Rich Chinese snapping up luxury homes from Singapore to Sydney
Rich Chinese investors are finding luxury real estate is a good hiding place from the economic fallout of the coronavirus. Across China and in some of their familiar hunting grounds in Asia, wealthy buyers are snapping up top-end housing, in many cases to guard their ...
More foreign workers in Mie losing jobs and homes in virus pandemic
As the spread of COVID-19 infections hits the nation’s economy hard, foreign workers at manufacturers are being severely affected, with some losing their jobs and homes. At a public employment security office in Suzuka, Mie Prefecture, this month, foreign nationals visited the interpretation service counter ...
3/11 survivors face loneliness after moving into public housing for disaster victims
In a recent poll of people in the March 2011 disaster-hit prefectures of Iwate, Miyagi and Fukushima who moved to public housing for survivors, nearly half said they feel that interactions with neighbors have decreased since they moved to the housing complexes from temporary ...
Iwate 3/11 survivors face isolation as wait to leave makeshift houses drags on
About 40 households who survived the March 2011 earthquakes and tsunami in the coastal areas of Iwate Prefecture are still stuck in makeshift housing, waiting to move into new homes. As more temporary housing units become vacant in Rikuzentakata, Iwate Prefecture, some of the elderly ...
Coronavirus disrupts supply chains for Japanese housing and gaming industries
The coronavirus outbreak is disrupting supply chains for the housing and gaming industries in Japan, causing companies to scramble to find alternative suppliers. Snags in parts procurement from China have led to shortages and delivery delays, and some firms have postponed their product releases. Panasonic Corp. ...
Last year developers in Japan put the lowest number of condominium units on the market in 43 years as elevated prices, reflecting higher labor costs amid a labor shortage, plus rises in materials and land prices affected demand, a research firm has said. The number ...
New central Tokyo apartment building for lawmakers comes with low rental prices
Upper House lawmakers will be offered rents far lower than market prices for apartments in a building under construction in a prime location in Tokyo.
Popularity of wooden housing drops to record low of 73.6% in Japan
Interest in wooden housing among Japanese has hit the lowest level since 1989, apparently reflecting high maintenance costs and vulnerability to fires, a Cabinet Office survey has shown. The share of respondents preferring to build or buy wooden homes stood at 73.6 percent, dipping below ...
Capsule pods are one option for budding artists trying to live in pricey LA
Kay Wilson packed up her life in a hurry and moved to Los Angeles ... only to find that what she paid in Pennsylvania for a nice studio apartment would only get her a 2.9-sq.-meter box in California. Her new home is a capsule, inspired ...
Fujita Kanko to open Japanese-style serviced apartment near Jakarta
Major hotel chain operator Fujita Kanko Inc. will open its first overseas serviced apartment complex in Indonesia, catering to Japanese business travelers and expatriates by offering the comforts of home. The seven-story Isoras Cikarang building with 214 rooms will open Friday in the industrial area ...
Mie city's outreach to struggling residents in public housing pays off
Officials in the city of Yokkaichi, Mie Prefecture, are working to reduce rent delinquency among low-income residents of municipal housing, by visiting defaulters individually and compiling custom payment plans. They aim to support the public housing residents — half of whom are aged 60 or ...
Hong Kong leader Carrie Lam to prioritize housing and livelihoods to appease protesters
Embattled Hong Kong Chief Executive Carrie Lam has promised to prioritize housing and people's livelihoods to appease deep-rooted discontent about the way the Asian financial hub has been governed. Lam, who has said she caused "unforgivable havoc" by igniting the political crisis and would quit ...
