Property developer Hankyu Realty Co. has forayed into its fourth overseas market, joining Japanese and Indonesian partners in a project to build a condominium complex on the outskirts of Jakarta. The company said it is planning to complete three condo towers by May 2019 with ...
When rescue workers responded to a midnight emergency call from an Osaka apartment unit in August 2016 and rushed to the scene, they first had to climb over piles of junk including empty cans and leftover food. Among it, they found a dehydrated elderly ...
Demand for condominiums in Osaka is growing among family households as well as the wealthy, with the increasing supply of affordable properties a stark contrast to falling demand in central Tokyo. The number of new condos listed for sale in the city of Osaka, excluding ...
Sales of new condominiums in Tokyo have fallen to the lowest since the property bubble collapsed in the 1990s.
Prime contractor behind leaning building ordered pilings of insufficient length
The health ministry raids a manufacturer of blood products and vaccines after a panel accused it of several violations.
As the data falsification scandal involving Asahi Kasei Construction Materials Corp. continues to reverberate, municipal governments have started looking into the piling work of other firms, too. Of the nation's prefectural governments, Gunma and Shiga have launched such probes, while four others are preparing or ...
Asahi Kasei cuts profit target, says piles scandal hard to cost
Construction subcontractor Asahi Kasei Corp. lowered its annual forecast by 14 percent on Friday, but said the figure excludes a probe into its work on building foundations. An apartment building in Yokohama is leaning, and investigations are underway into work the company did elsewhere, too. The ...
An employee at the center of a data falsification scandal involving a tilting condo in Yokohama oversaw piling work at 41 projects in nine prefectures.
An Asahi Kasei Construction Materials Corp. employee at the center of a tilting condo controversy oversaw 41 projects in nine prefectures over 10 years.
Tilting condo may be tip of iceberg for shoddy housing construction nationwide
The scandal surrounding structural flaws and falsified data for a tilting residential building in Yokohama has cast a spotlight on loopholes in the real estate industry's entrenched system, according to experts who speculate the trouble may turn out to be just the tip of ...
Back to business as usual for condominium developers?
Reality check: Condo repair funds not enough
Condominium owners may be discouraged to learn that the repair fund they pay into once a month won't be enough to fix their broken buildings.
