There are numerous reasons that make investing in Japanese real estate a compelling and prudent investment decision.
For details on why we believe the market in Japan poses such attractive investment opportunities, please access our “Invest in Japan” page here.
Yes. There are currently no legal restrictions that either prohibit or limit overseas ownership of real estate in Japan. Overseas buyers do not require residency in the country, nor are there any visa requirements in place. Land or building titles can be registered to entities or addresses overseas, and foreigners are free to purchase, own, or sell real estate in Japan at any time.
Comparatively, land and building prices in Japan are not as expensive as those in a number of other mature markets, though currency fluctuations makes a direct comparison challenging.
As an example, the per sq ft selling price of one of our latest condominiums in the Tokyo CBD is SG$920/HK$5,755/US$741 based on the NLA (currency rates as of 25/4/2013, US$1 = JPY 99).
This is largely dependent on area, though in most urban areas the average size is approximately 70 sq. m for a regular family-sized condominium. Smaller sized units are more common in higher-density areas and typical 1 bedroom condominiums (1DK/1LDK) are 25-30 sq.m on average. Luxury condos can be as large as 200-300 sq.m.
This obviously varies depending on the property, type, and location. Generally speaking, most investors focus on real estate in the Tokyo metropolitan area, and yields range from 4-5.5% for residential properties in the five main wards. Higher yields are easily achievable in fringe areas of the city and surrounding areas, as well as in other other regional cities in Japan. Older buildings typically offer higher yields.
A number of our current assets under management provide gross yields of up to 10%.
Unlike the market restrictions and property cooling measures imposed by governments across the Asia Pacific region, the policy risk on the real estate market in Japan is minimal and taxes remain competitive.
For a detailed breakdown of tax regulations applicable to real estate investments in Japan, please consult our Finance & Tax page here.
There are a number of overseas branches of Japanese banks currently considering providing loans to non-residents of Japan. A number of Singaporean banks have a track record providing loans for overseas investment properties, and We have good connections with the Tokyo branches of foreign banks, a number of which provide financing to non-residents of Japan.
For further information, please consult our Tax & Finance page.
We are able to provide a high quality property management service, including tenancy management, rental collection, and building maintenance, and we adopt a value-added approach to all assets under management, not only safeguarding your investment, but boosting your ROI in the long term.
Our rates are highly competitive. Read more on our Property Management service here.
The Tokyo rental market has enjoyed long-term stability and high occupancy rates, and can be considered to be landlord-favourable. The population of Tokyo is increasing at a healthy rate and the tight incoming supply means that vacancy rates for new condominiums are less than 5% on average.
For detailed market reporting, please consult.
For information on the location and contact details of your respective embassy in Tokyo, please consult the Ministry of Foreign Affairs of Japan website here: http://www.mofa.go.jp/about/emb_cons/protocol/index.html.
A map of the location of the Singapore, Hong Kong, China, Taiwan, and Malaysia embassies can be located on our interactive Google Map here.
A “tsubo” is a Japanese unit of measurement for land. Historically, 1 tsubo represents 2 tatami mats, though the size of tatami mats varies between regions and cannot be used as a reliable guide for measurement.
In imperial and metric, 1 tsubo is the equivalent of 35.583 sq ft or 3.305 sqm. On this website, all area sizes will be given in those respective measurements rather than in tsubo.
Please consult our Property Dictionary for explanations of other real estate terms and abbreviations.
The following abbreviations are used by real estate professionals in Japan to represent the number and type of rooms for residential properties.
|1||Number of rooms (excluding kitchen, dining, living, and storage areas)|
|1R||One room apartment (studio).|
|1K||One room apartment with kitchen.|
|1DK||One room apartment with dining and kitchen area.|
|1LDK||One room apartment with living, dining, and kitchen area.|
|1SLDK||One room apartment with storage area, and living, dining, and kitchen area.|
For further explanations of real estate terminology and abbreviations , please view our Property Dictionary here.
Despite the devastation to wooden-structure residential dwellings caused by the tsunami that swept along the north-east coast of Japan, concrete structures, especially condominium blocks and commercial properties remained largely undamaged by the earthquake and proved to be lasting monuments to Japan’s strict building codes and seismic-resistance performance. Due to the damage suffered by so many communities, both condominium and rental prices have witnessed an upward trend over the past year, and demand for new properties is at an all time high, accentuated by the restricted supply of incoming units.