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On November 22 nd , NHK World News aired a report breaking down Japan’s newly approved multitrillion-yen economic stimulus package and what it means for households facing rising living costs. NHK World News YouTube channel doesn’t allow embeds on third-party sites, so either click the image above or here to watch the segment . Key Topics Covered Japan has launched a ¥21.3 trillion stimulus package to ease inflation and support growth.   The plan restores electricity and gas s

On November 20 th , the Nikkei Shimbun reported  that the share of newly built condominiums in Tokyo’s 23 wards that were resold within one year of purchase reached 9.3% for units bought between January and June 2024, according to preliminary findings from Ministry of Land, Infrastructure, Transport and Tourism (MLIT) analysis based on property registry data. Photo by Jezael Melgoza  on Unsplash This marks the first time the ministry has conducted such a study, with full find

The Real Estate Economic Institute released its October report on the Greater Tokyo Area (GTA) brand new condominium market on the 20th. The GTA includes Tokyo, Kanagawa, Chiba, and Saitama prefectures. Photo by Timo Volz  on Unsplash GTA brand new unit launches totaled 1,316, down 28.2% year-on-year - the first decline in four months. By area, launches fell sharply in Tokyo’s 23 wards (535 units, -34.4%) and Chiba Prefecture (100 units, -76.6%), while Tokyo’s non-23 ward are

Japan-based real estate property portal Kenbiya has released its latest monthly summary of market trends for residential income-producing properties across Japan. Kenbiya differentiates itself from other property portals by focusing only on income earning, or buy-to-let, properties. The report, compiled by the firm, tracks advertised listing data published on the portal by subscribing agents for three major asset classes - strata-title condos, wood-frame multi-family whole bu

On November 12th, Wealth Management announced that construction has begun on a new hotel project in Hakuba’s Echo Land district, selecting “Cassia Hakuba” as the working brand name. The development is being carried out with Banyan Group, an international hospitality company. A ground-breaking ceremony took place on October 1, and the opening is scheduled for 2028. Finished exterior CG rendering courtesy of Wealth Management’s press release, linked at the bottom of the article