Micro apartment, granny flat: What affordable housing looks like for Asia-Pacific millennials
Real estate developers like Spilytus are building micro flats in sought-after areas, such as Ebisu and Nakameguro. This explains their popularity among young people, who like living in prime locations at reasonable rents, said Keisuke Nakama, the company’s president. Spilytus, which has been developing these shoeboxes for a decade, reported an occupancy rate of 99 … Read more