New Regulations to Address Parking Shortages in High-Rise Residential Buildings

Read Real Estate & Property Law & Policy Updates

Date: 4th Mar, 2025 Source: In-House Country: Japan

Brief

"On "04/03/2025", the "Ministry of Land, Infrastructure, Transport and Tourism (MLIT)" issued an update regarding "Cabinet decision to amend part of the Parking Lots Act Enforcement Order - Addressing a shortage of parking facilities for housing complexes". This amendment aims to address the increasing demand for external parking in new residential constructions, particularly high-rise apartments, which has resulted from changes in societal and economic conditions."

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New Regulations to Address Parking Shortages in High-Rise Residential Buildings

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New Regulations to Address Parking Shortages in High-Rise Residential Buildings

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