Property Management Hints and Tips from Japan

Delivering Japanese Real Estate Information and More!

「 年別アーカイブ:2019年 」 一覧

Tenant-Satisfaction and Apartment’s Appearance – 24 Hour Accessible Disposal

Customers check not only the room, but also the common area of an apartment. According to the latest edition of tenant-satisfaction survey conducted by Recruit Sumai Company, more than half of the participants stated that they look at the condition of the common area when renting an apartment. Among the above participants, 84% of them answered that they take into consideration of the disposal station in the process of renting. The condition of the common area reflects how well a property management company is doing their job. Regardless of how nice a room can be, an unhygienic and faul smelled …

Hazard Map and Real Estate Investment

Japan is a hazard vulnerable zone. Every year, Japan gets hit by numerous natural disasters such as earthquakes, cyclones, typhoons, floods, and even volcanic eruptions. Depending on the area, the destruction of natural disasters can be more severe than that of other area. Hazard Map by Japan Government The Ministry of Land, Infrastructure and Transport has published a map showing area that are under the risk of floods, mudslides, and tsunami. This map also shows at what level the area is at risk of the above natural disasters. Below are maps showing areas near Tokyo that are under the risk …

Private Lodging in Japan

2019/10/16   -Living in Japan

Tokyo became one of the fastest growing markets for private lodging with the lack of hotel availability in Japan and the increase of inbound tourists. In popular areas of Tokyo, tourists have to make their reservation 6 months ahead of their trip. Seeing the gap in supply and demand of accomodation, many property investors shift from traditional rental to vacation rental. Vacation Rental Industry and Private Lodging The vacation rental industry has existed since decades ago. It is a type of renting where travelers temporary stay in a furnished house or apartment in alternative to hotels. These apartments can be runned by professional …

Interior-Coordinator – Using Colors to Showcase your Apartment

Have you heard of ”Interior-Coordinator”? Interior Coordinator is a professional who uses various forms of decoration such as furniture and lighting to create an aesthetically pleasing living space. While this qualification is not required in property management, the knowledge of interior design can come in handy when considering the operation of furnished rental apartments and lowering vacancy rate with home staging. Moreover, this is significatly crucial in the case of renovation. Make your property more appealing by home staging We all know the importance of first impression. It is proven that 83% of people’s first impression is determined by what they …

Solution to Limited Storage

Storage is one of the most important factors being considered when looking for housing. Renovating a Japanese-styled wardrobe into modern closet, installing shelves and organizers to make storage more useful are ways to improve apartments’ value. However, for rooms that are too small or with unique shapes preventing them from installing storage space can consider placing storage ”outside”. Japanese Style Closet Modern Closet   Rental Storage at Common Area Following the rules of land-to-building ratio, it is possible to utilize the empty space in your property to install ”rental storage”. For instance, it costs 500,000JPY to install five 1 m2 storage. …

Japanese Government Increasing Quota for International Labor Admission

2019/09/18   -Living in Japan
 

Government’s Scheme to Increase International Students With the steady decrease in population in Japan, Japanese government has increased the admission quota of students and labors from other countries. A few years ago, Japanese government established a scheme to accept 300,000 students from oversea by 2020. The scheme progresses faster than predicted with 337,000 international students by December 2018. Switching from Student Visa to Employment Visa However, only a small part of the population is able to stay for employment due to the strict requirements both government and enterprises set. Japanese government realized that it is necessary to create a more …

Japanese Food Culture – Izakaya

Japanese food culture is well known for the balance in the beauty of its appearance and nutrition value, and has been honored by UNESCO as Japan’s intangible culture heritage in 2013. The use of natural ingredients with cooking techniques that emphasize the inner flavor of each ingredients; and the overall expression of Japanese cuisine from garnish to the choice of tableware is a kind of art unique to Japanese culture. Izakaya in Japan Contrastingly, Japanese culinary tradition also has a casual side to it – izakaya. Izakaya are similar to tapas bars, a type of casual restaurants providing a variety of …

OYO Life – New Style of Renting in Japan

Renting a room in Japan could be time-consuming and frustrating sometimes. The rental process of room-searching to actually moving-in could take as long as a month in most cases. To make the rental process more convenient, OYO Life has launched its business in Japan in 2019. Hassle-free Rental OYO Life provides furnished-rooms with a hassle-free rental process. As some of you may have already known, OYO Life was first established in India in 2013 and later in China in 2017. Up to date, OYO Life is operating 450,000 units around the world including Japan. While conditions might differ among countries, in …

Problem Prevention & Profit Boosting Management Techniques – Organizing Bicycle-Parking

Is the Bicycle-Parking in Everyone’s Property Organized? Bicycle-parking is often located in the front of the apartment near the entrance. Abandoned bicycles can affect the image of the property in a negative way. Moreover, disorganized bicycles fall easily and can cause damage to bicycles nearby leading to neighbor disputes. Problem Prevention and Profit from Parking Fee There are two benefits in organizing bicycle parking – one is to prevent neighbor disputes. In case bicycles fall and damage nearby bicycles, not only does this lead to arguments between tenants, owner and property management company are also at fault as the responsibility to maintain …

The Most Desirable City to Live in Japan Yokohama

2019/08/30   -Living in Japan

According to the latest data from SUUMO Yokohama is chosen the best city to live in the Kanto region*. *Kanto Region refers to the area of Tokyo and the prefectures around. It covers 7 prefectures including: Gunma, Tochigi, Ibaraki, Saitama, Tokyo, Chiba, Kanagawa. Where is Yokohama? Yokohama city is located south of Tokyo and is more of the major commercial cities in the Kanto region. It is 437.38 km2 big and has a population of 3.7 million people making it the most populous municipality of Japan. Yokohama was one of the few cities that opened up its port for foreign ships and making …