Blog

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Guide to Home Mortgage Loans in Japan

By Jeff Wynkoop There are a lot of difficult decisions consumers have to make when choosing a home mortgage loan in Japan. Borrowers need to understand the impact these decisions have on the level of their monthly loan payments as... More

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How Much Does it Cost to Build a House in Japan?

By Jeff Wynkoop If you want to build a house in Japan you will be faced with a lot of decisions. For most people, the most time-consuming issue is finding and acquiring the rights to a suitable parcel of land in the... More

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Is Now a Good Time to Buy a Home in Japan? Survey Asks Consumers & Pros

In a recently released government survey, a majority of homeowners, financial planners, and homebuilders think that “it is a good time to buy” a home, in consideration of the two-and-a-half year postponement of the increase in the Japanese consumption tax to... More

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Buying a Home: What can you buy for $250,000 in Tokyo?

With home mortgage rates in Japan at a historic low, there has been a surge of interest among first-time home buyers in Japan. Whether you are a long-term resident of Japan who has decided that it’s finally time to buy... More

News

Japanese Real Estate News Summary Feb 26 to March 3

Catch up on the week’s Japanese real estate related news in this summary pulled from our blog and sources around the web. MLIT 2015 Q4 LOOK Report: Growth in Nagoya Land Prices Leads the Country Real Estate Japan The Ministry... More

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Price of a New House in Tokyo Suburbs Up 11.6% YoY in January

The price of a newly constructed house listed for sale in the Tokyo suburbs (outside of the 23-wards but still within the administrative boundaries of Tokyo) rose to 40,580,000 yen ($353,000), a year-on-year increase of 11.6%, the highest year-on-year rise... More

News

Japanese Real Estate News Summary For January 29 to February 4

It was another busy news week as the Nikkei (and J-REITS) soared in the aftermath of the Bank of Japan’s negative interest rate decision, while the Nikkei Asian Reivew reports that some analysts think it is too early to forecast that negative... More

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Home Buyer Profile: French-Japanese Family Buy Their “Almost” Dream House in Tokyo

Real Estate Japan sat down recently to interview Yumi, a 30-something Japanese woman, to ask about the 4-bedroom house that she and her husband Eric, a French national bought about three and a half years ago, and the process they... More

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Basic Requirements for Getting a Mortgage as a Foreigner in Japan

In a previous post, we pointed out that it used to be almost impossible to get a mortgage as a foreigner, but in recent years some Japanese banks will lend to foreign nationals with permanent residency (PR) status. In fact,... More

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How much does an apartment cost in Tokyo – Sept 2022 Update

Sales prices of newly constructed apartments in the greater Tokyo region were up in September, as developers continued to rein in supply. The average sales price for a new apartment sold in the greater Tokyo metro region reached ¥66,530,000 ($450,000... More

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Where residential land prices rose the most in 2022: Behind the headline numbers

On September 20th, the Ministry of Land announced that the average price of residential land in Japan rose 0.1%, the first time in 31 years that residential land prices increased year-0n-year. This is a big milestone in the economy’s long... More

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Osaka’s Hot Housing Market: June 2022 Update

The housing market in Osaka shows few signs of relief in terms of a cool down in prices. The average sales price of a newly constructed apartment in the city of Osaka was ¥65,210,000 in May 2022. This was a... More

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How much does an apartment cost in Osaka – May 2022 Update

The average sales price of a newly constructed apartment in the city of Osaka was ¥40,500,000 ($319,000 USD) in April 2022. This was a big year-on-year drop of 34.4% and also a drop of 28.3% versus March. The average sales... More

Living

Tokyo Cost of Living: How much did food, housing and energy prices go up in April 2022?

Core consumer prices in Tokyo, which are considered a leading indicator of Japanese price trends, rose 1.9% in April year-on-year, marking the fastest annual pace in seven years. This was as announced by the Ministry of Internal Affairs on May... More

Living

What will change in Japan starting April 1st: Revised Laws and Price Changes

April 1st is the start of the fiscal year in Japan for government agencies, schools, and many private companies. Below is a summary of some of the main legal and price changes that will go into effect starting April 1st.... More

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Where foreigners want to buy homes in Tokyo – February 2022

In this post, we cover the Top 5 most popular stations for people searching for properties for sale on realestate.co.jp as we close out February. There was a clear number one and a four-way tie for second place! The ranking below is based... More

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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

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Residential Land Values in Japan Recovering from Pandemic Lows: LOOK Report 2021 Q2

Land prices rose in 35 locations out of 100 surveyed by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) in its 2021 Q2 (April 1 to July 1) LOOK Report, which tracks land price trends for intensively used commercial... More

Rent

Looking for more room to work from home in Tokyo? This month’s top 5 WFH properties

Here are five spacious and affordable apartments for folks looking for a little more space to work from home or just to have a bit more legroom! We handpicked properties that are at least 35-sqm (377-sqft). Monthly rent for our... More

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Where do foreigners want to buy homes in Tokyo: December 2020 Edition

In this post, we present the Top 5 most popular stations for people searching for properties for sale on realestate.co.jp as we head into the last part of December 2020. The ranking below is based on an analysis of property listings in the... More