Rapidly rising condo prices causing rental renaissance in Japan

An interesting shift is underway in the rental market as investors and developers see the potential in roomier apartments. This has been spurred on by the rising price of condominiums. Would-be home buyers priced out of the market are renting instead, leading to a new influx of tenants.Read more


Star Asia to acquire 11 assets for 49.1 billion Yen

Star Asia Investment Corporation is acquiring seven hotels and four apartment buildings across Japan for 49.1 billion Yen (approx. US$343 million). The appraised cap rate is 4.8%.Read more


Larger apartments seeing greater rent increases than smaller studios

Changes in rental prices in greater Tokyo are not uniform, with larger apartments now outperforming smaller, single-occupant housing. This is happening for a few reasons.Read more


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.

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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.

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