#Japan #Tokyo #AI Platform #Vacant House #Ject One

Ject One's Upcoming Launch: "Vacant House KOTAE"

Ject One, a real estate development and renovation company based in Shibuya, Tokyo, is gearing up to launch a new platform called "Vacant House KOTAE" in early 2026. This innovative service leverages artificial intelligence to address the growing issues surrounding vacant properties in Japan, a problem that has intensified in recent years.

Background and Purpose of the Service

In 2016, Ject One initiated its vacant house business, "Aki Sapo," motivated by the special measures law aimed at promoting solutions for vacant houses enacted in 2015. This service has successfully provided countless homeowners with tailored solutions for utilizing or buying their vacant properties, reducing their burdens and frustrations.

Despite this progress, a report from the Ministry of Internal Affairs and Communications revealed that as of October 1, 2023, Japan has over 9 million vacant houses, the highest number recorded, with a vacancy rate of 13.8%. This figure has doubled since 1993, reflecting the urgency of the situation, whereby property owners are overwhelmed with challenges related to management and maintenance costs.

For potential buyers, the lack of cohesive property information often makes it difficult to envision and understand the value of vacant houses. To bridge this gap, Ject One is integrating its expertise from "Aki Sapo" with cutting-edge AI technology to connect property owners and interested buyers, ultimately creating a new distribution platform for vacant houses called "Vacant House KOTAE."

Through this platform, homeowners will be able to solve their issues while providing buyers with valuable opportunities to discover potential investments. The aim is to facilitate transparent and easy transactions for both sellers and buyers, revitalizing the vacant housing market.

Overview of “Vacant House KOTAE”

"Vacant House KOTAE" will offer AI-driven features, such as simplified property appraisals and utilization simulations, to help homeowners visualize the latent value of their vacant properties. This will empower owners to identify the best course of action among various options, including selling, renting, demolishing, or renovating.

Meanwhile, prospective buyers will benefit from detailed property information and projections of potential returns post-renovation, helping to alleviate their apprehensions regarding property investment. At its core, the service aims to create a more equitable and transparent market for vacant properties, eliminating information disparities between owners and buyers.

Key Features of the Web Service:

1. Automated Appraisal System for Owners: Users can quickly assess their property’s value by entering basic information, receiving instant valuations for selling price, demolition costs, and rental income projections.

2. Vacant House Matching Site: Owners can list properties along with appraisals and potential utilization plans, while buyers can explore listings with comprehensive details, including potential returns and engagement directly via chat functions for smooth transactions.

Future Prospects: Transforming “Liability Properties” into “Asset Properties”

Ject One plans to rollout this service initially in the Tokyo metropolitan area (Tokyo, Kanagawa, Saitama, Chiba) in early 2026, with ambitions to expand further over time. The ultimate goal is to develop a comprehensive system on the platform where services such as estimation, renovations, demolition, and real estate brokerage can all be accomplished seamlessly in one place. This will ensure owners can connect with the right experts effortlessly, leading to a more streamlined distribution of vacant houses in a transparent manner.

Ject One, through "Vacant House KOTAE," aspires to convert vacant properties classified as "liability properties" into valuable assets, fostering a vibrant vacant housing market and contributing to the sustainable development of local communities.

About Ject One

Company Name: Ject One, Inc.
Location: Shibuya, Tokyo, 2-17-1 Shibuya Akushu 21F
Founded: January 28, 2009
CEO: Mikio Okawa
Capital: 1.3 billion yen
Services: Comprehensive real estate development (residential, commercial, hotels), renovation services, rental management, and vacant house business (Aki Sapo: https://www.akisapo.jp/)
Website: https://jectone.jp/

Reference

About Aki Sapo: A support service by Ject One designed to help owners of vacant houses find optimal solutions for utilizing and selling their properties, maximizing their value while easing the owner's burden.

Aki Sapo Utilization: A service aimed at transforming vacant houses through renovations, contributing to the revitalization of community resources while supporting owners effectively without shifting property ownership.

Through these initiatives, Ject One hopes to play a key role in resolving Japan's vacant house crisis while enhancing community sustainability.