70% of Japan is forest. According to the Forestry Agency, 40% of that is national forest, with the remaining 60% owned by private individuals and companies. There is a trend for companiesto buy
GUNMA PREFECTURE
A par-72, 18 hole hillside golf course is for sale in Gunma Prefecture. The property is spread over 66 hectares and is a 2 hr drive west of Tokyo. The grounds include a 4-storey clubhouse / hotel with an interior size of 5697sqm (61,300 sqft) and 37 rooms that can accommodate 150 guests. The golf club officially closed down in 2007and has not
THE MOST EXPENSIVE HOMES FOR SALE IN TOKYO The most expensive homes for sale in Tokyo. Posted on March 18, 2016. Let’s take a quick look at the most expensive homes currently advertised for sale in Tokyo: 1,300,000,000 Yen (11.7 million USD) *Relisted in 2018 for 1,280,000,000 Yen. Location: Minami Aoyama, Minato-ku. House: 7-Bedrooms, 4 Bathrooms, 630 sqm (6,779 sq.ft) IMPERIAL HOTEL CONFIRMS KYOTO PROJECT On May 12, the Imperial Hotel officially released plans for their luxury hotel project in Kyoto’s Gion district. This will be the fourth Imperial Hotel in Japan and the newest in almost three decades. DAIWA UNVEILS ULTRA-LUXURY HOME OFFERING Daiwa House Industry has launched an ultra-luxury home option to their lineup. The Wood Residence MARE is designed by their in-house ZIZAIDesignOffice team.
PANDEMIC HASN’T SLOWED LUXURY HOTEL PROJECTS IN KYOTO The Four Seasons Hotel Residences Kyoto Despite tourism being on hold, luxury hotel brands continue to push ahead with developments in the historic city of Kyoto. Various heritage protection bTOKYO TWIN PARKS
The 33 apartments on floors 45 ~ 47 are “The Sky House” premium apartments. It is located across from the Hamarikyuteien Park. The west side of the site is close to the Yamanote Line train tracks. It is about a 17 minute walk to the Ginza 4 Chome Crossing. When brand new in 2002, apartments were priced at approximately 1,180,000Yen/sqm.
SHIBUYA / SHOTO REAL ESTATE *Japan Property Central, K.K. is a fully licensed real estate agency. We are able to assist buyers with the purchase of real estate in Tokyo. Our fees to buyers are 3% + 60,000 Yen + consumption tax. TOKYO BAY CITY TOWER Tokyo Bay City Tower is located on a man-made island between Tamachi and Shinagawa Stations. The building was completed in August 2014. When new, apartments were priced from 59.8 ~ 73.2 million Yen, with an average price of around 1,050,000 Yen/sqm. CITY TOWER AZABU JUBAN City Tower Azabu Juban is a few minutes walk from the Azabu Juban Station area which is a popular restaurant spot for expats. The 129m tall building features JAPANESE CASTLES FOR SALE In April, the property was advertised for sale at a reduced starting price of 28,800,000 Yen (360,000 USD). Base Create was the only applicant, and based on their financials and business plan, their offer of 28,900,000 Yen was accepted. The new buyer plans to hire several local residents to help run the facilities. Read More. HOTEL NEWS – PAGE 21 – JAPAN PROPERTY CENTRAL Mori Trust announced that the Marriott International hotel group will open their first JW Marriott luxury branded hotel in Nara City in 2020. The JW Marriott Hotel Nara will be built on vacant land across the street from the Nara City Hall and near the former Heijo Palace–
REAL ESTATE NEWS
Tsuruga Holdings will be developing a luxury hot spring resort in Shikotsuko Onsen in Chitose, Hokkaido. The hotel group plans to demolish the existing Shikotsuko Hokkai Hotel and replace it with a 3-storey, 24-room hotel with completion scheduled for early 2018. JAPAN PROPERTY CENTRAL Japan Property Central is a fully licensed, expat-owned real estate brokerage in Tokyo that works exclusively with buyers, including domestic and international investors and future home-owners. Contact us today to find your next property. VIEW ALL SALE LISTINGS ON MAP. SIX SENSES AND BANYAN TREE TO OPEN IN KYOTO IN 2024 Six Senses and Banyan Tree will both be opening luxury hotels in Kyoto’s Higashiyama district in 2024. Both hotels will be the first of their kind in Japan. The Six Senses site was originally Hotel Tozankaku and is across the street from the Four Seasons. SIX SENSES TO OPEN IN NISEKO Six Senses to open in Niseko. A Six Senses resort is coming to Niseko in 2024 ~ 2025. On April 8, the Hokkaido Shimbun newspaper reported that IHG Hotels & Resorts is planning the luxury hotel for the Hirafu district. The 100-room hotel will be 700 meters south-east of the Grand Hirafu ski slopes. Approximately 11,000 sqm of land has beenPARK TOWER HARUMI
Park Tower Harumi. Price when new: 46 ~ 230 million Yen (1,000,000 Yen/sqm) Size range: 42.53 ~ 121.16 sqm (458 ~ 1,304 sq.ft) Area: Harumi, Chuo-ku. ABOUT. Sales began in June 2017. Park Tower Harumi is a 48-storey high-rise apartment building under construction on the man-made island of Harumi in Tokyo Bay. Mitsui Fudosan Residentialacquired
GUNMA PREFECTURE
A par-72, 18 hole hillside golf course is for sale in Gunma Prefecture. The property is spread over 66 hectares and is a 2 hr drive west of Tokyo. The grounds include a 4-storey clubhouse / hotel with an interior size of 5697sqm (61,300 sqft) and 37 rooms that can accommodate 150 guests. The golf club officially closed down in 2007and has not
PARK MANSION MITA TSUNAMACHI THE FOREST Area: Mita, Minato-ku. CURRENT SALE LISTINGS. Park Mansion Mita Tsunamachi The Forest 8F. ABOUT. The first round of sales was held on July 26 ~ July 27, 2014. 80 apartments priced from 120 ~ 700 million Yen were offered for sale under a lottery-type system. All RECLAIMED LAND IN JAPAN Reclaimed Land in Japan. Approximately 0.5% of Japan’s total area is estimated to be reclaimed land, or umetatechi . Some reclamation projects began as early as the 12th century, but it was post-WWII when the majority of land reclamation was undertaken. During Japan’s period of rapid economic growth following WWII, approximately 80~90%of
BUYING A MOUNTAIN IN JAPAN Buying a mountain in Japan. Generally speaking, whether you are Japanese or a foreigner, it is possible to buy and own mountainside forest in Japan. 70% of Japan is forest. According to the Forestry Agency, 40% of that is national forest, with the remaining 60% owned by private individuals and companies. There is a trend for companiesto buy
THE MOST EXPENSIVE HOMES FOR SALE IN TOKYO The most expensive homes for sale in Tokyo. Posted on March 18, 2016. Let’s take a quick look at the most expensive homes currently advertised for sale in Tokyo: 1,300,000,000 Yen (11.7 million USD) *Relisted in 2018 for 1,280,000,000 Yen. Location: Minami Aoyama, Minato-ku. House: 7-Bedrooms, 4 Bathrooms, 630 sqm (6,779 sq.ft) APARTMENT MANAGEMENT AND REPAIR FUND FEES The general criterion for management fees is around 200 Yen/sqm per month and another 200 Yen/sqm per month for repair fund fees. This would amount to 40,000 Yen/month for a 100 sqm apartment. Many people might think that 40,000 Yen/month is too high, so it is not uncommon to find that the repair fund fees are lowered to around 100 Yen/sqm. JAPAN PROPERTY CENTRAL Japan Property Central is a fully licensed, expat-owned real estate brokerage in Tokyo that works exclusively with buyers, including domestic and international investors and future home-owners. Contact us today to find your next property. VIEW ALL SALE LISTINGS ON MAP. SIX SENSES AND BANYAN TREE TO OPEN IN KYOTO IN 2024 Six Senses and Banyan Tree will both be opening luxury hotels in Kyoto’s Higashiyama district in 2024. Both hotels will be the first of their kind in Japan. The Six Senses site was originally Hotel Tozankaku and is across the street from the Four Seasons. SIX SENSES TO OPEN IN NISEKO Six Senses to open in Niseko. A Six Senses resort is coming to Niseko in 2024 ~ 2025. On April 8, the Hokkaido Shimbun newspaper reported that IHG Hotels & Resorts is planning the luxury hotel for the Hirafu district. The 100-room hotel will be 700 meters south-east of the Grand Hirafu ski slopes. Approximately 11,000 sqm of land has beenPARK TOWER HARUMI
Park Tower Harumi. Price when new: 46 ~ 230 million Yen (1,000,000 Yen/sqm) Size range: 42.53 ~ 121.16 sqm (458 ~ 1,304 sq.ft) Area: Harumi, Chuo-ku. ABOUT. Sales began in June 2017. Park Tower Harumi is a 48-storey high-rise apartment building under construction on the man-made island of Harumi in Tokyo Bay. Mitsui Fudosan Residentialacquired
GUNMA PREFECTURE
A par-72, 18 hole hillside golf course is for sale in Gunma Prefecture. The property is spread over 66 hectares and is a 2 hr drive west of Tokyo. The grounds include a 4-storey clubhouse / hotel with an interior size of 5697sqm (61,300 sqft) and 37 rooms that can accommodate 150 guests. The golf club officially closed down in 2007and has not
PARK MANSION MITA TSUNAMACHI THE FOREST Area: Mita, Minato-ku. CURRENT SALE LISTINGS. Park Mansion Mita Tsunamachi The Forest 8F. ABOUT. The first round of sales was held on July 26 ~ July 27, 2014. 80 apartments priced from 120 ~ 700 million Yen were offered for sale under a lottery-type system. All RECLAIMED LAND IN JAPAN Reclaimed Land in Japan. Approximately 0.5% of Japan’s total area is estimated to be reclaimed land, or umetatechi . Some reclamation projects began as early as the 12th century, but it was post-WWII when the majority of land reclamation was undertaken. During Japan’s period of rapid economic growth following WWII, approximately 80~90%of
BUYING A MOUNTAIN IN JAPAN Buying a mountain in Japan. Generally speaking, whether you are Japanese or a foreigner, it is possible to buy and own mountainside forest in Japan. 70% of Japan is forest. According to the Forestry Agency, 40% of that is national forest, with the remaining 60% owned by private individuals and companies. There is a trend for companiesto buy
THE MOST EXPENSIVE HOMES FOR SALE IN TOKYO The most expensive homes for sale in Tokyo. Posted on March 18, 2016. Let’s take a quick look at the most expensive homes currently advertised for sale in Tokyo: 1,300,000,000 Yen (11.7 million USD) *Relisted in 2018 for 1,280,000,000 Yen. Location: Minami Aoyama, Minato-ku. House: 7-Bedrooms, 4 Bathrooms, 630 sqm (6,779 sq.ft) APARTMENT MANAGEMENT AND REPAIR FUND FEES The general criterion for management fees is around 200 Yen/sqm per month and another 200 Yen/sqm per month for repair fund fees. This would amount to 40,000 Yen/month for a 100 sqm apartment. Many people might think that 40,000 Yen/month is too high, so it is not uncommon to find that the repair fund fees are lowered to around 100 Yen/sqm. PANDEMIC HASN’T SLOWED LUXURY HOTEL PROJECTS IN KYOTO The Four Seasons Hotel Residences Kyoto Despite tourism being on hold, luxury hotel brands continue to push ahead with developments in the historic city of Kyoto. Various heritage protection b BLOG – JAPAN PROPERTY CENTRAL New apartment prices in Tokyo jump 43% in April. The average price of a brand-new apartment across greater Tokyo in April reached 77,640,000 Yen, a 24.9% increase from last year and the second-highest price seen since the asset bubble era of the late 1980s ~ early 1990s. TOKYO APARTMENT SALES IN MAY 2021 The following is a selection of apartments that were reported to have sold in central Tokyo during the month of May 2021:HISTORIC PROPERTIES
The overgrown and long-abandoned Maya Kanko Hotel in Kobe will be registered as a Tangible Cultural Property. Discussions to register the historic property began in 2017, with the owner, non-profit organization J-Heritage, and an architecturalTOKYO TWIN PARKS
The 33 apartments on floors 45 ~ 47 are “The Sky House” premium apartments. It is located across from the Hamarikyuteien Park. The west side of the site is close to the Yamanote Line train tracks. It is about a 17 minute walk to the Ginza 4 Chome Crossing. When brand new in 2002, apartments were priced at approximately 1,180,000Yen/sqm.
TOKYO BAY CITY TOWER Tokyo Bay City Tower is located on a man-made island between Tamachi and Shinagawa Stations. The building was completed in August 2014. When new, apartments were priced from 59.8 ~ 73.2 million Yen, with an average price of around 1,050,000 Yen/sqm.SHIROKANE THE SKY
Shirokane The Sky is a 45-storey condominium under construction in the Shirokane neighborhood in central Tokyo. This is a large-scale redevelopment covering a 11,000 sqm site that sits on the southern side of the Tokyo expressway. This will be the largest condominium based on total unit count to have been supplied within Tokyo’sYamanote Line
REAL ESTATE BROKERAGE FEES IN JAPAN The quoted brokerage fee of 3% + 60,000 Yen (plus tax) is an easier way to explain the real calculation for brokerage fees which is as follows: The first 2,000,000 Yen = 5% + tax. 2,000,000 – 4,000,000 Yen = 4% + tax. Over 4,000,000 Yen = 3% + tax. For example, the brokerage on a property purchased for 50,000,000 Yen is broken down asfollows:
HOTEL NEWS – PAGE 26 – JAPAN PROPERTY CENTRAL Niseko Kogen Kanko, a subsidiary of Tokyu Land, announced that they will be selling the Niseko Kogen Hotel to an undisclosed buyer for just over 1 billion Yen. HOTEL NEWS – PAGE 25 – JAPAN PROPERTY CENTRAL Thai property developer Property Perfect has invested 770 million baht (approximately 1.9 billion Yen, or 24 million USD) in the takeover of the relatively unknown Kiroro Ski Resort, 43km west of Sapporo, fromMitsui Real Estate.
JAPAN PROPERTY CENTRAL Japan Property Central is a fully licensed, expat-owned real estate brokerage in Tokyo that works exclusively with buyers, including domestic and international investors and future home-owners. Contact us today to find your next property. VIEW ALL SALE LISTINGS ON MAP. SIX SENSES AND BANYAN TREE TO OPEN IN KYOTO IN 2024 Six Senses and Banyan Tree will both be opening luxury hotels in Kyoto’s Higashiyama district in 2024. Both hotels will be the first of their kind in Japan. The Six Senses site was originally Hotel Tozankaku and is across the street from the Four Seasons. SIX SENSES TO OPEN IN NISEKO Six Senses to open in Niseko. A Six Senses resort is coming to Niseko in 2024 ~ 2025. On April 8, the Hokkaido Shimbun newspaper reported that IHG Hotels & Resorts is planning the luxury hotel for the Hirafu district. The 100-room hotel will be 700 meters south-east of the Grand Hirafu ski slopes. Approximately 11,000 sqm of land has beenPARK TOWER HARUMI
Park Tower Harumi. Price when new: 46 ~ 230 million Yen (1,000,000 Yen/sqm) Size range: 42.53 ~ 121.16 sqm (458 ~ 1,304 sq.ft) Area: Harumi, Chuo-ku. ABOUT. Sales began in June 2017. Park Tower Harumi is a 48-storey high-rise apartment building under construction on the man-made island of Harumi in Tokyo Bay. Mitsui Fudosan Residentialacquired
GUNMA PREFECTURE
A par-72, 18 hole hillside golf course is for sale in Gunma Prefecture. The property is spread over 66 hectares and is a 2 hr drive west of Tokyo. The grounds include a 4-storey clubhouse / hotel with an interior size of 5697sqm (61,300 sqft) and 37 rooms that can accommodate 150 guests. The golf club officially closed down in 2007and has not
PARK MANSION MITA TSUNAMACHI THE FOREST Area: Mita, Minato-ku. CURRENT SALE LISTINGS. Park Mansion Mita Tsunamachi The Forest 8F. ABOUT. The first round of sales was held on July 26 ~ July 27, 2014. 80 apartments priced from 120 ~ 700 million Yen were offered for sale under a lottery-type system. All RECLAIMED LAND IN JAPAN Reclaimed Land in Japan. Approximately 0.5% of Japan’s total area is estimated to be reclaimed land, or umetatechi . Some reclamation projects began as early as the 12th century, but it was post-WWII when the majority of land reclamation was undertaken. During Japan’s period of rapid economic growth following WWII, approximately 80~90%of
BUYING A MOUNTAIN IN JAPAN Buying a mountain in Japan. Generally speaking, whether you are Japanese or a foreigner, it is possible to buy and own mountainside forest in Japan. 70% of Japan is forest. According to the Forestry Agency, 40% of that is national forest, with the remaining 60% owned by private individuals and companies. There is a trend for companiesto buy
THE MOST EXPENSIVE HOMES FOR SALE IN TOKYO The most expensive homes for sale in Tokyo. Posted on March 18, 2016. Let’s take a quick look at the most expensive homes currently advertised for sale in Tokyo: 1,300,000,000 Yen (11.7 million USD) *Relisted in 2018 for 1,280,000,000 Yen. Location: Minami Aoyama, Minato-ku. House: 7-Bedrooms, 4 Bathrooms, 630 sqm (6,779 sq.ft) APARTMENT MANAGEMENT AND REPAIR FUND FEES The general criterion for management fees is around 200 Yen/sqm per month and another 200 Yen/sqm per month for repair fund fees. This would amount to 40,000 Yen/month for a 100 sqm apartment. Many people might think that 40,000 Yen/month is too high, so it is not uncommon to find that the repair fund fees are lowered to around 100 Yen/sqm. JAPAN PROPERTY CENTRAL Japan Property Central is a fully licensed, expat-owned real estate brokerage in Tokyo that works exclusively with buyers, including domestic and international investors and future home-owners. Contact us today to find your next property. VIEW ALL SALE LISTINGS ON MAP. SIX SENSES AND BANYAN TREE TO OPEN IN KYOTO IN 2024 Six Senses and Banyan Tree will both be opening luxury hotels in Kyoto’s Higashiyama district in 2024. Both hotels will be the first of their kind in Japan. The Six Senses site was originally Hotel Tozankaku and is across the street from the Four Seasons. SIX SENSES TO OPEN IN NISEKO Six Senses to open in Niseko. A Six Senses resort is coming to Niseko in 2024 ~ 2025. On April 8, the Hokkaido Shimbun newspaper reported that IHG Hotels & Resorts is planning the luxury hotel for the Hirafu district. The 100-room hotel will be 700 meters south-east of the Grand Hirafu ski slopes. Approximately 11,000 sqm of land has beenPARK TOWER HARUMI
Park Tower Harumi. Price when new: 46 ~ 230 million Yen (1,000,000 Yen/sqm) Size range: 42.53 ~ 121.16 sqm (458 ~ 1,304 sq.ft) Area: Harumi, Chuo-ku. ABOUT. Sales began in June 2017. Park Tower Harumi is a 48-storey high-rise apartment building under construction on the man-made island of Harumi in Tokyo Bay. Mitsui Fudosan Residentialacquired
GUNMA PREFECTURE
A par-72, 18 hole hillside golf course is for sale in Gunma Prefecture. The property is spread over 66 hectares and is a 2 hr drive west of Tokyo. The grounds include a 4-storey clubhouse / hotel with an interior size of 5697sqm (61,300 sqft) and 37 rooms that can accommodate 150 guests. The golf club officially closed down in 2007and has not
PARK MANSION MITA TSUNAMACHI THE FOREST Area: Mita, Minato-ku. CURRENT SALE LISTINGS. Park Mansion Mita Tsunamachi The Forest 8F. ABOUT. The first round of sales was held on July 26 ~ July 27, 2014. 80 apartments priced from 120 ~ 700 million Yen were offered for sale under a lottery-type system. All RECLAIMED LAND IN JAPAN Reclaimed Land in Japan. Approximately 0.5% of Japan’s total area is estimated to be reclaimed land, or umetatechi . Some reclamation projects began as early as the 12th century, but it was post-WWII when the majority of land reclamation was undertaken. During Japan’s period of rapid economic growth following WWII, approximately 80~90%of
BUYING A MOUNTAIN IN JAPAN Buying a mountain in Japan. Generally speaking, whether you are Japanese or a foreigner, it is possible to buy and own mountainside forest in Japan. 70% of Japan is forest. According to the Forestry Agency, 40% of that is national forest, with the remaining 60% owned by private individuals and companies. There is a trend for companiesto buy
THE MOST EXPENSIVE HOMES FOR SALE IN TOKYO The most expensive homes for sale in Tokyo. Posted on March 18, 2016. Let’s take a quick look at the most expensive homes currently advertised for sale in Tokyo: 1,300,000,000 Yen (11.7 million USD) *Relisted in 2018 for 1,280,000,000 Yen. Location: Minami Aoyama, Minato-ku. House: 7-Bedrooms, 4 Bathrooms, 630 sqm (6,779 sq.ft) APARTMENT MANAGEMENT AND REPAIR FUND FEES The general criterion for management fees is around 200 Yen/sqm per month and another 200 Yen/sqm per month for repair fund fees. This would amount to 40,000 Yen/month for a 100 sqm apartment. Many people might think that 40,000 Yen/month is too high, so it is not uncommon to find that the repair fund fees are lowered to around 100 Yen/sqm. PANDEMIC HASN’T SLOWED LUXURY HOTEL PROJECTS IN KYOTO The Four Seasons Hotel Residences Kyoto Despite tourism being on hold, luxury hotel brands continue to push ahead with developments in the historic city of Kyoto. Various heritage protection b BLOG – JAPAN PROPERTY CENTRAL New apartment prices in Tokyo jump 43% in April. The average price of a brand-new apartment across greater Tokyo in April reached 77,640,000 Yen, a 24.9% increase from last year and the second-highest price seen since the asset bubble era of the late 1980s ~ early 1990s. TOKYO APARTMENT SALES IN MAY 2021 The following is a selection of apartments that were reported to have sold in central Tokyo during the month of May 2021:HISTORIC PROPERTIES
The overgrown and long-abandoned Maya Kanko Hotel in Kobe will be registered as a Tangible Cultural Property. Discussions to register the historic property began in 2017, with the owner, non-profit organization J-Heritage, and an architecturalTOKYO TWIN PARKS
The 33 apartments on floors 45 ~ 47 are “The Sky House” premium apartments. It is located across from the Hamarikyuteien Park. The west side of the site is close to the Yamanote Line train tracks. It is about a 17 minute walk to the Ginza 4 Chome Crossing. When brand new in 2002, apartments were priced at approximately 1,180,000Yen/sqm.
TOKYO BAY CITY TOWER Tokyo Bay City Tower is located on a man-made island between Tamachi and Shinagawa Stations. The building was completed in August 2014. When new, apartments were priced from 59.8 ~ 73.2 million Yen, with an average price of around 1,050,000 Yen/sqm.SHIROKANE THE SKY
Shirokane The Sky is a 45-storey condominium under construction in the Shirokane neighborhood in central Tokyo. This is a large-scale redevelopment covering a 11,000 sqm site that sits on the southern side of the Tokyo expressway. This will be the largest condominium based on total unit count to have been supplied within Tokyo’sYamanote Line
REAL ESTATE BROKERAGE FEES IN JAPAN The quoted brokerage fee of 3% + 60,000 Yen (plus tax) is an easier way to explain the real calculation for brokerage fees which is as follows: The first 2,000,000 Yen = 5% + tax. 2,000,000 – 4,000,000 Yen = 4% + tax. Over 4,000,000 Yen = 3% + tax. For example, the brokerage on a property purchased for 50,000,000 Yen is broken down asfollows:
HOTEL NEWS – PAGE 26 – JAPAN PROPERTY CENTRAL Niseko Kogen Kanko, a subsidiary of Tokyu Land, announced that they will be selling the Niseko Kogen Hotel to an undisclosed buyer for just over 1 billion Yen. HOTEL NEWS – PAGE 25 – JAPAN PROPERTY CENTRAL Thai property developer Property Perfect has invested 770 million baht (approximately 1.9 billion Yen, or 24 million USD) in the takeover of the relatively unknown Kiroro Ski Resort, 43km west of Sapporo, fromMitsui Real Estate.
JAPAN PROPERTY CENTRAL Japan Property Central is a fully licensed, expat-owned real estate brokerage in Tokyo that works exclusively with buyers, including domestic and international investors and future home-owners. Contact us today to find your next property. VIEW ALL SALE LISTINGS ON MAP. SIX SENSES AND BANYAN TREE TO OPEN IN KYOTO IN 2024 Six Senses and Banyan Tree will both be opening luxury hotels in Kyoto’s Higashiyama district in 2024. Both hotels will be the first of their kind in Japan. The Six Senses site was originally Hotel Tozankaku and is across the street from the Four Seasons. SIX SENSES TO OPEN IN NISEKO Six Senses to open in Niseko. A Six Senses resort is coming to Niseko in 2024 ~ 2025. On April 8, the Hokkaido Shimbun newspaper reported that IHG Hotels & Resorts is planning the luxury hotel for the Hirafu district. The 100-room hotel will be 700 meters south-east of the Grand Hirafu ski slopes. Approximately 11,000 sqm of land has beenPARK TOWER HARUMI
Park Tower Harumi. Price when new: 46 ~ 230 million Yen (1,000,000 Yen/sqm) Size range: 42.53 ~ 121.16 sqm (458 ~ 1,304 sq.ft) Area: Harumi, Chuo-ku. ABOUT. Sales began in June 2017. Park Tower Harumi is a 48-storey high-rise apartment building under construction on the man-made island of Harumi in Tokyo Bay. Mitsui Fudosan Residentialacquired
GUNMA PREFECTURE
A par-72, 18 hole hillside golf course is for sale in Gunma Prefecture. The property is spread over 66 hectares and is a 2 hr drive west of Tokyo. The grounds include a 4-storey clubhouse / hotel with an interior size of 5697sqm (61,300 sqft) and 37 rooms that can accommodate 150 guests. The golf club officially closed down in 2007and has not
PARK MANSION MITA TSUNAMACHI THE FOREST Area: Mita, Minato-ku. CURRENT SALE LISTINGS. Park Mansion Mita Tsunamachi The Forest 8F. ABOUT. The first round of sales was held on July 26 ~ July 27, 2014. 80 apartments priced from 120 ~ 700 million Yen were offered for sale under a lottery-type system. All RECLAIMED LAND IN JAPAN Reclaimed Land in Japan. Approximately 0.5% of Japan’s total area is estimated to be reclaimed land, or umetatechi . Some reclamation projects began as early as the 12th century, but it was post-WWII when the majority of land reclamation was undertaken. During Japan’s period of rapid economic growth following WWII, approximately 80~90%of
BUYING A MOUNTAIN IN JAPAN Buying a mountain in Japan. Generally speaking, whether you are Japanese or a foreigner, it is possible to buy and own mountainside forest in Japan. 70% of Japan is forest. According to the Forestry Agency, 40% of that is national forest, with the remaining 60% owned by private individuals and companies. There is a trend for companiesto buy
THE MOST EXPENSIVE HOMES FOR SALE IN TOKYO The most expensive homes for sale in Tokyo. Posted on March 18, 2016. Let’s take a quick look at the most expensive homes currently advertised for sale in Tokyo: 1,300,000,000 Yen (11.7 million USD) *Relisted in 2018 for 1,280,000,000 Yen. Location: Minami Aoyama, Minato-ku. House: 7-Bedrooms, 4 Bathrooms, 630 sqm (6,779 sq.ft) APARTMENT MANAGEMENT AND REPAIR FUND FEES The general criterion for management fees is around 200 Yen/sqm per month and another 200 Yen/sqm per month for repair fund fees. This would amount to 40,000 Yen/month for a 100 sqm apartment. Many people might think that 40,000 Yen/month is too high, so it is not uncommon to find that the repair fund fees are lowered to around 100 Yen/sqm. JAPAN PROPERTY CENTRAL Japan Property Central is a fully licensed, expat-owned real estate brokerage in Tokyo that works exclusively with buyers, including domestic and international investors and future home-owners. Contact us today to find your next property. VIEW ALL SALE LISTINGS ON MAP. SIX SENSES AND BANYAN TREE TO OPEN IN KYOTO IN 2024 Six Senses and Banyan Tree will both be opening luxury hotels in Kyoto’s Higashiyama district in 2024. Both hotels will be the first of their kind in Japan. The Six Senses site was originally Hotel Tozankaku and is across the street from the Four Seasons. SIX SENSES TO OPEN IN NISEKO Six Senses to open in Niseko. A Six Senses resort is coming to Niseko in 2024 ~ 2025. On April 8, the Hokkaido Shimbun newspaper reported that IHG Hotels & Resorts is planning the luxury hotel for the Hirafu district. The 100-room hotel will be 700 meters south-east of the Grand Hirafu ski slopes. Approximately 11,000 sqm of land has beenPARK TOWER HARUMI
Park Tower Harumi. Price when new: 46 ~ 230 million Yen (1,000,000 Yen/sqm) Size range: 42.53 ~ 121.16 sqm (458 ~ 1,304 sq.ft) Area: Harumi, Chuo-ku. ABOUT. Sales began in June 2017. Park Tower Harumi is a 48-storey high-rise apartment building under construction on the man-made island of Harumi in Tokyo Bay. Mitsui Fudosan Residentialacquired
GUNMA PREFECTURE
A par-72, 18 hole hillside golf course is for sale in Gunma Prefecture. The property is spread over 66 hectares and is a 2 hr drive west of Tokyo. The grounds include a 4-storey clubhouse / hotel with an interior size of 5697sqm (61,300 sqft) and 37 rooms that can accommodate 150 guests. The golf club officially closed down in 2007and has not
PARK MANSION MITA TSUNAMACHI THE FOREST Area: Mita, Minato-ku. CURRENT SALE LISTINGS. Park Mansion Mita Tsunamachi The Forest 8F. ABOUT. The first round of sales was held on July 26 ~ July 27, 2014. 80 apartments priced from 120 ~ 700 million Yen were offered for sale under a lottery-type system. All RECLAIMED LAND IN JAPAN Reclaimed Land in Japan. Approximately 0.5% of Japan’s total area is estimated to be reclaimed land, or umetatechi . Some reclamation projects began as early as the 12th century, but it was post-WWII when the majority of land reclamation was undertaken. During Japan’s period of rapid economic growth following WWII, approximately 80~90%of
BUYING A MOUNTAIN IN JAPAN Buying a mountain in Japan. Generally speaking, whether you are Japanese or a foreigner, it is possible to buy and own mountainside forest in Japan. 70% of Japan is forest. According to the Forestry Agency, 40% of that is national forest, with the remaining 60% owned by private individuals and companies. There is a trend for companiesto buy
THE MOST EXPENSIVE HOMES FOR SALE IN TOKYO The most expensive homes for sale in Tokyo. Posted on March 18, 2016. Let’s take a quick look at the most expensive homes currently advertised for sale in Tokyo: 1,300,000,000 Yen (11.7 million USD) *Relisted in 2018 for 1,280,000,000 Yen. Location: Minami Aoyama, Minato-ku. House: 7-Bedrooms, 4 Bathrooms, 630 sqm (6,779 sq.ft) APARTMENT MANAGEMENT AND REPAIR FUND FEES The general criterion for management fees is around 200 Yen/sqm per month and another 200 Yen/sqm per month for repair fund fees. This would amount to 40,000 Yen/month for a 100 sqm apartment. Many people might think that 40,000 Yen/month is too high, so it is not uncommon to find that the repair fund fees are lowered to around 100 Yen/sqm. PANDEMIC HASN’T SLOWED LUXURY HOTEL PROJECTS IN KYOTO The Four Seasons Hotel Residences Kyoto Despite tourism being on hold, luxury hotel brands continue to push ahead with developments in the historic city of Kyoto. Various heritage protection b BLOG – JAPAN PROPERTY CENTRAL New apartment prices in Tokyo jump 43% in April. The average price of a brand-new apartment across greater Tokyo in April reached 77,640,000 Yen, a 24.9% increase from last year and the second-highest price seen since the asset bubble era of the late 1980s ~ early 1990s. TOKYO APARTMENT SALES IN MAY 2021 The following is a selection of apartments that were reported to have sold in central Tokyo during the month of May 2021:HISTORIC PROPERTIES
The overgrown and long-abandoned Maya Kanko Hotel in Kobe will be registered as a Tangible Cultural Property. Discussions to register the historic property began in 2017, with the owner, non-profit organization J-Heritage, and an architecturalTOKYO TWIN PARKS
The 33 apartments on floors 45 ~ 47 are “The Sky House” premium apartments. It is located across from the Hamarikyuteien Park. The west side of the site is close to the Yamanote Line train tracks. It is about a 17 minute walk to the Ginza 4 Chome Crossing. When brand new in 2002, apartments were priced at approximately 1,180,000Yen/sqm.
TOKYO BAY CITY TOWER Tokyo Bay City Tower is located on a man-made island between Tamachi and Shinagawa Stations. The building was completed in August 2014. When new, apartments were priced from 59.8 ~ 73.2 million Yen, with an average price of around 1,050,000 Yen/sqm.SHIROKANE THE SKY
Shirokane The Sky is a 45-storey condominium under construction in the Shirokane neighborhood in central Tokyo. This is a large-scale redevelopment covering a 11,000 sqm site that sits on the southern side of the Tokyo expressway. This will be the largest condominium based on total unit count to have been supplied within Tokyo’sYamanote Line
REAL ESTATE BROKERAGE FEES IN JAPAN The quoted brokerage fee of 3% + 60,000 Yen (plus tax) is an easier way to explain the real calculation for brokerage fees which is as follows: The first 2,000,000 Yen = 5% + tax. 2,000,000 – 4,000,000 Yen = 4% + tax. Over 4,000,000 Yen = 3% + tax. For example, the brokerage on a property purchased for 50,000,000 Yen is broken down asfollows:
HOTEL NEWS – PAGE 26 – JAPAN PROPERTY CENTRAL Niseko Kogen Kanko, a subsidiary of Tokyu Land, announced that they will be selling the Niseko Kogen Hotel to an undisclosed buyer for just over 1 billion Yen. HOTEL NEWS – PAGE 25 – JAPAN PROPERTY CENTRAL Thai property developer Property Perfect has invested 770 million baht (approximately 1.9 billion Yen, or 24 million USD) in the takeover of the relatively unknown Kiroro Ski Resort, 43km west of Sapporo, fromMitsui Real Estate.
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Copyright © 2020 Japan Property Central KK. All rights reserved. WELCOME TO JAPAN PROPERTY CENTRAL Japan Property Central is a fully licensed, expat-owned real estate brokerage in Tokyo that works exclusively with buyers, including domestic and international investors and future home-owners. Contact us today to find your next property. VIEW ALL SALE LISTINGS ON MAP ------------------------- LATEST REAL ESTATE NEWS: * Derelict condo-hotel in Sendai to be demolished * 180-meter tall office tower planned for Omotesando * 2020 Office supply in Tokyo reaches 2nd highest level in history * Number of registered short-term accommodations drop for first time * Nationwide average apartment price drops for first time since 2012 * 1,001 room hotel planned for Niigata * New apartment sales in Tokyo reach 47-year low * Heritage-listed ryokan in Chiba to close and be demolished * Hakodate City looking to sell former Russian Consulate * Japan hotel bankruptcies top 25 in AprilREAD MORE >
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2020-06-02
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2020-06-02
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La Vogue Minami Aoyama 11F2020-05-31
SOLD
Hirakawacho Mori Tower Residence 15F2020-05-30
PRICE REDUCTION
Park House Kagurazaka Urbance 5F2020-05-30
PRICE REDUCTION
The Residence Roppongi 5F2020-05-30
PRICE REDUCTION
Minami Aoyama 2-9 House2020-05-30
PRICE REDUCTION
Imperial Akasaka Ichibankan 6F2020-05-29
SOLD
Cesar Meguro 10F
2020-05-29
UNDER OFFER
Yoyogi New Heights 5F2020-05-29
PRICE REDUCTION
Park Court Azabujuban The Tower 15F2020-05-27
SOLD
Sancha House 1F-2F
2020-05-27
PRICE REDUCTION
The Court Jingu-Gaien 10F2020-05-27
SOLD
GAP House
2020-05-26
UNDER OFFER
Park Court Akasaka The Tower 17F2020-05-25
UNDER OFFER
Cesar Meguro 10F
2020-05-24
NEW LISTING
Open Residencia Omotesando Jingumae The House Penthouse2020-05-23
NEW LISTING
The Court Jingu-Gaien 17F2020-05-23
NEW LISTING
Ebisu City House 11F2020-05-22
PRICE REDUCTION
Sunwood Mita Parkside Tower 23F2020-05-22
NEW LISTING
Proud Ebisu Hillside Garden 2F2020-05-19
PRICE REDUCTION
The Court Jingu-Gaien 4F2020-05-19
PRICE REDUCTION
Sunview Heights Minami Aoyama 1F2020-05-19
PRICE REDUCTION
Nanpeidai House 4F
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