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Cost of building a house in Japan – Here are the land & construction costs by prefecture

The costs of a custom-built-home in Japan can roughly be divided into two main categories: the cost of buying the land and the construction costs. Here are the costs of building a house in Japan, based on the nationwide average... More

Where foreigners are looking to buy homes outside Tokyo – November 2021 Edition

This month on Real Estate Japan, we’re continuing to see strong buyer interest in For Sale properties throughout the country, with inquiries showing a year-on-year increase. The majority of searches and inquires are focused on Tokyo, but there are also many... More

How much does an apartment cost in Tokyo – November 2021 Update

The average sales price of a newly constructed apartment in the greater Tokyo region was ¥67,500,000 ($596,000 USD) in October. This was a year-on-year increase of 10.1% and up 2.5% compared to September. The average sales price per square meter... More

Special Treatment for Residential Property Taxes to be Terminated in FY2022

The Japanese government plans to terminate in 2022 a special measure to alleviate property taxes for homeowners that was put in place this year to help people affected by the coronavirus-led economic downturn. In Japan fixed asset taxes (or property... More

Where foreigners are looking to buy homes outside Tokyo – October 2021 Edition

This month on Real Estate Japan, we’re continuing to see strong buyer interest in For Sale properties throughout the country. The majority of searches and inquires are focused on Tokyo, but there are also many buyers searching in regional cities, especially... More

How much does an apartment cost in Tokyo – October 2021 Update

The average sales price of a newly constructed apartment in the greater Tokyo region was ¥65,840,000 ($578,000 USD) in September. This was a year-on-year increase of 13.3%. The average sales price per square meter was ¥989,000 ($8,674 USD), up 12.8%... More

How much does an apartment cost in Osaka – October 2021 Update

The average sales price of a newly constructed apartment in the city of Osaka was ¥40,820,000 ($359,000 USD) in September. This was a year-on-year drop of 29.7% but the average sales price per square meter was about flat year-on-year at... More