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July 07, 2025
 

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REAL ESTATE

Factory activity in China contracted for a fourth straight month in August, with subindexes showing deepening deflationary pressures.
BUSINESS / Economy
Sep 2, 2024
China faces calls for stimulus as growth engines stall amid property woes
Factory activity contracted for a fourth month in August, with subindexes showing deflationary pressures and latest sales figures showing a worsening residential slump.
High-rise buildings under construction in Tokyo in November last year
JAPAN
Aug 24, 2024
Japan looks to expand preferential measures for Flat 35 home loans
The measures to lower interest rates for those who acquire energy-efficient or earthquake-resistant houses are currently applied only to newly made loan contracts.
The land ministry is planning to create a system in which the central and local governments would evenly shoulder part of the demolition costs that condominium management associations should pay.
JAPAN
Aug 23, 2024
Japanese government to subsidize demolition of old condo buildings
The land ministry is planning to subsidize such demolitions from the fiscal year beginning April 2025.
Japan's personal mortgages are set to rise for the first time in a generation following the Bank of Japan's rate hike.
BUSINESS / Economy
Aug 1, 2024
Japan’s ultralow mortgages to see first increase in 17 years
Mitsubishi UFJ Financial Group said it plans to increase the short-term prime rate for the first time in 17 years in September.
Japan's most expensive plot of land lies in front of Kyukyodo stationery store in Tokyo's Ginza shopping district, according to National Tax Agency statistics.
BUSINESS / Economy
Jul 1, 2024
Japan's land prices rise at fastest pace since 2010, tax agency says
Average land prices climbed 2.3% last year, rising for the third straight year.
Shanghai’s luxury real estate market is a bright spot in China’s bleak property sector.
BUSINESS / Markets
Jun 25, 2024
China’s rich spend millions on Shanghai property, bucking crisis
It’s the only one among the country’s mega cities that still attracts people to put down money in an asset class that has otherwise been abandoned.
A notice put up in front of a near-finished condominium in the city of Kunitachi in Tokyo on Saturday, saying the complex will be demolished
JAPAN
Jun 12, 2024
Near-finished Japan condo blocking Mount Fuji to be razed
The company Sekisui House said in a statement late Tuesday it had "voluntarily decided to discontinue the project."
A residential development under construction in Shanghai in February. Problems in the property sector have had a negative impact across broad areas of China's economy.
BUSINESS / Economy
May 31, 2024
China's factory activity unexpectedly dips as property pain persists
The disappointing number adds to a series of recent indicators showing the $18.6 trillion economy is struggling to get back on its feet.
Many condo complexes are facing challenges in securing sufficient reserve funds for extensive repair projects.
JAPAN / FOCUS
May 30, 2024
Land ministry sets standards for condo repair reserve funds
Large-scale condo repairs typically occur roughly every 15 years.
Official data indicates at least 17,000 South Korean residents have been hit by real estate fraud in recent years, and around 70% of victims are in their 20s and 30s.
ASIA PACIFIC / Crime & Legal
May 27, 2024
Debt, suicide, fraud: South Koreans hit by real estate scams
Authorities draw flak for not doing enough to help victims or punish fraudsters who capitalize on the country's unique jeonse system in which tenants pay huge deposits.
In about a year, Wormann has taken four Tokyo "akiya" (abandoned homes) under his wing — three in Sangenjaya and the most recent in Shin-Nakano.
COMMUNITY / Our Lives
May 27, 2024
The Swede bringing ‘Japandi’ style to Tokyo’s abandoned homes
The 86-year-old building Wormann acquired in Sengenjaya came with not only a degraded structure but also termite damage throughout.
Global investment firms are increasingly seeing hidden value in Japanese companies that own properties that could be sold.
BUSINESS / Companies
May 20, 2024
Bain Capital to boost Japan real estate team as prospects grow
The firm is interested in opportunities around hospitality, data centers and residential properties, among others.
Having succeeded her father, Akira Mori, Miwako Date has been CEO of real estate development firm Mori Trust since 2016.
BUSINESS / WOMEN AT WORK
May 19, 2024
Leading a major property developer with an eye on art and culture
Third-generation CEO Miwako Date is making her mark with Mori Trust's regional luxury hotels.
China’s real estate sector has fundamentally changed in that existing home sales will become the norm, as is the case with developed countries.
COMMENTARY / World
May 19, 2024
China’s housing mess finally comes for Xi’s own
China’s real estate sector has fundamentally changed, in that existing home sales will be the norm, as is the case with developed countries.
A residential area under development by Country Garden in Shanghai in February.
BUSINESS / Economy
May 17, 2024
Old for new: China's latest property market plan off to a poor start
More than 50 cities have launched their own versions of the "swap old for new" program.
A vacant house in Tokyo is seen demolished in January 2020.
JAPAN
May 1, 2024
Number of vacant homes in Japan hits record high of 9 million
The preliminary figure jumped by 510,000 from 2018, when the previous survey was taken, and doubled from 4.48 million in 1993.
A man rides a scooter past apartment high rises under construction in Zhengzhou, China, in January 2019.
BUSINESS
Apr 30, 2024
Strained Chinese cities struggle to pay homebuying subsidies
Some local governments are unable to raise funds to pay promised subsidies, frustrating buyers and casting doubts over future support measures.
The average condo price in central Tokyo's 23 wards came to ¥104.64 million in fiscal 2023, topping ¥100 million for the first time on a fiscal year basis.
BUSINESS
Apr 19, 2024
Tokyo-area condo prices hit record high for third year in a row
In central Tokyo's 23 wards, the average condo price rose 5.7% to ¥104.64 million, topping ¥100 million for the first time.
In Japan, there’s a huge gap between how companies value their real estate assets on their books against what those same properties would fetch if sold in the market.
BUSINESS / Companies
Apr 16, 2024
Hidden billions in Tokyo real estate lure activist hedge funds
Billions in value can be unlocked by pressuring companies to sell off holdings, a tactic that activist funds are now employing.
BUSINESS / Companies
Mar 22, 2024
Seibu may sell 36-story Tokyo office building for ¥300 billion, sources say
Japan's highest value property transaction is currently the ¥436 billion sale by the government in 2022 of its stake in another Tokyo office building.
Japan braces for more quakes as authorities dismiss doomsday hype
Evacuees from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecuture, arrive at Kagoshima Port on Friday.
Heatstroke alert issued for 19 prefectures as Japan enters 'once-in-a-decade' heat wave
Japan will experience a heat wave through mid-July on a “level only seen once in a decade,” the Meteorological Agency said on June 30.
Hidden AI prompts in academic papers spark concern about research integrity
Waseda University is one of 14 institutions in eight countries found to have used hidden prompts in research papers.
Tokyo and Kyoto feature among top ‘noctourism’ destinations
Tokyo ranked second after New York and ahead of Dubai and Singapore in a ranking of the top global cities for nighttime tourism.
Global matcha 'obsession' drinks Japan's tea farms dry
Matcha is added to beverages on offer at Kettl Tea in the Los Feliz neighborhood of Los Angeles on May 20.
Ainu land rights in crosshairs as Hokkaido communities debate nuclear waste
A street in Suttsu, Hokkaido, with a sign put up by an anti-nuclear organization. The small community is considering hosting a facility that would hold nuclear waste.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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Longform

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What it takes to save lives on Mount Fuji
By Alex K.T. Martin

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