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What makes Osaka interesting and distinctive from Tokyo is that the city is sandwiched with two unique cities – Kyoto (a historical and cultural beauty) and Kobe (port town). Osaka is situated as a hub of this tri-city region and the setup allows unique and diverse experiences as a whole. The city is also known as an aquatic city – a number of rivers/canals are flowing across the central city, creating scenic waterfronts at many locations.
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Market Data: Stagant Transaction Performance in NovemberSecond hand condominium property market in Tokyo and Osaka was stagnant in November.
Data: Strong Transaction Performance in both Tokyo and OsakaIn October, both Tokyo and Osaka experienced hike in the second hand condominium price.
Appreciation of Japanese Second Hand Condominium Over the Last 17 YearsKyoto’s Higashiyama Ward recorded the highest price increase over the last 17 years with the 109% hike, surpassing Tokyo’s central district.
The World’s Largest Sovereign Wealth Fund Invests on Real Estate in JapanThe Government Pension Fund of Norway, the largest SWF in the world with an asset of USD 833 billion, announced that it expands its portfolio to Japanese real estate.
Osaka is to Accommodate the Tallest (55F) Base-Isolation System Equipped CondominiumOsaka is to launch sales of 55 story condominium with a state of art anti-earthquake technology. The Park House Nakanoshima Tower, developed by Mitsubishi Jisho Residence, is situated in Nakanoshima District of Osaka.