The average price for a detached house in Tokyo was 43,177,200 Yen (553,000 USD) in 2010, and the average size of a house was 93.98 sqm (1011 sqft).
The following data is from AtHome.co.jp – one of Japan’s largest property listing sites. In Tokyo, there are 20,555 houses listed for sale as of August, 2011 [...]
According to real estate listing site Home’s, the average price for a 70sqm apartment less than 10 years old in Minato-ku and Shibuya-ku is approximately 65,500,000~66,800,000 Yen.
Continue reading for details on the average prices for each area in central Tokyo.
Average Sales Price: 1,140,000 Yen/sqm
Average Rent: 4200 Yen/sqm/month
Estimated Gross Yield: 4.42%
Atlas Tower Roppongi is a high-rise condominium located just minutes from Roppongi Hills and Tokyo Midtown. Although the building was completed in January 2010, apartments were still listed for sale by the developer in 2012. The sales office have also [...]
Source: Nikkei Shimbun, May 10, 2010.
Second-hand apartment prices are slowly recovering. As they are comparatively cheaper than brand new apartments, demand is returning and the viewpoint that this is no longer the bottom of the market is emerging.
Nagoya’s 7 cities see the highest increase of 2.7%
Real estate information provider, Tokyo Kantei, reported [...]