Japan: Ikea is offering a tiny apartment in Tokyo for less than $1 per month

The 10-square-meter (107-square-foot) apartment is situated in the Shinjuku district and can value simply 99 yen ($0.86) per month to hire, in accordance with particulars launched by Ikea this week.

Only one unit is obtainable, and it is absolutely furnished with Ikea furnishings and equipment. The firm is accepting purposes from potential tenants, who should be over 20 years previous, till December 3.

The apartment will then be rented out with a lease by means of January 15, 2023, mentioned Ikea. The tenant should pay their very own utility payments.

Ten sq. meters is not a lot, however Ikea say they’ve labored onerous to profit from the obtainable space.

“One of the keys is to make good use of the vertical space,” the corporate mentioned on its web site. “By capturing the room three-dimensionally, new possibilities open up in a limited space.”

Tokyo is one of the crucial densely populated cities in the world, driving a pattern for micro flats. It is house to only over 14 million folks, in accordance with the Tokyo Metropolitan Government.

Ikea is selling its tiny house with the assistance of a shark named Blahaj, who options in a collection of promotional movies revealed on YouTube.

The character Blahaj portrays a actual property agent that specializes in small areas. In the clips, Blahaj units out his imaginative and prescient for the tiny apartment with the assistance of a member of the Ikea inside design workforce.

This is not the primary time Ikea has received concerned in property.

The firm has a three way partnership, BoKlok, with Swedish development firm Skanska, which has constructed reasonably priced modular houses in Sweden, Finland and Norway.

In 2019, BoKlok launched a new fashion of house for dementia sufferers, designed to allow them to proceed dwelling at house.

Design tweaks included taking mirrors out of bogs and becoming kitchen home equipment with old school knobs, moderately than digital controls.

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