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A bargain in Shibuya has just come out on market
Today, I found a bargain apartment in Shibuya. A spacious apartment (more than 58 sq. meters) on 8th floor of the building is now being sold for 33,800,000 yen. It is a bargain because land in the same area is worth of 1,400,000 yen/sq. meter at least (by Japan’s tax agency’s roadside value) within…
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Akasaka, Aoyama, & Azabu 3
Dear international investors, I like Minato-ku because it has proximity to greenery. You can find a green area at almost every corner of a town in Minato-ku. On the other day, for example, my client and I visited a 124-sq. meter, 1-bedroom (+1 Tatami room) in Motoazabu. The condominium in which the apartment is is actually…
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Distressed assets in Shibuya ku and Meguro ku
I visited distressed assets in Shibuya ku last week. Property is located near Shoto area around NZ embasy and Aso’s private house. This new property was planed to sell at higher level, but the owner could not sell at the peak and they sold at 50% of what they planed. (Their expected…
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Akasaka, Aoyama, & Azabu 2
Aoyama is also very popular for residence and investment. Aoyama means a blue mountain. Actually, the area is named after the name of a warlord who used to rule the region during the edo period. Aoyama is popular largely because it is trendy with the world’s top fashion boutiques from all…
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Akasaka, Aoyama, & Azabu
Within Tokyo’s Minato-ku which is very popular not only among Japanese people but also international people, Akasaka, Aoyama, and Azabu are particularly popular for residence, work, and real-estate investment. Just like other Japanese towns which show distinctive characteristics, they are unique and have different aspects. Akasaka means a red hill. …
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Main reasons why Minato-ku is so popular among international people
Dear international investors, Minato-ku (ward) in Tokyo is very popular among international people . It is probably the single most popular place in Japan for residence. In particular, so-called 3 As (Akasaka, Aoyama, and Azabu) are always bustling with people from different cultures. In fact, many of our clients clearly show their…
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Bottoming out? Or, bottomed out?
We have seen Japanese real estate market around Tokyo is getting active these days. We exchage contracts every month and close deal every month with Japanese clients. I recognize information time lag in between Japanese street smart and none native people from overseas. (We have done transaction with Chinese lady who speaks…
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