Tokyo Real Estate News & Information
Tokyo's Property Market & Useful Tips for Property Owners
Stay informed on Tokyo land prices, redevelopment projects, taxes on Japanese real estate, real estate terms, and more. We provide useful news and information especially for foreigners (non-residents) interested in buying, selling, and owning properties in Tokyo.
Expat Housing in Tokyo - Renting Expat Standard Apartments
Moving to Tokyo as a foreign expat takes a lot of work to find a house and get settled. Such process involves selecting a property, area orientation, arranging a mover, all sorts of registrations, and necessary changes of all kinds. On top of that, you need to find a school and process enrollment i…Read more
Restoration and cleaning fee when moving out of rental housing in Japan
How much of the deposit will be refunded when vacating a rental apartment? The Lease contracts used when renting housing have a clause defining the restoration requirements for a property when moving out. Most contracts will state that “the lessee shall restore the leased property to it's original…Read more
Market rent in Tokyo’s 23 wards by Types of Floor plans
We have summarized here the market rent of rental apartments and houses in Tokyo’s 23 wards as of March 1, 2023. Tokyo is known as the area with the most expensive market rent in Japan, but not all the 23 wards have higher market rents than those in the areas outside of Tokyo, and there are conside…Read more
Official Land Prices of Japan in 2023 – Tokyo’s prices see increase for 2nd Consecutive year both in Commercial Areas and Residential Areas
On March 22, 2023, the Ministry of Land, Infrastructure, Transport, and Tourism announced the official land prices as of January 1, 2023. The data for 2023 shows a 1.6% increase nationwide (0.6% in 2022) in the fluctuation of the average prices for all types of land zoning, and the rate of increase…Read more
Pre-owned condominium apartments in the Tokyo Metropolitan Area – Trends and fluctuations in transaction prices in 2022
We have summarized here the transaction trends for the year 2022 of pre-owned condominium apartments in the Tokyo metropolitan area (Tokyo, Saitama, Chiba, Kanagawa) which is commutable to central Tokyo and the suburbs. The transaction prices are in an upward trend year by year, mainly due to low i…Read more
Tax on Executive’s Company housing - For luxury company housing over 240 square meters
Employer-assisted company housing program in Japan is divided into the one for the employees and the other for the executives. We here explain about taxes on executive’s company housing. What is executive’s company housing? Executive’s company housing is a program in which an employer leases a rent…Read more
Tax on Employee’s Company Housing – How is the tax calculated if the company pays the rent?
When a company pays the rent for an employee, tax payment differs depending on how the company pays the rent and what type of residence the employee lives in. We will explain in detail the types of housing allowances, company housing, and tax amount imposed on each of them. How a Company Pays the R…Read more
What is Act on Rental Housing Management Business (Act on Optimization of Rental Housing Management Business)?
Act on Rental Housing Management Business (Act on Optimization of Rental Housing Management Business, etc.) came into effect on June 15, 2021. With the enforcement of this act to optimize the management of rental housing, the former registration system required by the Ministry of Land, Infrastructu…Read more
6 Different Land Prices - Real Estate Pricing in Japan
What are the differences among Official Land Price, Standard Land Price, Roadside Land Price, and Assessed value of fixed assets? Various prices that indicate the fluctuations in land prices are seasonally released in TV news programs and other media, by the name of Official Land Price, Roadside La…Read more
Rent Arrears and Eviction Process in Japan
When a tenant of your rental property falls behind in his/her rent payment, will you be able to have him/her move out immediately of the property？ When a tenant of a rental property falls behind in his/her rent payment, Japanese law does not allow the lessor immediately to make a request to the ten…Read more