Abstract
The definition of property management in Japan has been brought since the later 1990s, when Japanese real estate securitization market started. This new idea has contributed to the establishment of accountability, transparency and neutralization towards Japanese real estate investment market. Despite the fact that there is the difference between oversea, Japanese law and custom, the idea has been created as same, and thus, a sort of incongruity has occurred in the actual management scene. In addition, such as exaggerated cost-cut towards maintenance services in order to increase revenue in short-term might have damaged property itself from long-termed point of view. In this essay, the relation between the economy, the real estate and property management in Japan is examined. Then, the style of Japanese original property management is developed by defining the union of property management and building maintenance. Finally, the main proposal is that the most significant service, for the purpose of real estate value-control, is born from the united point of view.
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