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Generalreview

Japan Property Market Shapeshifts from Covid Disarray to its Stable Position

It has been more than a year since COVID-19 transformed the world, forcing changes in lifestyle, imposing restrictions across businesses - without warning, without bias. In the investment world, the priority became “flight to safety,” which has historically always favored the land of the rising sun. Japan stands as a self-sustaining market with deep domestic demand, less reliant on foreign trade. A country with relatively stable currency. A national environment unlikely to be affected by geopolitical risk. Here is how various sectors of the Japanese property market have maintained their stability over the last year –

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Japan Properties
Generalreview

L4 Autonomous Driving Project to Revitalize Japan’s Rural Areas

Japan is bolstering its autonomous driving ambitions with a new project to be formally introduced Wednesday to expand the use of self-driving vehicles in more than 40 locations around the country by 2025. The “Road to the L4” project aims to popularize advanced mobility services including Level 4 autonomous driving, wherein vehicles can operate without a human at the wheel. It will include demonstrations of the technology to promote acceptance and understanding, according to the Ministry of Economy, Trade and Industry. One of the goals is to help revitalize communities.

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Generalreview

Spacious Residence Trending to Accommodate Work-From-Home Lifestyle

“I was distressed both physically and mentally” in the former apartment, which had floor space of 25 sq. meters, she said, explaining why she has relocated to the new apartment, which is roughly twice as big. In the studio, she had no space for a desk despite having to work more from home, and her work and rest time became increasingly difficult to separate. One of her friends became ill due to continuously working from a small apartment, she said. Although the monthly rent for the new apartment is about 20,000 yen ($182) higher, she said, “I feel relaxed here.”

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Generalreview

The Value Behind Japan’s Stigmatized Properties

Once thought of as impossible to sell, each of the properties is marked by a dark history. They were the sites of various unfortunate incidents, including the deaths of previous residents. But now, Marks’ Jobutsu Estate website, named after the Japanese word for “resting in peace,” is showcasing these properties rather than giving them a pass.

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