Anyone with a car who is looking to buy an apartment in the Tokyo area may already understand the challenge in finding a building that has parking spaces available.

Car parking spaces in the Tokyo area are becoming fewer and fewer in number and the trend is expected to continue in the coming years. The ratio of car parking spaces provided in new condominiums in greater Tokyo has fallen from a ratio of 77.3% in 2007 to just 42.2% for the first half of 2017.


This content is available to paid subscribers only. 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.