A residential building developed by Rakuichi Rakuza Capital in Tokyo

Freehold title.
No limits on foreign buyers.

We develop compact residential buildings in Tokyo and sell them to investors in Singapore, Hong Kong, Taiwan and Indonesia. Land sourcing, planning, capital structuring and sale are handled in one house.

129 development projects by the group
116 completed and delivered
13 for sale or in development

Figures cover the group as a whole — Rakuichi Rakuza Capital Co., Ltd. together with NSG Co., Ltd. and Needs Corporation Co., Ltd. — as at November 2026. Our role spans planning, capital structuring, development management and sale, and varies by project. These are past results, not a forecast or a guarantee of future returns.

Available properties

Whole buildings we planned and developed ourselves, sold as a single asset. Buyers are private investors and corporate funds. Prices, rental records, projected income and management terms are provided on enquiry.

Photograph to follow For sale
Itabashi, Tokyo Completion due 2027

THE ONE Yayoicho 69

Naka-Itabashi Station (Tobu Tojo Line), 7 min walk
RC, 5 storeys, 284.90 m² GFA, 9 units

Details on enquiry
THE ONE Nishi-Shinjuku, exterior For sale
Nakano, Tokyo Completion due 2027

THE ONE Nishi-Shinjuku

Nishi-Shinjuku-gochome Station (Toei Oedo Line), 10 min walk
RC, 5 storeys, 222.61 m² GFA

Details on enquiry
THE ONE Tamagawa, exterior For sale
Ota, Tokyo Completion due 2027

THE ONE Tamagawa

Yaguchi-no-watashi Station (Tokyu Tamagawa Line), 3 min walk
RC, 1 basement + 5 storeys, 328.85 m² GFA

Details on enquiry
THE ONE Den-en-chofu, exterior For sale
Ota, Tokyo Completion due 2026

THE ONE Den-en-chofu

Numabe Station (Tokyu Tamagawa Line), 1 min walk
RC, 5 storeys, 306.65 m² GFA

Details on enquiry
THE ONE Chidoricho, exterior For sale
Ota, Tokyo Completion due 2026

THE ONE Chidoricho

Chidoricho Station (Tokyu Ikegami Line), 3 min walk
RC, 4 storeys, 427.64 m² GFA

Details on enquiry
THE ONE Minami-Nagasaki, exterior For sale
Toshima, Tokyo Completed 2026

THE ONE Minami-Nagasaki

Ochiai-Minami-Nagasaki Station (Toei Oedo Line), 8 min walk
RC, 5 storeys, 316.95 m² GFA

Details on enquiry

Prices are quoted individually. A property shown here may be unavailable if it is already under offer.

Where, what,
and how we built.

Every project sits inside Tokyo's 23 wards or a comparable urban market, each within walking distance of a railway station. Floor plans and full specifications are provided on enquiry.

THE ONE Minami-Nagasaki, exterior
THE ONE Minami-Nagasaki
Ochiai-Minami-Nagasaki Station (Toei Oedo Line), 8 min walk
RC, 5 storeys, 316.95 m² GFA
Completed 2026
THE ONE Ichigaya, exterior
THE ONE Ichigaya
Ichigaya Station (Tokyo Metro Namboku / Yurakucho Line), 5 min walk
RC, 1 basement + 5 storeys, 327.00 m² GFA
Completed 2026
THE ONE Nishi-Ogikubo, exterior
THE ONE Nishi-Ogikubo
Nishi-Ogikubo Station (JR Chuo Line), 5 min walk
RC, 5 storeys, 291.15 m² GFA
Completed 2025
THE ONE Shibuya, exterior
THE ONE Shibuya
Shibuya Station, 5 min walk
RC, 1 basement + 5 storeys, 275.16 m² GFA, 5 units
Completed 2022
THE ONE Numabukuro, exterior
THE ONE Numabukuro
Numabukuro Station (Seibu Shinjuku Line), 2 min walk
RC, 5 storeys, 2 buildings, 625.5 m² GFA, 22 units
Completed 2021
THE ONE Takadanobaba, exterior
THE ONE Takadanobaba
Takadanobaba Station (Tokyo Metro Tozai Line), 5 min walk
RC, 5 storeys, 322.7 m² GFA, 11 units
Completed 2020

What you own

A buyer resident outside Japan acquires exactly the same title as a Japanese national. Registration is completed by a judicial scrivener and the title record is public.

 JapanSingapore · Hong Kong
TitleFreehold, perpetualLeasehold is common
Foreign buyersNo restriction, no licenceAdditional duties and approvals apply
Holding entityIndividual or foreign companyVaries
RegisterPublic national registerVaries
ResaleNo minimum holding period, no approvalVaries

In Japan a foreign individual or company may acquire land and buildings outright, in their own name, with no licence, no residency requirement and no additional stamp duty for non-residents.

After purchase

An owner living outside Japan does not need to be in the country to hold or let the property. Through partner firms, the following are handled on the owner's behalf.

Letting and tenant management

Tenant selection, lease contracts, rent collection, renewals and vacancy handling.

Building management

Common area maintenance, repairs and statutory inspections.

Rent remittance

Monthly rent remitted to the owner's overseas account, with a statement in English.

Tax filing

Annual income tax filing in Japan by a licensed tax accountant, with withholding handled at source.

Resale

Brokerage on resale, within the group's licence.

Tax representative

A representative in Japan is appointed for owners without a Japanese address.

Fees are set out in the management agreement before purchase.

How value
is created

The people who read the land and the people who structure the capital sit in the same meeting. Six consecutive stages, each one shaped by the judgement made in the last.

Land sourcing
Market and feasibility
Product planning
Capital structuring
Development
Sale and management

The company

Licensed as a real estate broker by the Tokyo Metropolitan Government. Development, construction management and sales are carried out within a group that has delivered residential buildings in Tokyo since 1999.

CompanyRakuichi Rakuza Capital Co., Ltd.
RepresentativeRepresentative Director, Kiyofumi Nakano
EstablishedJune 2023
Paid-in capitalJPY 3,000,000
Head office3-17-11 Shibaura, Minato-ku, Tokyo 108-0023, Japan
LicenceGovernor of Tokyo (01) No. 110809, Real Estate Brokerage
GroupNSG Co., Ltd. · Needs Corporation Co., Ltd.

Enquiries

Available properties, prices, rental records and management fees are provided on request. Enquiries in English are welcome.

Rakuichi Rakuza Capital Co., Ltd.
3-17-11 Shibaura, Minato-ku, Tokyo 108-0023, Japan
Tel +81 3-6897-4533 · Weekdays 9:00–18:00 JST











    This website provides general information about properties developed by Rakuichi Rakuza Capital Co., Ltd. It is not an offer to sell, a solicitation to buy, or investment, tax or legal advice, and it is not directed at residents of any jurisdiction where such an offer would require registration. Past project results do not indicate future performance. Prospective buyers should obtain independent advice in their country of residence. Rakuichi Rakuza Capital Co., Ltd. is licensed in Japan only, as Governor of Tokyo (01) No. 110809.

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