Tokyo Apartment Sales in August 2021
The following is a selection of apartments that were reported to have sold in central Tokyo during the month of August 2021:
Central Tokyo apartment prices are increasing by an average of 633,000 Yen per month
The average asking price of a 70 sqm (753 sq.ft) second-hand apartment in the Tokyo metropolitan area in July has increased month-on-month for the past 13 months. According to Tokyo Kantei, the average asking price was 58,000,000 Yen, up 1.6% from June and up 13.3% from July 2020.
Japan fund targets rental houses in suburbs
Kenedix Inc., a prominent Tokyo-listed fund manager, is making its move on acquiring detached houses around Tokyo's suburbs to rent out.
Historic factory in Fukuoka to be demolished
Demolition will start on a historic factory in Fukuoka this month. A farewell event for 200 former factory workers and neighbors was held on August 28, with the building illuminated.
Temple to be demolished and land sold
A temple in Aichi Prefecture will soon be demolished, ending 630 years of history.
Land in Daikanyama sold for 7 billion Yen
On August 26, apparel company Onward Holdings announced the sale of two properties in Tokyo’s Minato and Shibuya wards.
Tokyo apartment rents drop across all size ranges
According to the latest data on the residential rental market provided by AtHome, the average advertised rent across all four apartment types saw a year-on-year decline in Tokyo’s 23 wards.