April rental data - Tokyo Kantei

According to Tokyo Kantei, the average monthly rent of a condominium apartment in greater Tokyo was 2,637 Yen/sqm in April, up 1.4% from the previous month and up 4.4% from April 2013. The average apartment size was 59.28 sqm and the average building age was 18.1 years.Read more

by Zoe Ward

Residential yields and vacancy rates in Minato-ku - May 2014

Tokyo apartment yields May 2014

According to real estate listing site Homes, the average gross yield on an apartment in Minato-ku in May was 5.3%, down 0.1 points from April. The average gross yield across Tokyo was 7.1%, down 0.1 points.Read more

by Zoe Ward

Vacancy rates by apartment building in Tokyo - April

The following is a list of apartment buildings in central Tokyo and their estimated vacancy rates in April:Read more

by Zoe Ward

Govt wants cheaper accommodation for foreign tourists

The Japanese Government is working towards making it easier for vacant apartments in urban areas to be let out as cheap short-term rentals to foreign tourists. The target areas lie within the recently announced National Strategic Special Zones. 

The goal is to provide cheaper accommodation options for foreign visitors which will encourage them to stay longer.Read more

by Zoe Ward

March rental data - Tokyo Kantei

According to Tokyo Kantei, the average monthly rent of a condominium apartment in greater Tokyo was 2,601 Yen/sqm in March, up 1.5% from the previous month and up 2.4% from March 2013. The average apartment size was 59.50 sqm and the average building age was 18.5 years.

The average rent in Tokyo’s 23-ku was 3,191 Yen/sqm, up 1.3% from the previous month and up 3.6% from last year. This is the fifth month in a row where the average rent has increased from the previous month. The average apartment size was 56.40 sqm and the average building age was 16.7 years.Read more

by Zoe Ward

Residential yields and vacancy rates in Minato-ku - April 2014

According to real estate listing site Homes, the average gross yield on an apartment in Minato-ku in April was 5.4%, down 0.1 points from March. The average gross yield across Tokyo was 7.2%, down 0.1 points.

The vacancy rate remains unchanged at 9.9% across Minato-ku and 11.0% across Tokyo.

The average asking price of a secondhand apartment in Minato-ku was 781,143 Yen/sqm as of April 1, up 0.1% from the previous month. The average asking price for land was 1,113,333 Yen/sqm, up 4.6%.Read more

by Zoe Ward

February rental data - Tokyo Kantei

According to Tokyo Kantei, the average monthly rent of a condominium apartment in greater Tokyo in February was 2,563 Yen/sqm, down 0.4% from the previous month but up 1.1% from last year. The average apartment size was 59.31 sqm and the average building age was 19.0 years.

The average rent in Tokyo's 23-ku was 3,149 Yen/sqm, up 0.1% from the previous month and up 2.6% from last year. The average apartment size was 56.23 sqm and the average building age was 17.5 years.Read more

by Zoe Ward