Wednesday, December 16th, 2009
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
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.
Saturday, December 12th, 2009
I surveyed an interesting 5-story commercial building in the west of Ikebukuro which is a popular and growing commercial area of Tokyo.
Price: approximately 400,000,000 yen
Type: a building for investment
Location: 3, Nishiikebukuro, Toshima-ku, Tokyo (5-min walk to Ikebukuto station)
Land: 144.49 sq. meters
Floor area: 629.18 sq. meters
Structure: RC / 5 stories + 1 story underground
Built in: 1995
Coverage/FAR: 80% / 600%
Current annual income: 22,596,060 yen
You should rent space in this building to a game palor and/or a restaurant as they have already been successful in this area. In fact, there are so many international and Japanese restaurants in the neighborhood.
Just like Shibuya, Shinjuku, and Akihabara, Ikebukuro is becoming more popular among international people, in particular, Asians, than ever before. As a result, a number of Asian restaurants is rapidly growing in Ikebukuro. You will find international restaurants at any corner of Ikebukuro.
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
Tuesday, November 24th, 2009
Dear International Investors,
We saw a brand-new commercial building in Ginza last week. According to the seller of the building, the seller will consider 1,500,000,000 yen or higher for sales price.
The building is designed for restaurants. In fact, Ginza is full of the world’s first-class restaurants and fashion boutiques. Also, Ginza has been known as the most expensive commercial cite in Japan for a very long time.
Ginza is a ultra popular commercial district of Tokyo. It is popular not only among Japanese people but also international ones. The streets in Ginza are always bustling with tourists and shoppers on weekend.
The building is currently vacant. So you must be wondering if it will be worthwhile to purchase the building. All we can say is that it is worthwhile to consider it for investment opportunities.
Please let us know, if you are interested in it.
Sunday, November 15th, 2009
Dear International Buyers,
I surveyed a cozy apartment in Hiroo this morning with my client. Its main features are as follows:
Location is nice within a walking distance of Ebisu station and Hiroo station which are centers of popular commercial districts. The apartment building is in-between Meiji Dori and Shibuya River. Meiji Dori is one of the major streets of Tokyo. Though it is on a major street of Tokyo, it is not so noisy because the apartment unit is facing south or in the direction of the river.
Tuesday, November 10th, 2009
Dear international buyers,
I viewed a 2-bedroom apartment on a nice vintage condo in-between Ebisu and Daikanyama on the other day. The apartment’s main features are as follows:
Price: 36,800,000 yen
Location: 1, Nakameguro, Meguro-ku, Tokyo (7-min walk to Ebisu stn of JR Yamanote Line & 6-min walk to Daikanyama stn of Tokyu Toyoko Line)
Type: 2-bedroom apartment
Floor area: 52.17 sq. meters
Structure: RC / 10 stories
Built in: 1968
Maintenance Fee: 13,841 yen/month
Repair Fund: 6,534 yen/month
Other Features: A nice view of a residential area of Nakameguro, Fully-renovated in 2004, Hardwood floor, Connectivity to fiber-optic cable
Ebisu and Daikanyama are very popular commercial districts of Tokyo. There are so many nice international and Japanese restaurants, trendy fashion boutiques, and bars in these areas. The condo is in a very quiet residential neighborhood in the west of Ebisu station. Also, because it is built on land about 300 meters off of Komazawa Dori (=street) and on the dend of a narrow local path.
Although the building is old, the property has good value largely because it is on a prime land of Tokyo. After all, it is a bargain.
Please feel free to contact us at any time, if you are interested in the apartment.
We are looking forward to the opportunity to serve to you.
Sunday, November 1st, 2009
I saw a bargain apartment in a popular Minato-ku of Tokyo this morning. Its main features are as follows:
Price: 35,800,000 yen
Location: 5, Mita, Minato-ku, Tokyo (8-min walk to Shirokanetakanawa station of Tokyo Metro Namboku Line)
# of bedrooms: 2
Structure: RC / 2nd floor of a 13-story condo
Floor area: 53.65 sq. meters
Balcony: 12.96 sq. meters
Maintenance Fee: 9,570 yen/month
Repair Fund: 13,150 yen/month
The whole room has recently, completely been renovated. The room looks as new as brand-new. Considering that, 35,800,000 yen is very reasonable. Also, it is in a convenient, popular district of Minato-ku. If you are interested to live or acquire real esate in the center of Tokyo, it would be worthwhile to consider this apartment.
Please let us know, if you are interested in this apartment.
Thursday, October 29th, 2009
Japanese real estate auction is getting very hot now after this termoil of economy. We are seeing good assets through this flow.
(Because of lay off and lower bonus, home holders are getting tougher to pay loan back.)
We can assist you for bidding forclosure transations at Tokyo district court. For non native people, auction bidding system is a
little unclear but you can buy distressed assets at lower price, if you are lucky.
We are going to disclose Tokyo disstressed assets information through our website in English.
Wednesday, October 28th, 2009
Dear International Investors and Archaeologists,
I surveyed an apartment building in a residential neighborhood of Omori in Ota-ku this afternoon.
The apartment building’s specifications are as follows.
Location: 7, O0i, Shinagawa-ku, Tokyo (8-min walk to JR Omori station in Ota-ku)
Price: 150,000,000 yen
Land: 249.71 sq. meters
Floor area: 278.24 sq. meters
Built in: 1986
Structure: Wooden / 2 stories
Yield: 8.7% with current operation rate being 100%
Monthly revenue (March): 1,091,000 yen
Omori station is just two stations or about 5 minutes from Shinagawa station. Omori has been popular among Japanese writers. In fact, famous writers have settled in Omori, in particular, hills in the west of the station.
Also, Omori is famous among Japanese people because a shell mound was found by a western scholar for the first time in Japan’s history. When Dr. Edward Morse, a Havard scholar, was casually looking outside from a train from Yokohama for Shimbashi on June 19th, 1877, he found interesting arrangements of shells on cliffs by Omori station. His instinct urged him to dig the area, and he found remains of an old civilization in Japan – stone tools, clay pots, stone axes, stone arrowheads, human bones, animal bones, and so on. They have been registered and treated as important cultural properties since 1975 and been kept at University of Tokyo.
Wednesday, October 21st, 2009
Dear International Investors,
I used Toden Arakawa Line, when I surveyed three apartment buildings in Taito-ku, Arakawa-ku, and Toshima-ku last week. The line is the only streetcar system survived in Tokyo, connecting Waseda (Shinjuku-ku) and Minowabashi (Arakawa-ku). The line has been in operation since 1913, and the neighborhoods and towns along the line still show what Tokyo used to look like in Showa Period (1926-1989). Toden Arakawa Line runs through Shinjuku-ku, Toshima-ku, Kita-ku, and Arakawa-ku, most of these districts being downtown and residential.
Also, Toden Arakawa Line stops at some major stations at which passengers can switch from Toden Arakawa Line to another train line. These stations include Machiya (to Tokyo Metro Chiyoda Line), Oji (to JR Keihintohoku Line), and Otsuka (to JR Yamanote Line).
Toden Arakawa Line is fun to ride and watch. If you can spare sometime for sightseeing in Tokyo, I strongly recommend that you get onto Toden Arakawa Line.