Residential yields and vacancy rates in Minato-ku - December 2013
According to real estate listing site Homes, the average yield on an apartment in Minato-ku in December was 6.0%, up 0.2 points from last month. The average yield across Tokyo remains unchanged at 7.6%.
The vacancy rate in Minato-ku remains unchanged at 9.9% and 11.0% across Tokyo.
The average asking price of a secondhand apartment was 715,557 Yen/sqm as of December 1, up 1.34% from the previous month. The average asking price for land was 1,071,212 Yen, up 0.17% from last month.Read more
October rental apartment transactions - AtHome
According to AtHome's data on rental transactions in greater Tokyo for the month of October, the number of new rental contracts signed fell 3.4% from October 2012 to 18,668.
In Tokyo's 23-ku, 8,490 contracts were signed, down 0.7% from last year. This is the first time in 12 months that the figure has fallen below last year's figure. Apartments less than 30 sqm (323 sqft) in size comprised 46.2% of transactions, down 6.7 points from October 2012. Meanwhile, 37.4% of transactions were for apartments 30 ~ 50 sqm (323 ~ 538 sqft) in size, up 9 points from last year. Apartments over 70 sqm (753 sqft) made up 3.8% of transactions, down 9.4 points from 2012.Read more
TAS Corp's rental market data for September
According to TAS Corp's latest report on the rental market for apartments, the average vacancy rate in Tokyo's 23-ku was 11.56% in September, up 0.07 points from the previous month but down 0.08 points from September 2012.Read more
October rental data - Tokyo Kantei
According to Tokyo Kantei, the average monthly rent of a condominium apartment in greater Tokyo was 2,531 Yen/sqm in October, down 0.6% from the previous month, but up 2.8% from last year. The average apartment size was 59.14 sqm (636 sqft) and the average building age was 18.9 years.Read more
Residential yields and vacancy rates in Minato-ku - November 2013
According to real estate listing site Homes, the average yield on an apartment in Minato-ku in November was 5.8%, unchanged from the previous month. The average yield across Tokyo was 7.6%, down 0.1 points from October.Read more
September rental data - Tokyo Kantei
According to Tokyo Kantei, the average monthly rent of a condominium apartment in greater Tokyo was 2,545 Yen/sqm in September, down 0.2% from the previous month but up 2.7% from last year. The average apartment size was 59.31 sqm (638 sqft) and the average apartment age was 18.8 years.
In Tokyo's 23-ku, the average monthly rent was 3,095 Yen/sqm, down 1 Yen from August but up 3.0% from last year. The average apartment size was 56.20 sqm and the average age was 17.6 years.Read more
Residential yields and vacancy rates in Minato-ku - October 2013
According to real estate listing site Homes, the average yield on an apartment in Minato-ku in October was 5.8%, down 0.2 points from last month. The average yield across Tokyo was 7.7%, down 0.2 points from September.Read more