NAHA, Japan -- Prices for newly built condominiums are rising in Okinawa prefecture, with the average surging 40% in the past decade -- and one luxury unit priced at over 200 million yen ($1.4 million) appeared in the prefectural capital of Naha.
Property
New $1.4m condo completed in Naha's Shuri Castle area
Okinawa rental and sales prices rise along with land prices, construction costs
More than 80% of the buyers of these luxury condos near Shuri Castle in Naha, Okinawa's leading tourist spot, are from outside the prefecture. (Photo courtesy of Daiwa House Industry)
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