The Japanese Housing Market: Is it Time to Buy?
The prices of newly built standalone homes and condominiums in Japan
have been rising steadily for the past few years,
but there is a growing concern that the market may
be reaching a turning point.
The prices of newly built standalone homes and condominiums
Investing in Japan’s Ageing Condominiums:
Opportunities and Insights for
Foreign Investors Amid Legal Changes
Are you a foreign investor interested
in Japan’s real estate market?
As a leading real estate agent for foreign investors, we’re here to provide you with the latest updates
and insights into the industry.
Today, we’re discussing the Japanese government’s proposed amendments
to the Condominium Ownership Act and what it could mean for you as a potential investor.
The Japanese government is considering amending the Condominium Ownership Act by the fiscal year 2024,
Discovering Lucrative Opportunities in Japanese Real Estate
for High-Net-Worth Investors
Japan has long been an attractive destination for high-net-worth individuals
who appreciate its rich culture, modern cities, and stunning landscapes.
As the yen continues to depreciate and real estate prices remain relatively low compared to other global cities,
now is the perfect time for investors with a net worth of 1-2 million
US dollars to explore opportunities in the Japanese property market.
While Tokyo is the most popular choice for foreign investors,
other metropolitan areas such as Osaka and Nagoya also offer attractive investment prospects.
For those interested in resort properties, Hokkaido and Okinawa are becoming increasingly popular choices.
Example Properties in Tokyo:
Minato-ku, Tokyo: A luxurious 2-bedroom apartment in the upscale Minato-ku district offers
investors a taste of cosmopolitan living. With a price tag of around $1 million,
the apartment offers a potential rental yield of 4-5%.
Shibuya-ku, Tokyo: A modern one-bedroom apartment in the vibrant Shibuya-ku area offers
a more affordable investment option at around $500,000.
The potential rental yield for this property is approximately 3-4%.
Rakumachi, a real estate website in Japan, conducted market research for the first quarter of 2023
and found that the prices of all types of investment properties in Japan have increased.
(Not property for living)
The average price of one-room apartments increased to 74.95 million yen,
the average price of one-building apartments rose to 277.9 million yen,
and the average price of condominiums rose to 18.81 million yen.
One-room apartments had a yield of 8.98%（gross yield), while one-building apartments had a yield of 7.52%(gross yield),
and condominiums had a yield of 6.87% (gross yield).
I receive a number of inquiries about very affordable and yet old condominiums from foreign nationals.
They don’t know much about Japanese market.
Japan is facing serious social issues including ageing society and shrinking population.
And old condominiums are facing similar realities especially in the regional areas.
I am not saying all old condominiums are risky but please do not jump at the gun only because they are cheap.
You need to carefully investigate the property and check the potential risks.
Real estates are totally controlled by the market mechanism and they are cheap for a reason.
That said, if you carefully search, you could get a relatively good investment.
(Tama river, Kawasaki city)
I have just visited a property in Kawasaki city with Indonesian investors.
It is newly built apartment with 14 studio units and fully occupied now.
Price : 110 million yen
Yield : 8.09% gross
We have got a new listing from Kawasaki city.
I have been there for viewing and photos and video clips.
It has the fantastic financing by the first class Japanese bank (subject to visa and financial background) and foreign national could be eligible for the financing by a Japanese bank .
(Inside the room)
Kawasaki (川崎市 Kawasaki-shi) is a city in Kanagawa Prefecture, Japan.
（China town in Yokohama)
New offer !
Introducing an unlisted property in Yokohama today.
It is a very good opportunity for someone looking for a small size investment in Yokohama.
The yield is attractive and it comes with the full financing.
2-storey residential apartment building.
Location : Konan-ku, Yokohama city, Kanagawa prefecture
10 mins walk to the nearest station（Keikyu line)
Gross yield (gross return on investment) before the cost : 8.65 % basis 100% occupied
and currently 100% occupied