1.0WealthParkhttps://wealth-park.com/enBuying a Property in Tokyo | Edogawa Chapter 1: Koiwa, Kasai - WealthParkrich600338<blockquote class="wp-embedded-content" data-secret="XMLTCpAw4o"><a href="https://wealth-park.com/en/wealthpark-blog/20210614tokyoedogawa1/">Buying a Property in Tokyo | Edogawa Chapter 1: Koiwa, Kasai</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://wealth-park.com/en/wealthpark-blog/20210614tokyoedogawa1/embed/#?secret=XMLTCpAw4o" width="600" height="338" title="“Buying a Property in Tokyo | Edogawa Chapter 1: Koiwa, Kasai” — WealthPark" data-secret="XMLTCpAw4o" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://wealth-park.com/wp-content/uploads/2021/06/20210614cover.jpg12001087In this “Buying a Property in Tokyo” series, we will introduce the environment of Tokyo’s wards with high yields, as well as their market performance and forecast. Let’s explore property investment opportunities in Tokyo! The first ward to be introduced is Edogawa. According to our analysis, Edogawa ranked first by gross rental yield in 2020 amongst the 23 wards. Edogawa, as its name suggests, is located on the left side of Edo River. It has a population of about 690,000, in which its population of foreigners ranked second following Shinjuku. Edogawa can be divided into 5 sub-areas, namely Chuo, East, Hirai, Kasai, and Koiwa. In this chapter, let’s first get to know about Koiwa and Kasai, which have relatively higher railway station usage rates than the other three sub-areas. Koiwa Redevelopment to Create Competitiveness The two main railway stations in Koiwa are Koiwa and Shin-Koiwa along the JR Sobu line. The JR Sobu line connects the two stations directly to Akihabara. It takes around 30 minutes to arrive at the commercial areas in the city centre such as Otemachi, Marunouchi, and...