Average rent in Tokyo up 5% from last year
According to Tokyo Kantei, the average monthly rent of a condominium in Tokyo’s 23 wards was 3,508 Yen/sqm in March 2018, down 0.5% from the previous month but up 5.0% from last year. This is the 4th month in a row to record a year-on-year increase. The average apartment size was 55.49 sqm (597 sq.ft) and the average building age was 17.6 years.Read more