1. More than 60% of newly-built condominiums in Tokyo's Chiyoda Ward are owned by individuals who do not reside there.
2. Many of these overseas owners have purchased multiple units for investment purposes, contributing to rising prices.
3. The local government is taking measures to curb the excessive rise in condo prices, including restricting short-term reselling and limiting purchases under the same name.
2. Many of these overseas owners have purchased multiple units for investment purposes, contributing to rising prices.
3. The local government is taking measures to curb the excessive rise in condo prices, including restricting short-term reselling and limiting purchases under the same name.
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Summary
60% of new condominiums in Tokyo's Chiyoda Ward are owned by non-residents, primarily overseas investors for investment purposes. This has contributed to escalating prices. The local government is implementing measures such as restricting short-term reselling and limiting purchases under the same
Reading History
| Date | Name | Words | Time | WPM |
|---|---|---|---|---|
| 2025/10/23 07:58 | Anonymous | 63 | 25s | 151 |
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ID: 08290b90-b342-489b-894d-9133a1450b30
Category ID: listed_summary
URL: https://www3.nhk.or.jp/nhkworld/en/news/20251022_18/#summary
Date: Oct. 22, 2025
Notes: 2025-10-22
Created: 2025/10/23 03:10
Updated: 2025/12/07 23:42
Last Read: 2025/10/23 07:58