Japan property

[princess_morbucks]

Saw this ad in today's Straits Times :

https://pbs.twimg.com/media/BggRnokCIAE6R1z.jpg

Is this worth it?
5 years guaranteed rental return.
Any idea what's the rental yield?

[Simi]

Saw this ad in today's Straits Times :

https://pbs.twimg.com/media/BggRnokCIAE6R1z.jpg

Is this worth it?
5 years guaranteed rental return.
Any idea what's the rental yield?

Looks interesting
may take a look tomorrow if time permits

Japan rental guaranteed usually run by a Leasing Company and yield is around 2 ~ 3 % normal

[princess_morbucks]

Thanks.....a rental yield of 2-3 % is not attractive, unless there is a potential of capital appreciation.
Please share more if you attend the seminar.

[dtrax]

tia kong rental yield around 6%, potential capital appreciation of up to 9%. Tia kong only..

[princess_morbucks]

tia kong rental yield around 6%, potential capital appreciation of up to 9%. Tia kong only..

Wow, jin ho tia ! :)

[princess_morbucks]

Googled and found this :

http://japanpropertycentral.com/2013/12/residential-yields-and-vacancy-rates-in-minato-ku-december-2013/#more-18967

Bro dtrax is right !

But the article said :

The calculations do not include:
Rental management fees
Annual fixed asset taxes
Any income taxes payable
Purchase fees
RepairsAny idea how much will that come to?

[dtrax]

Googled and found this :

http://japanpropertycentral.com/2013/12/residential-yields-and-vacancy-rates-in-minato-ku-december-2013/#more-18967

Bro dtrax is right !

But the article said :

The calculations do not include:
Rental management fees
Annual fixed asset taxes
Any income taxes payable
Purchase fees
RepairsAny idea how much will that come to?

ah haha.. thanks for doing the homework

[Simi]

tia kong rental yield around 6%, potential capital appreciation of up to 9%. Tia kong only..


Rental yield of up to 6% is Possible if you do it yourself

But as posted earlier, 2~3% yield GUANRANTEED usually managed by a Leasing Company


am seriously thinking of investing in either Tokyo or Osaka :ashamed1:

[dtrax]

Googled and found this :

http://japanpropertycentral.com/2013/12/residential-yields-and-vacancy-rates-in-minato-ku-december-2013/#more-18967

Bro dtrax is right !

But the article said :

The calculations do not include:
Rental management fees
Annual fixed asset taxes
Any income taxes payable
Purchase fees
RepairsAny idea how much will that come to?

maintenance and repair fund can take $15k yen/mth av.. tia kong only..

[Simi]

Thanks.....a rental yield of 2-3 % is not attractive, unless there is a potential of capital appreciation.
Please share more if you attend the seminar.

Princess

suggest you attend one yourself la
you get first hand information

[Simi]

tia kong rental yield around 6%, potential capital appreciation of up to 9%. Tia kong only..

Potential appreciation will depends on whether you believe in what they tell you :cool:

Abenomic and the 2020 Olympic Games ...ETC :ashamed1:

[JNSYN]

Rental yield of up to 6% is Possible if you do it yourself

But as posted earlier, 2~3% yield GUANRANTEED usually managed by a Leasing Company


am seriously thinking of investing in either Tokyo or Osaka :ashamed1:

I have just received a proposal for a whole apartment block in Tokyo, old building. Fully rented, yield 11%. Asking around s$1.6m.

If can get 70% loan, COC return around 16% if interest is 2.8%.

But I am not familiar with Japan so don't know how to evaluate this proposal. Anyone keen to know?

[mygeemeel]

I was also keen to buy 1 unit last year. Even flew over to look at showflat.

Did not buy because not sure if rental demand is sustainable with declining birthrate, not many foreigners working in Japan. these are my thoughts.

Their units there are nicely furnished. Just bring your luggage.

Foreign buyers got to keep for 3 years or else get capital tax. cannot rem details. Loan interest i think not low.

Please share if you attend the talk. I am still itchy and if can loan from sgp bank, i may consider.

Lastly better buy near JR or Shinkansen for better demand.

[Arcachon]

http://www.iaea.org/newscenter/focus/fukushima/

5 February 2014 | The Nuclear Regulation Authority (NRA) of Japan provided the IAEA with an update on radioactivity in seawater at TEPCO's Fukushima Daiichi Nuclear Power Station (NPS).

People are getting out of Japan,:beats-me-man:

http://www.youtube.com/watch?v=25gLi5Y_PTM

[Arcachon]

http://www.youtube.com/watch?v=2Vua6uuJO_c

http://www.youtube.com/watch?v=x3QZ6MGPBog

[jwong71]

Japan housing is expensive that the locals need to rent too.

what do u think of the demand then..?

I flew Japan during on my previous job

[Arcachon]

When Life is short better to rent.

[jwong71]

Japan housing is expensive that the locals need to rent too.

what do u think of the demand then..?

I flew Japan during on my previous job

flag down fee for a cab in Japan is ¥710= $8.78... in year 2010

not cheap.

[teddybear]

Just think about,
Japan's aging population situation is one of the worst in the world!
Every year, many more people died than born.

After 10 years, you think your property will appreciate in price? Who are you going to sell to if you decide to cash out when so many more properties owned by these just dead people will go onto the market?

After 10 years, you think your property rental will increase in rate if you rent out? Who going to rent from you? Ghosts? :rolleyes:



I was also keen to buy 1 unit last year. Even flew over to look at showflat.

Did not buy because not sure if rental demand is sustainable with declining birthrate, not many foreigners working in Japan. these are my thoughts.

Their units there are nicely furnished. Just bring your luggage.

Foreign buyers got to keep for 3 years or else get capital tax. cannot rem details. Loan interest i think not low.

Please share if you attend the talk. I am still itchy and if can loan from sgp bank, i may consider.

Lastly better buy near JR or Shinkansen for better demand.

[princess_morbucks]

http://www.businesstimes.com.sg/breaking-news/asia/land-prices-japans-big-cities-rise-first-time-6-years-20140318


[TOKYO] Land prices in Japan's largest cities rose for the first time in six years in 2013 while declines slowed in the rest of the country, data showed on Tuesday, as Prime Minister Shinzo Abe's loose-money policies spurred asset purchases.
Commercial land prices in Tokyo, Osaka and Nagoya rose 1.6 per cent on average, reversing a 2012 fall of 0.5 per cent, while residential land was up 0.5 per cent, compared with the previous year's 0.6 per cent decline, according to a survey released by the Ministry of Land, Infrastructure, Transport and Tourism.
In other cities, prices declined for a 22nd year, highlighting the stark divide between the biggest urban centres and smaller ones. Nationwide land prices, excluding the top three cities, fell 1.7 per cent last year, compared with a 2.8 per cent decline in 2012.
Abe's government spending and the Bank of Japan's flood of cash into financial markets, aimed at ended 15 years of deflation, have weakened the yen and spurred a surge in corporate profits and stock prices. "Because of the stock market rise, wealthy individuals were encouraged to invest in housing in exclusive residential areas,"said Isao Ishibashi, a member of the ministry's land appraisal committee.

[Arcachon]

http://www.businesstimes.com.sg/breaking-news/asia/land-prices-japans-big-cities-rise-first-time-6-years-20140318


When you print money what will happen.

[Arcachon]

https://www.youtube.com/watch?v=vSEk_AXW7Jw