Does Fukuoka's luxury build-to-rent market have a limit?
Fukuoka’s city center is seeing an influx of high-end rental listings as landlords target increasingly affluent tenants. While the city’s growth is creating pockets of demand for luxury rentals, tenant uptake has been uneven, raising questions about the potential depth of the luxury build-to-rent market.Read more
Landlord develops foreign student-only rental apartment building
Foreign students in Japan can often have a hard time finding rental housing due to discrimination and a leasing system that favors local and established residents. With the foreign student population increasing, and the inventory of foreign student-friendly housing remaining low, one landlord has stepped in to build and operate exclusively foreigner-only rental apartments.Read more
Rental housing options for older tenants more than doubles
The number of rental homes and apartments that welcome older tenants, defined as those over the age of 65, has doubled over the past few years as landlords start to recognize the social responsibility of supporting this demographic.Read more
Tokyo apartment rents see 6.8% y-o-y increase
The average advertised rent on an apartment in Tokyo’s 23 wards reached a new record high in April, spurred on by the supply of a number of luxury condos in the city centre.Read more
Rental growth in Tokyo reaches 30-year high
Tokyo’s rental growth reached a 30-year high in March, with the Consumer Price Index (CPI) for privately-rented housing showing a 1.1% year-on-year increase. This is the highest percentage increase since October 1994. Nationwide, average rents increased by 0.4%, marking the 20th consecutive month of annual growth.Read more
Gap between advertised rents and tenant budgets reaches record high
The gap between the average advertised rent of housing in Tokyo’s 23 wards and tenant budget based on inquiries has reached its widest level in February, according to data published by LIFULL Home’s Press. The difference was the largest for family-oriented rentals.Read more
Tokyo apartment rents increase 1.6% y-o-y
The average advertised rent of condo-type apartments in Tokyo’s 23 wards reached 4,332 Yen/m2 in January, according to Tokyo Kantei. This is a 0.9% increase from the previous month and a 1.6% increase from January 2024.Read more