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

Follow details released by Ikea this week.

There is only one apartment and is fully equipped with Ikea furniture and accessories. The company is accepting applications from potential tenants, who must be over 20 years old, until December 3.

Ikea says the apartment will then be rented out through January 15, 2023. Tenants will have to pay their own utility bills.

Ten square feet isn’t much, but Ikea says they’ve worked hard to make the most of the available space.

“One of the keys is to make good use of vertical space,” the company says on its website. “By capturing the room in three dimensions, new possibilities open up in a confined space.”

Tokyo is one of the most populous cities in the world, creating a trend for micro apartments. It is home to just over 14 million people, according to the Tokyo Metropolitan Government.

Ikea is promoting her tiny house with the help of a shark named Blahaj, who appears in a series of promotional videos published on YouTube.

Blahaj plays the role of a real estate agent specializing in the small space business. In the clip, Blahaj lays out his vision for the small apartment with the help of a member of the Ikea interior design team.

This isn’t the first time Ikea has stuck to the property.

The company has a joint venture, BoKlok, with Swedish construction company Skanska, which has built affordable modular homes in Sweden, Finland and Norway.

In 2019, BoKlok launches a new type of home for dementia patients, designed to allow them to continue living at home.

Design tweaks include removing the mirror from the bathroom and fitting kitchen appliances with old-fashioned knobs, instead of digital controls.

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