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

Dear Investors: 

Type: residence

Location: Ishihara, Sumida-ku, Tokyo (7-min walk from Ryogoku station of Metro Oedo Line)

Land: 173.84 sq. meters

Floor area: 888.39 sq.meters

Structure: RC / 11 stories            

Year built: 2009

Coverage: 100%

FAR: 500%

Annual return (@100%): 32,844,600 yen

Price: 616,000,000 yen

a new investment property in Ryogoku

a new investment property in Ryogoku 2

a new investment property in Ryogoku 3

Please let us know, if you are interested in it.

Best regards,

Minato Asset Management

Dear Investors:

Tokyo Sky Tree is now the tallest tower in Japan.  The to-be-634-meter tower  is still under construction and is going to complete in 2012.  But it has passed the old Tokyo Tower which is 333 meters high yesterday while reaching to 338 meters.

A new commercial zone will propbably be created in the area surrounded by Asakusa, Kinshicho, Kameido, and Oshiage where Tokyo Sky Tree will be.  In fact, many people and companies are seriously looking for real estate in the region for a view of the tower. 

Please let us know, if you are interested in the area.  We will introduce you interesting investment properties in the region.

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 international investors,

Tokyo Sky Tree is under construction.   It is scheduled to complete in 2011.   As of today, it is 126-meter tall.  

Tokyo Sky Tree under construction

Tokyo Sky Tree under construction 2

The about-610-meter-tall (!) TV tower is in Oshiage of Sumida-ku which is east of famous Asakusa.   Looking from Asakusa, Oshiage is over Sumida River.  Oshiage is within a walking distance of popular commercial districts, such as, Asakusa, Riyogoku, and Kinshicho.  Althoug it has good access to those popular sites, it is not so known among people.   On the contrary, it looks underdeveloped.   Very little development has occured on Oshiage for at least the last 30 years.

Tokyo Sky Tree under construction 3

Tokyo Sky Tree under construction 4

Oshiage consists mostly of low-rise apartment buildings and of old detached houses.   There is a local shopping street, but much of the town looks so inactive.   According to a local ramen maestro who has been keeping a small ramen shop for the last 33 years, Oshiage was far more populas than now with then-flourishing textile and printing businesses which have recently drained into Asian countries.    Also, I have learned from the ramen maestro that Japan’s first ready-mixed concrete plant was where Tokyo Sky Tree is about 100 years ago and that it provided ready-mixed concrete to Tokyo and helped Tokyo become westernized then.  

Oshiage station

Oshiage station 2

Oshiage station 3Oshiage station 4

Oshiage station 5

local ramen shop in Oshiage - thank you for teaching me history of Oshiage!

Dear International investors,

I went to survey an investment property in Oshiage of Sumida-ku. 

Its main features are as follows.

Type: Apartment Building (total number of units is 14)

Price: 160,000,000 yen

Location: Oshiage, Sumida-ku

Station: 3-min walk to Oshiage station (Tokyo Metro Hanzomon Line)

Land: 138.78 sq. meters

Floor area: 382.28 sq. meters

Structure: RC

Current operation rate: 94.9%

Current annual return: approx. 13,416,000 yen

Current yield: 8.39%

Built in: 1987

Coverage: 80%

FAR: 300%

investment property in Oshiage

investment property in Oshiage 2

This northeast-of-Tokyo neighborhood is well connected to other areas by Tokyo Metro Hanzomon Line (e.g. 21 mins to Hanzomon station) and is within a walking distance of Asakusa, Riyogoku, and Kinshicho.

The apartment building itself may be nothing more than an attractive investment opportunity with a good yield.  But the value of the whole neighborhood may change drastically in near future due to Tokyo Sky Tree (about 610 meters tall).

Tokyo Sky Tree is under construction on the other side of Oshiage station and is going to complete in 2011.  Currently, the neighborhood consists mostly of low-rise apartment buildings and some old detached houses.  But it is posting good potentiality because of its proximity to the tower and commercial zones, such as, Asakusa and Kinshicho.

Please let me know, if you are interested in this property.

Tokyo Sky Tree under construction

Tokyo Sky Tree under construction 2