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May 02, 2024
 

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REAL ESTATE

Japan Times
BUSINESS / Companies
May 28, 2014
Mitsui Fudosan plans big share issue on Olympics
Mitsui Fudosan Co. plans to raise as much as ¥324.6 billion in the biggest share sale by a property company in Japan in at least four decades.
BUSINESS / Companies
May 8, 2014
Mitsubishi Estate turns first profit in three years
Mitsubishi Estate Co. said Thursday that full-year earnings rose for the first time in three years as profit margins at its residential business improved and office rents recovered.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
May 5, 2014
Money that must go down the pan
In almost all of Japan's major cities, close to 100 percent of the population are connected to public sewerage systems, but the farther away from cities you get the more the number drops. Tokushima Prefecture is the lowest, at 16.3 percent.
Japan Times
JAPAN / History / JAPAN TIMES GONE BY
May 3, 2014
Empress-Dowager Shoken laid to rest; crackdown in Shanghai's foreign quarters; Olympic preparations; Lebanese businessman Japan's top tax-payer
One of the notable landmarks in the modern history of Japan was the funeral ceremony held Saturday night for Her Majesty, the late Empress-Dowager (Shoken, empress consort of Emperor Meiji), who passed away on April 9.
Japan Times
BUSINESS / Companies
Apr 15, 2014
Orix foresees spending $1.5 billion on takeovers over next 12 months
Orix Corp., Japan's most acquisitive financial firm, plans to spend ¥150 billion on takeovers around the world in the next 12 months, President Makoto Inoue said.
Japan Times
JAPAN
Apr 10, 2014
Korean buys on Tsushima rouse rightists' fears
South Korean businesses are increasingly acquiring real estate around the Maritime Self-Defense Force's base on Tsushima Island, arousing speculation that some of the purchases are related to espionage by Seoul.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Mar 31, 2014
Japan's 30-year building shelf-life is not quite true
In the past decade or so, certain claims about Japan's housing market have come to be accepted as facts. One is that Japanese houses are only meant to last 30 years.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Mar 3, 2014
In Japan, you can leave it all up to the moving company
It's often described as one of the most stressful events of human life — but in Japan moving house is virtually a breeze.
Japan Times
BUSINESS / Markets
Feb 20, 2014
Land boom gives boost to REIT bonds
The nation's real estate investment trusts are offering the most bonds since 2012 as Prime Minister Shinzo Abe's stimulus steps spark a property-market boom and cut costs for REITs to refinance.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Feb 3, 2014
The housing conundrum: To own or not to own
The population is not increasing and there's a shrinking pool of potential buyers for the home you bought 20 years ago, or 10 years ago, or even yesterday.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Dec 2, 2013
Water, water, it's not everywhere
There are aspects of everyday life that renters take for granted, such as access to utilities. Of course, renters pay for their own electricity and gas, and, depending on where they live, they may be billed for water and sewerage. Homeowners pay for these services, too, but there are extra financial burdens involved that people who have yet to buy a house or condominium may not know about. More significantly, some of these services are not available everywhere in Japan.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Nov 4, 2013
Warming up for the winter chill
In 2000 we moved into an apartment in Tokyo run by the semi-public housing corporation UR. It was new and had a natural-gas heating system. Unlike other gas systems we'd used in the past, however, this one heated water that was then circulated to outlets in different rooms in the apartment. Direct gas ignition devices we'd bought for previous apartments were useless in our new one so we had to get rid of them and buy special stand-alone devices from Tokyo Gas that connected to these outlets. When we moved out of the UR apartment several years ago we also had to throw those away because our new apartment, also run by UR, had a different heating system and Tokyo Gas has no buy-back program.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Sep 30, 2013
The build-up to get that housing loan
Several years ago, we went to a bank in Tokyo that was advertising housing loans with easy terms. Though we weren't shopping for a loan at the time we wanted to see what was needed in order to apply for one. The bank's approval criteria seemed simple enough: If you made at least ¥3 million a year, you were practically guaranteed a loan regardless of whether you worked for a company or were self-employed.
Japan Times
BUSINESS / Economy
Sep 19, 2013
Commercial land prices in three metro regions rise
The Tokyo, Osaka and Nagoya metropolitan areas saw commercial land prices rise for the first time in five years in the year to July 1, a government land price survey says.
Japan Times
BUSINESS
Sep 13, 2013
Tokyo bests New York, Paris for property rents
Tokyo is the best city for residential-property returns, broker Savills PLC said, because Prime Minister Shinzo Abe's policies are stimulating the economy and increasing investor confidence.
JAPAN
Sep 10, 2013
The biggest Olympic beneficiaries? Tokyo Bay developers
Tokyo Bay area property prices stand to benefit the most in the lead-up to the 2020 Olympic Games, adding to the recovery in the capital's real estate values after 20 years of declines
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Sep 2, 2013
Housing loans: Nothing is 100 percent easy
The government has yet to confirm the timing of the approved consumption tax increase from 5 to 8 percent. It's slated to take place next April but there is still fear that the economy is too frail to withstand the effect the added tax might have on actual consumption. Consequently, the government is thinking of raising the ceiling for "Flat 35" housing loans from 90 to 100 percent. That means borrowers who qualify can have the entire cost of a home financed.
Japan Times
BUSINESS
Aug 6, 2013
Tokyo real estate lures Asian bargain hunters
When Julia Chang, a 48-year-old Taiwanese who divides her time between Taiwan and Tokyo, decided to diversify her family's overseas investments, she settled on real estate in the Japanese capital, where prices have slumped for two decades.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Aug 5, 2013
The aging issue of Chiba New Town
The Chiba New Town development project was begun in the late 1960s by the Chiba prefectural government, and a decade later, joined by the Land Development Corporation, the government housing organ that would morph into the Urban Renaissance (UR) Agency in 2004. It is located in the northern part of the prefecture and takes in portions of the cities of Funabashi, Shiroi and Inzai.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Jul 2, 2013
Moved by the benefits of mobile-home housing
The model house sat on an empty patch of brown land along a commercial stretch of road in southern Ibaraki Prefecture. Few people would have identified it as a model house. It had a forlorn, out-of-place look to it. Technically, it was a mobile home — "trailer house," in Japanese parlance — propped up on car jacks and with a small porch attached to the entrance.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Did Japan intervene to prop up the yen? Analysts think it did.
A man walks past an electronic board displaying the exchange rate for the yen against the U.S. dollar (right) in Tokyo on Tuesday.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

When trying to trace your lineage in Japan, the "koseki" is the most important form of document you'll encounter.
Climbing the branches of a Japanese family tree
By Alex K.T. Martin

SUSTAINABLE JAPAN

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