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.
- Second hand condominium property market in Tokyo and Osaka was stagnant in November.
- In October, both Tokyo and Osaka experienced hike in the second hand condominium price.
- Kyoto’s Higashiyama Ward recorded the highest price increase over the last 17 years with the 109% hike, surpassing Tokyo’s central district.
- The 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 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.