Purchase Properties in Japan
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Japan Market
Japan, still the world’s third largest economy, the largest city in the world by population and GDP. With the growing foreign population as a stable market, it is drawing interest to the overseas real estate investment.
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Profitability
One of the world’s leading markets for residential, commerce office and retail properties.
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Stability
High quality, durability and high occupancy rate.
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Ownership
Simple and transparent ownership process. Increasing trend of foreign investors in the real estate market.
Buying Guide
Below is a step-by-step guide for a typical buying process when buying a property in Japan.
After you have determined your criteria (e.g. price-range, expected return, location, and asset type) for the property, let our expert from Tokio Property Global Sales Team to assist you. We also have multi-lingual consultant who will be able to assist you in English, Chinese or Korean.
Our consultant will match properties that meets your criteria to our extensive database, at the same time, providing latest information as well as the market trend.
At the same time, our consultant will also assist you on the financing method for the property.
It is important to physically check out the property and its surrounding environment, that’s why our consultant will assist to make arrangement for you to visit the site after the submission of “Confidential Agreement” (CA) or “Non-Disclosure Agreement” (NDA) for the property.
Upon checking all documents provided by the Seller of the property and your decided financing method, you will need to issue a “Letter of Intent” (LOI) to indicate your offer to purchase the property. This LOI will include the offer price and buying terms and conditions. The seller will issue the “Consent for Sale” when your offer is accepted.
It is the duty of the real estate agency in Japan to perform “Explanation of the important matters” in the preparation of “Sales and Purchase Agreement” for property.
This will include the property’s registered information, regulations by the City Planning Law and the Building Standards Law, information regarding cancellation of the agreement, and other related matters.
In addition, 10% to 20% of the sales price must be paid as a down-payment.
Payment for balance amount (Sales price minus down-payment) will be done at the same time as the "registration procedures" by judicial-scrivener.
Under normal circumstances, the Seller, Buyer and other related parties will be present for the handover of the property.
Our Support
Our committed sales team in Japan consists of more than 80 branches, together with strong relationship with thousands of clients, providing us with large volume of information and update on daily basis.
Tokio Property and Nomura Real Estate’s Global Sales Department also have networks in East and South-east Asia.
We provide consulting to clients with interests to invest in Japan. We also hire diverse multi-lingual staff at our Tokyo head office in order to support our – English, Chinese, and Korean speaking clients. In addition to the services offered by Nomura Real Estate Group, we are also able to assist in arranging legalisation and regulation support such as Licensors, Law Firms, Accountants, etc., to assist our clients in making successful investment in Japan.
About Us
| Company Name | Tokio Property Services Pte Ltd |
|---|---|
| CEA (Property License) | L3008753E |
| Managing Director | Toru Takano |
| Date of Establishment | September 1983 |
| Paid-up Capital | S$500,000 (50% Toru Takano / 50% Nomura Real Estate Development Co., Ltd.) |
| Head Office | 20 Kramat Lane #03-12 United House, Singapore 228773 |
| Branch Office | Indonesia, Japan |
| Group company |
Nomura Real Estate Development Co., Ltd. Relo Redac, Inc. TRE 21 Pte Ltd |
| LINK |
History
| 1983 Sep | Tokyu Property Services was established in Singapore as a 100% subsidiary of Tokyu Land Corporation, for the purpose of managing the latter's property development project, The Claymore. It managed 146 properties. |
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| 1990 Apr | Started managing apartments developed by other companies such as Casa Cairnhill, Dunearn Gardens and D'Grove Villas. At the same time, it commenced its air-con maintenance business. |
| 2001 Mar | Merged with Tokyu Real Estate (Singapore), a wholly owned subsidiary of Tokyu Land Corporation, and absorbed the latter's ten-year-old real estate intermediary services department. |
| 2001 Dec | Changed name to "TOKIO PROPERTY SERVICES PTE LTD" due to a change in main shareholder. Withdrawn from the apartment management business and focused resources on real estate agency, interior work and air-con inspection & maintenance services. |
| 2005 May | Formed TRE21 Pte Ltd as an affiliate, entrusting it with the air-con maintenance,interior works and water filter business. |
| 2005 May | Increased its paid - in capital to SGD500,000 |
| 2012 Mar | Established PT. TOKIO PROPERTY SERVICES INDONESIA in Jakarta |
| 2015 Aug | Began partnership with Mitsui Fudosan (Asia) and Mitsui Fudosan Real Estate. |
| 2015 Dec | Formed a business alliance and signed a secondment agreement with Nomura Real Estate Urban Net. |
| 2016 Jan | Started Japanese investment property brokerage business 2016 Jul Established TOKIO PROPERTY JAPAN CO. LTD. |
| 2016 Oct | Formed a business alliance and signed a secondment agreement with Nomura Real Estate Development co.,Ltd |
| 2019 Jan | Formed a capital alliance with Nomura Real Estate Development co.,Ltd (50/50) |
| 2019 May | Formed a business alliance with Relo Redac Singapore, Pte. Ltd., a foreign subsidiary of Relo Redac, Inc. (a U.S. based subsidiary of Relo Group, Inc. in Japan) |
Purchase Properties in Japan
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