A new home buying webinar hosted by Dovetail Inc highlights the continued strong interest in Japanese real estate, particularly in Tokyo. The event aims to educate potential buyers on the home purchase process, financing options, and the latest market trends, with a special focus on Permanent Residents (PR) and working visa holders. The webinar is scheduled for May 12 from 6 p.m. to 7 p.m. JST and is free to attend [1].
A significant market development reported in January is that the average asking price for a 70-square-meter used condominium in Tokyo’s 23 wards in 2025 has surpassed 100 million yen ($630,000) for the first time since records began in 1997 [1]. This price milestone is attributed to several factors, including a booming tourist sector, exceptionally low mortgage rates (with variable rates below 1.0%), and the sustained value of Tokyo residential property compared to other global cities [1]. Despite the price increase, Tokyo’s real estate is still considered more affordable than markets in New York, Hong Kong, and London [1].
The article notes that PR and working visa holders benefit from smoother access to home ownership, as banks are more willing to offer mortgages to individuals with stable immigration status. Additionally, Japanese banks often provide preferential interest rates to PR holders due to their lower credit risk profile [1]. The upcoming webinar will also cover topics such as the mortgage tax deduction, repair reserve funds, and long-term repair plans, which are essential considerations for prospective buyers [1].
LINC Inc, a specialized real estate brokerage serving foreigners and overseas investors since 2018, is also mentioned as a key player in bridging international clients with the Japanese real estate market. Their seminars have become highly regarded among international residents and investors, reflecting the growing global interest in Tokyo’s property sector [1].
CONCLUSION
The Tokyo real estate market continues to attract strong buyer interest, with average condominium prices reaching record highs. Low mortgage rates and favorable conditions for PR and working visa holders are supporting demand, while international interest remains robust. The upcoming webinar reflects ongoing efforts to educate and engage both local and foreign buyers in this dynamic market.