1.
for-sale; subdivision and sale
The division of land or building units for sale to individual buyers. Used especially for condominiums and housing developments sold to individual owners.
Etymology
分 (divide, portion) + 譲 (transfer, cede)
Forms
- 分譲する (to subdivide and sell)
Contrast with rental
Common compound terms
- 分譲マンション (condominium for purchase)
- 分譲住宅 (housing for sale)
- 分譲地 (subdivided lot for sale)
- 分譲価格 (sale price)
- 新築分譲 (new for-sale properties)
Buying vs renting
In Japan, 分譲 properties offer:
- Long-term ownership
- Greater renovation freedom
- Building equity
- But require 修繕積立金 (repair reserve) payments