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Basic knowledge of condominium rebuilding

If you would like to start considering rebuilding an old apartment that has become older and has become old, please see here first.

Last update date April 22, 2024

There are so few apartments that have been rebuilt!

 Currently, there are about 10,000 apartments in Yokohama. (As of 2023)
 Of these, about 600 apartments are over 50 years old, and more than 2,000 are built for 40 years or more.
 However, as of 2023, there are only six cases where aging condominiums have been rebuilt. (Only in accordance with the Act on Smooth Condominium Rebuilding, etc.)
 This is due to the cost and the high hurdles in terms of cost and consensus building, which will be explained later, few condominiums have been rebuilt.
 Therefore, it is important not to consider only rebuilding, but first of all, it is important for all residents to compare the case where they continue to live, rebuild, and sell buildings.
 As a result of the discussion, it is desirable to proceed with the study step by step firmly, such as by all members agree to promote the consideration of rebuilding and start considering a concrete rebuilding plan only after considering a concrete rebuilding plan.
Compare life extension, rebuilding and sales of condominiums

Rebuilding costs a lot of money

 When rebuilding a condominium, construction costs will be incurred in the same way as new construction, and the current condominium demolition cost will be required.
 One of the ways to reduce the burden of these costs is to make up for construction and demolition costs by increasing the number of dwelling units in larger condominiums and selling the increased amount.
 However, if the current condominium is built near the size limit of the building, it is not possible to build a larger condominium.
 In some cases, depending on the size of buildings stipulated by current laws and regulations and the needs of houses, it may be smaller than the current apartment.


Image of rebuilding costs

 In general, the planning, construction, and sales of large condominiums are generally conducted by real estate agents to participate in the business. In this case, Residential Association will have to pay the real estate agent.

What if the building can be large?

 How large the current condominium can be rebuilt larger than it is now depends on the size of the building stipulated by law.
 Particularly important for size limitations are "floor area ratio" and "altitude district".

Floor area ratio and altitude district
 What are the limitations?Example
Floor area ratioRestrictions on how much floor space a building can be built upon the size of the building.If the site area is 1,000 m2 and the floor area ratio is 150%, a building with a floor area of up to 1,500 m2 will be built.
Altitude districtLimits that set the upper limit of the height of the buildingIn the district called Type 3 altitude district, the maximum height limit is 15m.

 If you know the site area and total area (total floor area) of your apartment, you can check the "floor area ratio" and "altitude area" to find out how large it can be done when rebuilding, or the same size according to the current limit You may be able to roughly predict whether a condominium can be built.

Do you sell a large apartment always sell?

 Even if it is possible to rebuild an apartment, it is meaningless unless the increased dwelling units do not sell after rebuilding.
 Yokohama City is also entering an era of population decline, and the proportion of the younger generation is also decreasing. As the number of homes required decreases, market needs will change depending on demand, popular locations, prices and specifications.
 The income earned from a condominium that has been reconstructed is determined by the balance. Even if rebuilding cannot be done without the financial burden of the division owner, it is expected that the number will increase in the future.

Many agreements are needed

 Even if you pay for the cost or want to rebuild, you can't do it alone. Decision-making is required by the division owners.
 Resolutions (decisions) require the approval of the divisional owner and at least 4/5 of the voting rights of each voting rights.
 For apartments that are older, the age and economic conditions of each inhabitant are often significantly different from the beginning, making it very difficult to obtain a resolution to rebuild at a large amount of money.

If rebuilding is not possible, or if it is not rebuilt, continue to use the apartment for a long time.

 Condominiums that cannot be rebuilt or decided not to rebuild for various reasons will continue to live and use in the current condominium.
 In order to continue using an old apartment, it is necessary to properly manage and repair it, improve performance according to the times and residents' needs, extend the service life, and maintain the condominium.
Let's maintain and manage with reference to maintain and manage (link).
 Also, if time passes and it becomes difficult to maintain, the apartment will be dismantled and disposed of.
 In preparation for that time, please also look at selling the entire condominium and relocating (sales site).

Reference: Ministry of Land, Infrastructure, Transport and Tourism-Rebuilding and renovation of condominiums (outside site)

For inquiries to this page

Building Bureau Housing Department Housing Revitalization Division

Phone: 045-671-2954

Phone: 045-671-2954

Fax: 045-641-2756

Email address: kc-jutakusaisei@city.yokohama.jp

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Page ID: 594-282-938

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