▲ ’99 yen rental housing’ floor plan
Swedish furniture maker IKEA has unveiled a miniature rental house for 99 yen a month (about 1,000 won) in downtown Tokyo, Japan, CNN reported on the 25th (local time).
This 10-square-meter (3 pyeong) home is located in Shinjuku, Tokyo and is looking for tenants by the 3rd of next month.
You must be over 20 to move in, and the lease term is until January 15, 2023.
Water, gas and electricity are the responsibility of the tenant.
Although 10 square meters is a small space, Ikea said it made the most of the space.
Ikea said on its website that “the vertical use of space is the key,” and that “dividing the space into three dimensions opens up new possibilities in a limited space.”
Tokyo is one of the most densely populated cities in the world, and micro-apartments are trending these days.
According to the Tokyo Metropolitan Government, the population of Tokyo is around 14 million.
Ikea launched a YouTube series in which a blue shark doll named ‘Blahaji’ appeared as a real estate agent specializing in miniature houses and started to promote it.
This is not the first time IKEA has entered the real estate business.
The company established a venture company called Voclok in partnership with its home country, Swedish construction company Skanska, to introduce affordable prefabricated houses in Sweden, Finland and Norway.
In 2019, Vocloque introduced a type of housing where people with dementia can continue to live in their own homes.
(Photo=Excerpt from IKEA Japan website, Yonhap News)