General Trends in the Expatriate Housing Market in Tokyo

Written by Kenneth Arbour on March 20, 2014. Posted in Uncategorized

Arbour (425x640)For expatriate rental housing in central Tokyo property availability has continued to tighten, with corresponding higher prices, in both the low and medium price range (approximate USD3,000 to 12,000/month rental rates).  The belief is that this will continue for the foreseeable future as companies continue to localize and cut back on benefits which has resulted in foreign employees who perhaps formerly were in the highest sectors now moving more into the middle range.  Companies also appear to be bringing in more singles and younger people than before, most of whom will live in short term or lower priced accommodation


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Perspectives on Tokyo Living & Real Estate III

Written by Kenneth Arbour on March 3, 2014. Posted in Uncategorized

Kenneth Arbour, President of Century 21 SKY Realty and Tokyo Orientations, has spent over 20 years in the real estate and relocation business in Tokyo. This is the third of four articles, in which Ken covers trends in the real estate market in Tokyo and Japan.

With his feet firmly on the ground, and with more than a little humor, in this article Ken covers the relocations market and the services his company provides corporations and expatriates.

The world of relocation services
The world of employee relocation doesn’t sound, off hand, as if it would be of much interest to the average person, or at least someone not in human resources. But this particular business niche has seen some rather dramatic changes as it has evolved over the last 10 to 15 years. No longer does a new assignee to Japan, Mr Brad Smith say, suddenly arrive with his wife Angelina at his hotel, pull out the Yellow Pages and try to find a home, a school for the kids, a doctor, a language teacher and all the things that go into living here―and not only here, but in practically any reasonably sized city in the world.


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Perspectives on Tokyo Living & Real Estate II

Written by Kenneth Arbour on March 3, 2014. Posted in Uncategorized

Kenneth Arbour, President of Century 21 SKY Realty and Tokyo Orientations, has spent over 20 years in the real estate and relocation business in Tokyo. This is the third of four articles, in which Ken covers trends in the real estate market in Tokyo and Japan.

With his feet firmly on the ground, and with more than a little humor, in this article Ken covers the relocations market and the services his company provides corporations and expatriates.


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Perspectives on Tokyo Living & Real Estate I

Written by Kenneth Arbour on March 3, 2014. Posted in Uncategorized

With more than 20 years in the real estate and relocation business, Kenneth Arbour, President of Century 21 SKY Realty, is providing a 4-part series of articles covering interesting trends in the marketplace

These articles are drawn directly from Mr. Arbour’s extensive experience in residential and commercial sales and leasing, and presented from a ground-level perspective.

Tackling the Real Estate Market in Tokyo

Riding the Wave in the ’80s
It’s been a roller coaster, a ride that not only reflects the dramatic changes in real estate values in Tokyo itself, but also the often topsy-turvy nature of perhaps any business. When I first started with Century 21, land values in Tokyo were rising at an incredible clip - 100%, 200% maybe more - every YEAR! It really could not last, but who ever believed it would? After all this was 1987, and in the four decades since the war land prices had never fallen. Why shouldn’t the Imperial Palace be worth more than the State of California? The Nikkei was hitting 37,000! This was the Japan that could say no!


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Shukan Asahi Magazine Utilizing the Century 21 Global Network

Written by Kenneth Arbour on March 3, 2014. Posted in Uncategorized

Since our establishment from the “bubble” period of the late 80’s to the hard times after 9/11, we have gained much insight on the Japanese real estate market. We have been recognized by many Japanese magazines as a respectable real estate service agency for the expatriate community in Tokyo, Japan.article_5


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AERA Magazine Utilizing the Century 21 Global Network

Written by Kenneth Arbour on March 3, 2014. Posted in Uncategorized

Since our establishment from the “bubble” period of the late 80’s to the hard times after 9/11, we have gained much insight on the Japanese real estate market. We have been recognized by many Japanese magazines as a respectable real estate service agency for the expatriate community in Tokyo, Japan.

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Real Estate Japan Residential Property Financing Criteria for Foreigners in Japan

Written by Kenneth Arbour on March 3, 2014. Posted in Uncategorized

Editor’s Note: Kenneth Arbour is the President of Century 21 SKY Realty which has been serving the foreign community in Tokyo for all real estate needs for over 20 years.

If you’re long term in Japan then who hasn’t considered buying rather than renting. Rather than paying off someone else’s mortgage, it is always better to pay off your own. However, for foreign people living in Japan, one obstacle has always been a factor; where to get financing.

Below I outline which banks here in Tokyo are offering foreign people residential loans and what kind of base criteria they are looking for when lending money for residential properties. Take a look and I’m sure you’ll be surprised at your options!

Click on the image to enlarge the chart:

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Century 21 SKY Realty, Inc. Yatsuka Bldg. 1F 1-3-8, Higashi-Azabu Minato-ku, Tokyo 106-0044, Japan

+81-3 / 3585.0021 | k.arbour@century21.ne.jp

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