Tuesday, March 16th, 2010
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.
Minato Asset Management
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Friday, December 4th, 2009
Dear international investors,
I surveyed real estate in Mizue of Edogawa-ku which is an eastern ward (=ku) of Tokyo 23 wards and which is adjacent to Chiba Prefecture. It is in-between Arakawa and Edogawa – two famous rivers of Tokyo.
Mizue is a station of Toei Shinjuku Line. Mizue station is new just like much of Edogawa ward where new houses and apartment buildings are being built. The streets around Mizue are crowded with shops and restaurants. And houses and apartment buildings on southern residential areas of the station are new.
The real estate I surveyed today is a combination of an apartment building with retail space. Its details are as follows:
Price: 88,800,000 yen
Land: 140.06 sq. meters
Floor area: 252.74 sq. meters
Structure: steel / 3 stories
Built in: 1999
Other features: exclusive parking, 1 x 3-bedroom apartment (3F) + 2 x 2-bedroom apartment (2F) + retail space (1F), proximity to medical and educational facilities