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- Basic knowledge of rebuilding condominiums
Here's the text.
Basic knowledge of rebuilding condominiums
If you would like to start rebuilding an old apartment that has been built and has become old, please see here first.
Last Updated April 22, 2024
There are very few apartments that have been rebuilt!
Currently, there are about 10,000 condominiums in Yokohama City. (as of 2023)
Of these, about 600 condominiums have been built for more than 50 years, and more than 2,000 have been built for more than 40 years.
However, as of 2023, there have been only six rebuilding of aging condominiums in the city. (Only according to the Act on Facilitation of Condominium Rebuilding, etc.)
This is due to the high cost and consensus building hurdles explained later, and at present, there are few condominiums that have been rebuilt.
Therefore, it is important not only to consider rebuilding, but first of all residents compare and compare cases where they continue to live, when rebuilding, or when selling buildings.
As a result of the discussion, it is necessary to proceed with the examination step by step, such as starting to consider a concrete rebuilding plan only after everyone agrees to promote the examination of rebuilding. Is desirable.
Compare extension of life, rebuilding, and sale 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 dismantling costs for the current condominium will be required.
One of the ways to reduce the burden of these costs is to make up for construction costs and demolition costs by increasing the number of dwelling units in larger condominiums and selling the increased amount.
However, if the current apartment is built close to the size limit of the building, it is not possible to build a larger apartment.
In some cases, it may be smaller than the current apartment if it meets the size limit of the building stipulated by the current law and the needs of the house.
Image of rebuilding costs
In general, real estate agents participate in the planning, construction, and sales of businesses that enlarge and rebuild condominiums, but in this case, it is necessary to pay the real estate agents from Residential Association.
What if the building can be large?
The size of the current apartment can be rebuilt larger than it is now, depending on how large the size limit of the building required by law.
Particularly important in size restrictions are "floor area ratio" and "altitude areas".
| What is the limit? | Example | |
|---|---|---|
| Floor area ratio | Restrictions on how much floor space a building can be built when the size of a building site is large | 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 Area | Restrictions that set the upper limit of the height of the building | In the district called Class 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 see how large you can rebuild it, or the same size under current restrictions You may be able to roughly anticipate whether a condominium can be built.
- Investigate floor area ratio and altitude areas:Yokohama-shi administrative map reporting system (outside site)Search by i-Mappie in
Can a larger condominium be sold?
Even if it is possible to rebuild a condominium greatly, there is no point if the increased dwelling units do not sell after the rebuilding.
Yokohama City is also entering an era of population decline, and the proportion of younger generations is also decreasing. As the number of housing needs decreases, market needs will change depending on demand, popular places, prices, specifications, etc.
Based on these balances, the income from the condominium will be determined. Even if it cannot be rebuilt without the financial burden of the section owner, it is expected that the number will increase in the future.
A lot of agreement is required
Even if you want to rebuild at a cost or rebuild, you can't do it alone. Decisions by the division owners are required.
Resolutions (decisions) for rebuilding require that the co-owner and at least 4/5 of the voting rights be approved by law.
In old condominiums, the age and economic situation of each inhabitant are often significantly different from the beginning, so it is very difficult to obtain a resolution to rebuild at a large cost.
If you cannot rebuild or do not rebuild, continue to use the apartment for a long time.
Condominiums that cannot be rebuilt or decided not to be rebuilt for various reasons will continue to live and use in the current condominium.
In order to continue using condominiums that have passed their age, it is necessary to manage and repair them firmly, improve performance according to the times and residents' needs, extend the service life, and maintain condominiums.
Let's maintain and manage with reference to maintenance and management (link).
In addition, if more time passes and it becomes difficult to maintain, the apartment will be dismantled and disposed of.
In preparation for that time, please also sell the entire apartment and relocate (sell the site).
Inquiries to this page
Building Bureau Housing Department Housing Reconstruction Section
Telephone: 045-671-2954
Telephone: 045-671-2954
Fax: 045-641-2756
Email address: kc-jutakusaisei@city.yokohama.lg.jp
Page ID: 594-282-938
