Tokyo apartment rents hit new high in June

Asking rents in Tokyo’s 23 wards reached 4,803 Yen per square meter in June, up 2.4% from the previous month and up 10.8% from last year. The increase is somewhat the result of a larger share in brand-new and near-new apartments, especially luxury apartments in central Tokyo, that have pulled up the average.

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 3,200 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 3,200 news articles on Japan's real estate market, please register here.

Already a paid member? Log-in using your details below.