Market Trends
Japan Land Prices Mark First Rise in 27 Years, Driven by Inbound Tourism
The average price of land in Japan climbed 0.1 % year-on-year, putting an end to 26 straight years of decline. This was the first year of positive growth since burst of the asset bubble, according to the Ministry of Land,... More
Japanese Govt to Make All Past Real Estate Sale Price Data Public For First Time
By Jeff Wynkoop The big news is finally here! The Ministry of Land, Transport, Infrastructure and Tourism (the “MLIT”) has decided that it will create a record of important transaction data for all existing real estate properties in Japan, including... More
In the News
Tokyo Real Estate Company TATERU Inc. Admits to Tampering with Customer Loan Docs
In the wake of the Suruga Bank scandal, TATERU Inc., a Tokyo-based real estate company listed on the First Section of the Tokyo Stock Exchange, has admitted to tampering with a customer’s loan documents in order to make the mortgage... More
Market Trends
Tokyo neighborhoods where residential land prices are on the rise: MLIT LOOK 2018 Q2
Residential land prices in bell weather central Tokyo neighborhoods have chalked up marked annual gains in the latest government land survey. This is according to Japan’s Ministry of of Land, Infrastructure, Transport and Tourism (MLIT) in its Q2 (April 1 to... More
Press Release
Real Estate Japan to Form Business Alliance with Airbnb Japan Inc.
Real Estate Japan Inc. For Immediate Release August 16, 2018 Real Estate Japan Inc. to Form Business Alliance with Airbnb Japan Inc. to Make it Easier for Property Owners to Enter Home Sharing Market Property owners will be... More
Market Trends
Tokyo Investment Condominium Market Overview: 2018 Market Trends
Tokyo condominium developers signaled strong market sentiment in the first half of 2018, as they released 43.5% more units to the investment market versus the comparable period last year. The average sales price for an investment-use condominium also increased (9.3%... More
Living in Tokyo
Urban Heat Island Effect: Why It’s So Hot in Tokyo & What’s Being Done About It
As Japan continues to broil in the midst of a record-breaking heat wave this summer, we wanted to highlight a phenomenon that has been causing sustained long-term temperature increases in Tokyo for the past century: the urban heat island (UHI) effect.... More