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.
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.
Tokyo’s rents increase for first time in 6 months
The average monthly rent of a condominium-type apartment in Tokyo’s 23 wards was 3,820 Yen/sqm in October, up 0.6% from the previous month. This is the first month-on-month increase in 6 months. Rents are down 0.3% from last year.
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.
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).
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.
Apartment rents in Tokyo remain flat throughout pandemic
Unlike some other major cities across the world, average apartment rents in Tokyo have remained somewhat flat throughout the pandemic with little volatility.
How has Tokyo's rental market changed since the pandemic
News reports are still coming out about an exodus from Tokyo as the coronavirus pandemic continues, but has this had any effect on the real estate market in Tokyo’s 23 wards?
Japan fund targets rental houses in suburbs
Kenedix Inc., a prominent Tokyo-listed fund manager, is making its move on acquiring detached houses around Tokyo's suburbs to rent out.