ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Sharing Economy

New Tokyo homes ditch parking spaces but offer car sharing

Developer Mitsui Fudosan cuts costs as millennials choose Singapore-style mobility

Mitsui Fudosan waives the membership fee in its car-sharing service for buyers of a group of new houses lacking parking spaces. (Photo by Manami Yamada)

TOKYO -- A Japanese developer has begun experimenting with homes that offer free car sharing instead of a parking space as more people in Japan's capital live without their own automobiles.

The new two-story, three-bedroom homes, located near the Nakanobu metro station in Tokyo's Shinagawa Ward, represent a first for Mitsui Fudosan Residential, which sells about 400 homes a year in urban neighborhoods.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more