According to research firm MRC, less than 2% of the apartments built for sale in Tokyo’s 23 wards between 2002 and 2016 were over 110 square meters (1,184 sq ft) in size. Almost 80% of apartments supplied were below 80 sqm (861 sq ft) in size.
The typical size of a 3-Bedroom apartment is around 70 sqm (753 sq ft). Buyers looking for spacious apartments over 100 sqm will find supply incredibly limited. Prices, too, will be comparatively high since apartments over 100 sqm are considered to be luxury-grade and are often only found on upper floors or in high-end buildings.
This content is available to paid subscribers only.
Sharing information on Japan’s real estate market has been a long passion dating back 14 years. However, gathering and preparing this content takes hours and hours each week. By joining our monthly subscription service, you can access over 3,100 articles dating back 14 years. Best of all, you’ll be supporting us in our endeavor to continue to provide investors with on-the-ground, expert information.
To join our paid subscription service and access over 3,100 news articles on Japan's real estate market, please register here.
Already a paid member? Log-in using your details below.