Saturday, October 31st, 2009
Dear international investors,
Today, I surveyed an investment property in a neighborhood in Tokyo where businesses and residences coexist.
The property’s main features are as follows:
Price: 75,000,000 yen
Location: 2, Asakusabashi, Taito-ku, Tokyo (6-min walk to Asakusabashi station of JR Sobu Line)
Land: 100.01 sq. meters
Floor area: 265.66 sq. meters
Structure: steel frame / 3 stories
Built in: 1990
Current rental income: 260,000 yen/ month or 3,120,000 yen / year
other feartures: 1F / office space (about 30 sq. meters) / 2F – 3 x studio / 3+4Fs – a 3-bedroom apartment
The neighborhood is back of major streets of Asakusabashi. In fact, it is very quiet and there is a row of small Japanese houses in front of the property. This property would be ideal for small business.
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.
Monday, October 19th, 2009
Ministry of Land, Infrastructure and Transport corporate with Waseda University and others, developed constant-quality house price indices for Japan. (Japanese version Case-Shiller index)
They utilized market data of secondhand condominiums and referred America’s representative house price indices,
“S&P Case-Shiller Home Price Indices” as well.
These are first home price indices which extensively collected actual market prices in Japan. They are trying to tentatively send these indices to Tokyo Stock Exchange and Osaka Securities Exchange within the year.
Their aims are providing better transparency to activate the market. Waseda University indexed market prices and rents of secondhand condominiums for the past ten years, which were provided by Real Estate Information Network For East Japan.
Relatively, there are more transactions dealings on condominiums than houses therefore they reflect the fluctuation of house prices more accurately.
Provided by Nikkei News Paper on Oct 15th
Friday, October 16th, 2009
We read lots of news about current administration, especially we see two topics very positive for Tokyo real estate market.
1. Haneda Air port international hub plan
2. Linear Motor Car plan
1. Haneda Airport is currently focusing on domestic flight and not international flight, but current goverment just announced they will use it for international flight as well. This is pretty positive for Japanese economy to attract more foreign flights from overseas, especially from Asia economic powers.
This changes affects Tokyo real estate market espcially south area of Tokyo such as Oota-ku, Shinagawa-ku, Minato-ku and Kanagawa prefecture such as Kawasaki, and Yokohama.
If this ariport turns into international and 24 hours airport, needs for stay will increase definitely. Also, business activity will pick up as well.
1-① Tokyo monorail will get benefit from this change, and also area around their stations, such as Hamamatsuho station, Tennozu station, and so on will be more popular in the future.
1-② Keikyu will also get benefit from this change and several stations are particulary interesting such as Shinagawa station, Kawasaki satation, Keikyu kamata station, and Heiwajima station.
2. Linear Motor Car Plan
Shinagawa station, Nagoya station, and Osaka station are almost done deal. (But official information is not open yet.)
Tuesday, October 13th, 2009
Dear international investors,
I went to survey a retail space in a 7-story building by JR Harajuku station. The building is 50 meters north of popular and populas Takeshita Exit of the JR station from which the Takeshita Street streches eastward.
Takeshita Street is probably the most popular and populas commercial street in Japan. It is particulary popular among teen agers. Because it is so crowded with young people, when you go to Takeshita Street and see those people, you can not help but wonder whether or not they should go to school. The street is bustling with trendy fashion boutiques and restaurants and paralles Omotesando which is also globally famous and is crowded with the world’s first-class fashion boutiques.
So many Japanese and international companies want to have their boutique or restaurant in Harajuku not only because profit is a surety but also their shop will be seen and recognized by so many people including international tourists.
I surveyed rental space in a building a minute-walk from Takeshita Street. Its specs are as follows:
Structure: SRC / 7 stories
Built in: 1993
Floor area: approximately 40 sq. meters
Monthly Rent: 336,000 yen
As soon as I arrived, I felt very positive about the location. It made me feel like having my own coffee shop in the building. There was a long line of people in front of a ramen shop on 1st floor of the building when I went there. I take it that the shop is good.
Thursday, October 8th, 2009
We have an apartment for sale in Shibaura Island. This property is very convinient for urban business people.
(12 min from Tamachi station by walk, and 11 min from Shibaura Futo station by walk, one meter to Shinagawa station by taxi)
There are lots of public amenities such as study room, party room, guest room, sound studio, kids room and so on.
If you have any questions, let us know.
information of Tokyo properties
Tuesday, October 6th, 2009
Dear International Investors,
First comes, first served.
A bargain property (an apartment building) has just come out on market. My co-w0rkers and I agree to each other that it is a very good investment opportunity in many respects – quality, potentiality, location, and price. Please feel free to contact us, if you are interested in it. We don’t want you to miss out with a good investment opportunity with promising real estate in Tokyo. Its specs are as follows:
Type: apartment building
Price: 480,000,000 yen
Land: 401.26 sq. meters
Floor area: 1,001.83 sq. meters
Structure: RC / 4 stories + 2 stories underground
Built in: 2002
Annual Income (at operation rate of 100%): 3,617,000 yen/month
The bargain property is in Akasaka which is known for the world’s first-class restaurants, famous companies, and show business. In fact, there are so many international restaurants in Akasaka which are doing a fantastic job in entertaining not only domestic celebrities but also international ones. Also, Akasaka is always bustling with businesses.
The apartment will provide you excellent access to work and entertainments, including those in Roppongi and Harajuku, because Akasaka is conveniently connected to many places of Tokyo with Tokyo Metro Marunouchi Line and Ginza Line. You may think that Akasaka is grey and dark with concrete buildings. But it actually has much greenery and nice parks.
We hope you will consider it for investment. We are looking forward to the opportunity to serve to you.