Visitors to Tokyo are often surprised by its blue skies and litter-free streets, by the punctuality of its trains and the generosity of spirit shown to wayward tourists. Around the world, many visitors agree that Tokyo is a safe and comfortable city to visit, and one in which they would like to live.
Out of 37 major cities, Trip Advisor has ranked Tokyo the “Best City to Travel (2014),” beating out popular favorites New York (2nd), Barcelona (3rd), Singapore (16th) and Hong Kong (20th). With cleanliness and public transportation receiving the highest marks, visitors also cite Tokyo’s friendly taxi drivers (2nd) and ease of traveling alone (2nd). That Tokyo has received high ranks for its restaurants (3rd), nightlife (3rd) and shopping (5th) further exemplify its attractiveness. “Enjoying Japanese food”, “Shopping”, “Exploring the city on foot” were selected as the best things to do while traveling in Tokyo.
2013 saw over 10 million foreigners visiting Japan, 24% higher than the previous year. And by November of 2014, over 12 million had visited Japan’s shores - an outstanding 28.2% growth (especially impressive as 39.1% occurred just in November). Tokyo’s airports, Haneda and Narita, along with its interconnected rail and bus networks, have pushed passenger ridership to over 100 million people. The Yen’s appreciation has certainly made Japan even more attractive.
Japan’s efficient railroad infrastructure is famous worldwide. Shinjuku Station’s daily ridership (3.26 million passengers) is on par with the entire population of certain cities, e.g. Singapore (5.4 million) and Kuala Lumpur (1.2 million). Every day, trains bring commuters to Tokyo city centers (Chiyoda, Chuo, and Minato wards - 42.16㎢), with numbers swelling by an additional 1.9 million during the morning and evening rush hours. A highly advanced rail network infrastructure eases the congestion that one would take as a given in a city as populated as Tokyo. You can get to almost anywhere in Tokyo by train and on foot. And the world-famous Shinkansen, which despite reaching speeds of 300km/hour has never had a major accident connects major cities like Osaka, Kyoto, Nagoya to Tokyo. Despite its incredibly large population, Tokyo’s roads and skies remain some of the cleanest in the world. High environmental standards and a healthy civic pride contribute to this remarkable cleanliness.
With the results of 2014 December’s Lower House election, the ruling administration under Prime Minister Abe will continue the economic reform known as “Abenomics.” Further tax incentives will encourage foreign companies to expand to Japan and the economic policies introduced in November 2014 by the Bank of Japan have further raised the yen. For many foreigners, this is the best time to start investing in Japan, especially in the realm of properties. Attractive and innovative, Tokyo will grow to be the headquarters of all Asia, attracting more and more of the world’s best minds.
* Our multinational team accepts both written and spoken queries in English and provides language support for speakers of Mandarin and Bahasa Malaysia.
Each of us investment team members are expert professionals at property investment advisory, with an acquired know-how of Japanese property investment. We are more than happy to support you by helping you develop your ideas about the properties in the pursuit of your goals. Also, our multinational team welcomes any inquires in English and can provide additional support for speakers of Mandarin and Bahasa Melayu.