Luxury condo sales push Tokyo’s apartment price above 200 million Yen in March

The average price of a brand-new apartment released for sale across greater Tokyo reached a record 143.6 million Yen (US$1.07 million) in March, according to the Real Estate Economic Institute. That is largely due to two luxury condos that went on sale in central Tokyo.

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Luxury condo sales push Tokyo's apartment price above 200 million Yen in March