High apartment prices now spreading to the rental market

Would-be buyers, priced out by the ever-increasing sale price of apartments in central Tokyo, are turning to rentals, causing it to swing to a landlord’s market. A recovery in corporate earnings and pay-rises is also expanding renters’ budgets.Read more

Tokyo rents continue 3-month record-high streak

In March, average apartment rents in Tokyo, Kanagawa, Saitama and Chiba all saw a year-on-year increase due to both a continued increase in the share of newer apartments commanding higher rents as well as being the peak moving season. Read more

Apartment rents in greater Tokyo increase for 3rd month

The average monthly rent of a condominium-type apartment across greater Tokyo (Tokyo, Kanagawa, Saitama, and Chiba prefectures) was 3,391 Yen/sqm in January, up 1.6% from the previous month and the 3rd month in a row to see a month-on-month increase.

Read more

Meguro landlord offers free daily breakfast and coffee to tenants

Tenants living in this new apartment building in Meguro will be able to enjoy free daily breakfasts and coffee provided by a hip coffee joint.

Read more

Our Japan Property Market Report for 2022

2022 was a year of turmoil for markets, with interest rate rises, high inflation, and ongoing supply chain disruptions. Japan did not suffer to the same extent, with interest rates and inflation remaining low. The stable domestic conditions favored the real estate market with prices continuing to rise throughout the year.

Please feel free to view or download the PDF of our annual Japan Property Market Report, linked below.

Read more

Tokyo apartment rent hits 2.5 year low

In September, the average monthly rent of a condominium-type apartment in the Tokyo metropolitan area was 3,712 Yen/sqm, down 0.3% from the previous month and last year, and the lowest level seen in 12 months. Neighboring Saitama and Chiba both saw rents fall by 1.0% and 1.7% from the previous month, although they are still higher than they were 12 months ago.

Read more

Tokyo apartment rents drop slightly after moving season

The average monthly rent of a condominium-type apartment in Tokyo’s 23 wards was 3,835 Yen/sqm in June, down 0.3% from the previous month but up a slight 0.2% from last year. The average apartment size was 51.38 sqm (553 sq.ft).

Read more

US fund buys 1,200 share houses

U.S. investment fund Lone Star is acquiring approximately 1,200 share houses from debtors that fell for a failed investment scam operated under the Kabocha-no-basha brand. The total acquisition price is estimated to be around 70 billion Yen (approx. US$536 million).

Read more

Tokyo apartment rents hit new high in February

In February, the average rent of an apartment in Tokyo's 23 wards was up 1.1% from last year, according to Tokyo Kantei.

Read more

9.7% rent discount for public servants in Akasaka

No rental inflation here. Residents of the Akasaka Public Dormitory for Diet Members are about to see their monthly rent discounted by over 13,000 Yen from next month onwards.

Read more