Japanese Tower Apartments Draw Wealthy Buyers at Shanghai Expo

TOKYO, Dec 09 (News On Japan) - A luxury real estate expo, one of the largest in Asia, has begun in Shanghai, drawing significant attention to Japanese properties such as tower apartments from wealthy buyers.

The event, which kicked off on December 6th in Shanghai, showcases premium properties from regions including the Middle East and Europe.

One of the busiest sections is the booth selling Japanese properties, buoyed by the effects of the yen's depreciation.

A Japanese real estate company president handling these properties remarked, "Inquiries and sales contracts for central tower apartments priced over 300 million yen are increasing. Some buyers purchase properties for investment after understanding the specifications through photos and videos without visiting the site in person."

The same executive added, "The booth opens at 10 a.m., and I was surprised to see so many visitors already gathered. With the rise in travel from China to Japan, mutual awareness has also increased."

Although concerns about economic stagnation in China have been raised in recent years, the participating companies uniformly noted that "the wealthy seem unaffected."

Source: ANN

Tokyo Cedar Pollen Season Starts Record Early Since 1985

Cedar pollen dispersal in Tokyo began on January 8th, marking the earliest start since monitoring began in 1985, according to the Tokyo Metropolitan Government.

Man Rescued After Tree Collision at Niigata Ski Resort

A snowboarder in his 50s was dramatically rescued two hours after colliding with a tree at a Niigata ski resort, with the tense and timely operation captured on camera.

Nintendo to Launch Switch 2 in 2025, Teaser Video Released

Nintendo announced on January 16th that it will release the successor to the Nintendo Switch, the Nintendo Switch 2, sometime in 2025.

Avalanche in Aomori: Foreign Skiers Involved, One Injured

An avalanche occurred near a ski resort in Ajigasawa, Aomori Prefecture, involving 13 people, mostly foreign tourists. All were safely evacuated, with one person sustaining minor injuries.

Japanese Lunar Lander Resilience Launched From Kennedy Space Center

A rocket carrying the lunar lander developed by Japanese space venture ispace was successfully launched from the Kennedy Space Center in the United States.

MEDIA CHANNELS

MORE Business NEWS

Japan's corporate bankruptcies hit 11-year high in 2024

Corporate bankruptcies in Japan rose for the third straight year in 2024. It is the highest number since 2013. Rising prices and labor shortages were to blame in many cases. (NHK)

Kobe Eyes Vacant Unit Tax to Curb Speculation in High-Rise Condos

Kobe is set to become the first city in Japan to consider imposing a tax on vacant units in high-rise condominiums. Mayor Hisamoto expressed strong support for the measure, stressing that the city will avoid repeating the situation seen in Tokyo’s Harumi Flag development.

Tokyo Marine to Raise Starting Salary for University Graduates to Up to 410,000 Yen

Japan’s largest non-life insurer, Tokio Marine & Nichido Fire Insurance, has decided to raise the starting salary for university graduates joining the company in April next year. The salary for general positions will increase from approximately 280,000 yen to a maximum of about 410,000 yen.

Nippon Steel’s US Steel Acquisition Deadline Extended Until June

The deadline for the U.S. presidential order, which demanded the termination of Nippon Steel’s planned acquisition of U.S. Steel within 30 days, has been extended.

Japanese Automakers Struggle in China

Japanese automakers reported last year’s new car sales in China, revealing a year-on-year decline across all three major manufacturers. In response, they are working to restructure operations and strengthen their market strategies.

Fast Retailing to Raise Starting Salary to 330,000 Yen

Fast Retailing, the operator of Uniqlo and other brands, has announced plans to raise its starting salary to 330,000 yen.

Post-Holiday Blues Drive Surge in Job Resignations

The nine-day New Year holiday, often hailed as a "miraculous break," has come to an end, and everyday life is gradually resuming. However, for some, this period marked a turning point—deciding to quit their jobs. One resignation service provider reported a record-high number of client requests.

Sony, Honda Reveal Advanced EV Model Ahead of U.S. Tech Expo

Ahead of the opening of CES, the world’s largest technology expo, Sony Group and Honda have unveiled their first mass-produced electric vehicle (EV) model under the ‘AFEELA’ brand.

< 2 3 4 5 >