Are you looking for real-estate for sale in Japan?

We have a great apartment for rent near Ougioohashi station. Access to central Tokyo, Chiyoda-ku, Chuou-ku, is around 30 min and very quiet inside the room. (more…)

Dear Investors:

 

 

 

 

 

 

 

Real Estate Economic Institute, a think-tank for real estate industry in Japan, summarizes a recent market trend for sales of apartments in Tokyo Metropolitan area as follows: 

 

 

 

For 2010, supply of apartments for sale has been 3,779 for May, which is a 7.1% increase from the previous year.  But average price and unit price of sold apartment units will remain the same level as previous year or may increase a bit relative to previous year because contract ratio is improving.  Contract ratito for May is 77.0%, which is a 6.4-point up from the previous year.  Average price of sold apartments is 46,630,000 yen, which is a 2.5-percent increase from the previous year. 

 

 

 

We hope you will find this information helpful.

 

 

 

Best regards,

 

 

 

Minato Asset Management

Dear Investors:

 

 

In May, 2010, vacancy rate for office in the central part of Tokyo is about 9%.

 

 

Vacany rate has gone up several points for 2009.  But since the start of 2010, it has been slowing down and shifting between 8 and 9 %.

 

 

We hope you will find this data helpful for you to understand the market.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors,

 

 

According to a March 16 report by Real Estate Economic Institute Co., Ltd., 2,777 brand-new apartment units have been sold in February, which is a 10.7% increase from the previous year, in the Tokyo metropolitan area. 

 

They conclude that the real estate market of the Tokyo metropolitan area has started to show positive signs.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors,

 

 

I saw another interesting investment property in Kanda yesterday.   Actually, it is in-between Kanda and Akihabara. 

 

 

Current occupants: restaurant and office

Location: Kandasudacho, Chiyoda-ku, Tokyo  (1-min walk from Iwamotocho station of Metro Shinjuku Line, 5-min walk from JR Kanda station & 5-min walk from JR Akihabara station)

Land: 55.57 sq. meters

Floor area: 237.31 sq. meters

Structure: RC / basement + 5 stories

 

Built in: 1978

Current operation: 4/5 (will be 2/5 in March)

Estimated annual return: 7,380,000 yen

Others: on the southwest corner of Iwamotocho Crossing, On Yasukuni Street, a landmark, in-between a police box and a post office,

Price: 120,000,000 yen

 

 

 

 

 

 

 

 

 

 

 Although two more floors may be available in March, you should be able to find new occupants easily largely due to the property’s good location, in particular, proximity to Kanda and Akihabara.

 

Many industries will be interested in this location.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors,

 

 

I surveyed an investment property in Kanda this afternoon.  Kanda stn is in-between Tokyo stn and Akihabara stn.  Its details are as follow:

 

 

Current use: shop, office, + residence

Location: 3, Kandakajicho, Chiyoda-ku, Tokyo (3-min walk to JR Kanda station & 1-min walk to Metro Ginza stn)

Land: 37.38 sq. meters

Floor area: 170.28 sq. meters

Coverage:  80%

FAR: 600%

Structure: steel / 6 stories

Built in: 1989

Annual return (estimation): 4,930,000 yen

Price: 79,800,000 yen

Others: a 2-bedroom apartment (= 81.7 sq. meters) from 4F to 6F, the whole block (= about 2,100 sq. meters) on which the property stands may be a subject of land development

 

 

 

 

 

 

 

 

 

 

Please let us know, if you are interested in the property.

 

 

Best regards,

 

 

Minato Asset Management

 

I surveyed an office building in Kojimachi (Chiyoda-ku) today.

 

 

Its features are as follows:

 

 

Price: 1,200,000,000 yen

Location: Kioicho, Chiyoda-ku, Tokyo (3-min walk from Kojimachi station of Tokyo Metro Yurakucho Line )

Land: 231.40 sq. meters

Floor area: 1,400.22 sq.meters

Built in: 1990

Structure: RC / 10 stories

Coverage/FAR: 80% / 600%

Annual income: 82,792,224 yen

Yield: 5.85%

 

 

Kojimachi has been a business center in Japan for many years.   Because it is in-between the Imperial Palace and the Japanese parliament, there are many international companies and foreign embassies in the area.

 

 

 

 

 

 

 

 

 

 

Dear International Investors,

 

 

I surveyed a 248,000,000-yen property in Akihabara  last week.

 

Its features are as follows:

 

Price: 248,000,000 yen

Location:  Kandaizumicho, Chiyoda-ku, Tokyo (5-min walk from Akihabara station of JR & Tokyo Metro Hibiya Line)

Land: 233.60 sq. meters

Structure: RC / 4 stories

Floor area: 676.26 sq. meters

Built in: 1977

Current Annual Return: 24,097,920 yen

Current Yield: 8.51%

 

 

The property is within a walking distance of Akihabara station.   Akihabara is so popular among international tourists and is always crowded with shoppers.

 

Dear International Investors,

 

Today, I went out to survey investment properties in Chiyoda-ku and Bunkyo-ku.   Their specifications are as follows:

 

– a secondhand building for investment

Location: 1, Kanda-ogawacho, Chiyoda-ku (1-min walk from Awajicho station of Tokyo Metro Marunouchi Line)

Price: 79,800,000 yen

Land: 45.25 sq. meters

Floor area: 217.31 sq. meters

Structure: RC / 5 stories above ground + 1 story underground

Coverage: 80%

FAR: 800%

Built in: 1970

Annual Income: 3,132,000 yen

Yield: 6.28 %

Features:  Proximity to a Tokyo’s major street, good foot traffic from colleges and universities in the neighborhood

 

 

 

 

 

 

 

– a secondhand building for investment

Location: 3, Otsuka, Bunkyo-ku (8-min walk from Miyogadani station of Tokyo Metro Marunouchi Line)

Price: 59,800,000 yen

Land: 42.04 sq. meters

Floor area: 201.87  sq. meters

Structure: RC / 5 stories above ground + 1 story underground

Coverage: 80%

FAR: 500%

Built in: 1991

Features:  On a Tokyo’s major street, a famous educational district

 

 

 

 

 

 

 

 

 

– a secondhand apartment building for investment

Location: 3, Kohinata, Bunkyo-ku (6-min walk from Miyogadani station of Tokyo Metro Marunouchi Line)

Price: 45,800,000 yen

Land: 67.43 sq. meters

Floor area: 53.8 sq. meters

Structure: Wooden / 2 stories

Coverage: 60%

FAR: 200%

Built in: 1987

Features:  A famous educational district, proximity to famous universities and colleges, a very quiet residential neighborhood