Struggling to find a large apartment to buy in Tokyo? There’s a good reason for that.
Brand new apartments over 100 sqm in size supplied across greater Tokyo in 2019 accounted for just 1.9% of total supply. This is a slight improvement from the 1.3% share in 2018.
For the existing apartment market, the share was higher at 3.9%, although that ratio has not changed over the past three years and remains at a relatively low historical level.
Just under 40% of all new apartments were in the 70 sqm (753 sq.ft) range, while just 9.1% were sized between 80 ~ 100 sqm. The biggest shift is in the 30 ~ 50 sqm (323 ~ 538 sq.ft) sector where the total share has increased by 3.1 points to 10% in 2019.
Apartments over 100 sqm (1,076 sq.ft) in size are considered a luxury in Japan and usually come with premium price tags. The majority of family-oriented apartments in Japan are typically around the 70 sqm range. In Tokyo’s Minato Ward, for example, the current average asking price of an apartment over 100 sqm is 2,200,000 Yen/sqm (approx. 1,875 USD/sq.ft). This is about 43% more than the average for apartments under 100 sqm in the same district.
A possible reason for the shrinking supply of larger apartments on the resale market may be due to the typical buyer profile. These apartments may be suited more towards owner-occupiers rather than investors, and, due to their higher pricing, may be purchased by wealthier buyers who tend to hold onto them for a longer timeframe.
Wealthy residential districts such as Minato and Chiyoda wards in central Tokyo have a higher ratio of large apartments due to demand. …continue reading
Festival for bread lovers by bread lovers,
First held in the spring of 2016, as the largest bread event in Japan
In March 2020, “Bread Festival 2020 Spring” will be held.
Source: Tokyo Cheapo
A ramen shop in Toronto, Canada received international acclaim back in fall 2018 when it was invited to open up shop in the world-famous Shin-Yokohama Raumen Museum. Ryus Noodle Bar is only the second non-Japan-based restaurant to stand among the museum’s gold-star line-up of eateries.
The post Try Famous Canadian Noodles at Yokohama’s Ramen Museum appeared first on Tokyo Cheapo.
Source: Spoon & Tamago
Uguisudani is a neighborhood in Tokyo located slightly North of Ueno Park. Although it doesn’t have many famous tourist attractions to it’s name, the area is known as a center of the arts and academia, thanks to its proximity to art schools and the Tokyo National Museum. Last month in January, a new hotel called […]
This week “Christopher” dropped in to talk about his experience of being accused of Corporal Punishment as an ALT in Japan. Lots to be learned from this week for teachers in any capacity. Enjoooy.
(I wrote an article touching on this topic a long time ago.
Read it here -> Friendly, not Friends)
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The post (Podcast) An ALT and Corporal Punishment, a Cautionary Tale appeared first on JobsInJapan.com.