Get the latest intelligence direct to your inbox.

Japan’s condominium management companies are increasingly proposing not only higher repair reserve contributions but also longer repair cycles, postponed work and reduced repair specifications as rising repair costs put pressure on building finances. A new survey by the Mansion Management Companies Association found that 272 of 290 responding management companies had proposed increasing repair reserve contributions at one or more properties they managed during the previous ye

Redevelopment projects across Japan are increasingly being delayed, scaled back or cancelled as soaring construction costs undermine project economics. What began as a regional “wait-and-see” trend is now spreading to prime central Tokyo, including redevelopment plans involving the Grand Prince Hotel Shin Takanawa and the Imperial Hotel Tokyo. With material costs expected to rise further amid worsening tensions in the Middle East, developers have few signs of relief. Regional

Tokyo condominium prices were still rising in June, but a sharp deterioration in residential real estate agent sentiment suggests conditions in the capital’s for-sale housing market may be weakening before that slowdown becomes visible in headline transaction-price data. Photo by Chris Liverani on Unsplash AtHome’s Sales-Agent Diffusion Index (DI) for the Tokyo 23 wards fell to 44.4 in the April-June quarter from 51.3 in January-March. In Chiyoda, Chuo and Minato, Tokyo’s thr

High construction costs are strengthening the case for Japan to make better use of its existing homes. Industry groups are pushing for more support for renovation, energy-efficiency upgrades and a stronger resale market that could help sound older properties remain useful for longer. The argument is gaining weight even as shortages of construction materials and labor remain relatively contained. Japan’s construction costs are still elevated. MLIT’s construction cost deflator,

A major redevelopment rising beside Tokyo Station has been officially named YAESU CORE, with Honda and Chugai Pharmaceutical already planning to relocate major headquarters functions to the project after its scheduled completion in January 2029. Building logo and exteior CG courtesy of the developers. The 43-story mixed-use development will contain approximately 389,290 sqm of total floor area and rise about 227 meters above the Yaesu side of Tokyo Station. The Yaesu 2-Chome