So, why Japan Property?
All your questions will be answered in the FAQs below.
Wow Factor #1
Low Entry Price from $3xxk only
(Financing available) 50-70% LTV*
Wow Factor #2
Nett return of (5 years @ 5%* GRR) for
resale units or brand new B&B units
around 7%* gross rental return.
*Terms and conditions apply
Wow Factor #3
Exit Strategy* from potential upside of
approval of B&B, casino, upcoming
Rugby World Cup 2019 & Olympics 2020.
There are 23 wards in Tokyo and, my focus is on the 5 central wards only.
Yes. The rise in property prices is known as the "Olympic effect", as seen in previous hosting cities.
Yes, provided you have the cash or finance. Unlike many other countries, there are currently no laws or regulations inJapan that prohibit or control the purchase of Japanese real estate by foreigners. There are no restrictions over residency or visa status.
All buildings in Japan are required to have an earthquake-resistant structure, which means that new construction can only be approved in rigorous compliance with earthquake-proof standards set by law.
After the earthquake off the shore of Tokachi in 1968, the standard for tie-hoops of RC, or reinforced concrete structure, was tightened.
Following the disaster caused by the earthquake off the shore of Miyagi Prefecture in 1978, the Building Standard Act was revised and the New Anti-seismic Design Code came into effect.*
The new standard focuses not only on preventing the collapse of buildings during earthquakes but also on how to secure the safety of the people inside them.
According to the Old Standard, buildings were expected to resist an earthquake of JMA seismic scale 5
The New standard mandates that buildings are able to resist an earthquake of JMA seismic scale upper 6 or higher
* The New Anti-seismic Design Standard has been applied to all buildings requesting approval of construction as of June 1st, 1981.
|1995||After the Hanshin-Awaji earthquake in 1995, the Act for Promotion of Renovation for Earthquake-Resistant Structures (a regulation that promotes the structural strengthening of existing earthquake-resistant buildings in Japan) came into effect.
It required the earthquake resistance level of buildings larger than a certain size to be assessed and their structures renovated in accordance with the higher earthquake proof performance level set out by the New Anti-seismic Design Standard.
The Building Standard Act was revised in order to improve the safety of wooden buildings and to clarify anti-seismic performance level, specifications and building foundation forms. Ground investigations became virtually mandatory.
|2009||The Licensed Architect Act was revised as a result of a falsification of structural information that was discovered in 2005. The new law required all buildings larger than a certain standard of size to be structurally designed by a 1st class registered architect.|
Most buildings collapsed in the Hanshin-Awaji earthquake in 1995 were built before the New Anti-Seismic Design Standard came in effect. As can be seen above, standards for earthquake resistant buildings in Tokyo and Japan at large have been tightened with each new revision of the law. These changes are to be expected, as the country has always pushed for more and better earthquake-proof buildings. Of course, a successful policy requires more than laws, but actual, physical changes in structure to make buildings safer. Below is a basic outline of various types of building structures and the types of materials used therein.
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