Survey Overview Kenbiya Co., Ltd. conducted its 25th 'Real Estate Investment Sentiment Survey' among its members. The results indicate that market overheating has cooled, and investors are carefully evaluating their next moves.

Market Conditions While 66.2% of respondents feel prices have risen compared to a year ago, this is an 11.7-point decrease from the previous survey (77.9%). Furthermore, 60.9% of investors now say they 'cannot say' whether it is a good time to buy or sell, a significant increase of 17.9 points from the previous survey (43.0%).

Property Purchases Only 42.6% of respondents purchased property in the last year, a 15.0-point decrease from the previous survey (57.6%). 'Apartment buildings' remain the most preferred property type, both for recent purchases and current active searches. By region, investment demand is heavily concentrated in the Tokyo metropolitan area, with 'Kanagawa, Chiba, and Saitama' at 45.1% and 'Tokyo' at 44.6%.

Financing Environment 85.3% of respondents reported that interest rates have 'risen' compared to a year ago. In response, longer loan terms have become more common, with 39.5% utilizing 21-30 year terms and 28.7% opting for 31 years or more, showing an upward trend in long-term financing.

Advice for New Entrants Top advice for preventing miscalculations in investment plans included 'Financial planning and fund management' (27.4%) and 'Study and preliminary research' (26.4%).

FACT BOX

  • Source: PR TIMES
  • Category: Survey