Japan
Market news
Japan
1 article across 8 topics, drawn from the sections of each report that are actually about them.
condominium
Who Is Affected
End users in Minato, Chiyoda, Shibuya, Shinjuku and other central wards must choose between smaller units, older resales or outer locations. Investors face lower yield tolerance when acquisition prices rise faster than rents. Developers can still sell scarce central supply, but buyer depth narrows.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer PoolNew Build Level
Recent market summaries based on Real Estate Economic Institute data put the average new condominium price in Tokyo's 23 wards at about JPY142.49 million in the first half of 2026, up 9.1 percent from a year earlier. Greater Tokyo also crossed JPY100 million for the first time in a half-year period.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer PoolResale Contrast
REINS July data cited in the same market review showed resale prices per square metre in the 23 wards rising while contract volumes across Greater Tokyo fell and unsold stock increased. That means high prices are meeting more selective demand rather than unlimited absorption.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer Pool
market
Who Is Affected
End users in Minato, Chiyoda, Shibuya, Shinjuku and other central wards must choose between smaller units, older resales or outer locations. Investors face lower yield tolerance when acquisition prices rise faster than rents. Developers can still sell scarce central supply, but buyer depth narrows.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer PoolNew Build Level
Recent market summaries based on Real Estate Economic Institute data put the average new condominium price in Tokyo's 23 wards at about JPY142.49 million in the first half of 2026, up 9.1 percent from a year earlier. Greater Tokyo also crossed JPY100 million for the first time in a half-year period.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer PoolResale Contrast
REINS July data cited in the same market review showed resale prices per square metre in the 23 wards rising while contract volumes across Greater Tokyo fell and unsold stock increased. That means high prices are meeting more selective demand rather than unlimited absorption.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer Pool
prices
New Build Level
Recent market summaries based on Real Estate Economic Institute data put the average new condominium price in Tokyo's 23 wards at about JPY142.49 million in the first half of 2026, up 9.1 percent from a year earlier. Greater Tokyo also crossed JPY100 million for the first time in a half-year period.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer PoolResale Contrast
REINS July data cited in the same market review showed resale prices per square metre in the 23 wards rising while contract volumes across Greater Tokyo fell and unsold stock increased. That means high prices are meeting more selective demand rather than unlimited absorption.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer PoolOutlook
Tokyo's central condo market can stay expensive while supply is scarce, but weaker transaction volume shows buyers are becoming more selective about layout and building quality. Search for Properties for Sale and Rent: Japan Housing Market.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer Pool
supply
New Build Level
Recent market summaries based on Real Estate Economic Institute data put the average new condominium price in Tokyo's 23 wards at about JPY142.49 million in the first half of 2026, up 9.1 percent from a year earlier. Greater Tokyo also crossed JPY100 million for the first time in a half-year period.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer PoolResale Contrast
REINS July data cited in the same market review showed resale prices per square metre in the 23 wards rising while contract volumes across Greater Tokyo fell and unsold stock increased. That means high prices are meeting more selective demand rather than unlimited absorption.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer PoolOutlook
Tokyo's central condo market can stay expensive while supply is scarce, but weaker transaction volume shows buyers are becoming more selective about layout and building quality. Search for Properties for Sale and Rent: Japan Housing Market.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer Pool
transactions
Resale Contrast
REINS July data cited in the same market review showed resale prices per square metre in the 23 wards rising while contract volumes across Greater Tokyo fell and unsold stock increased. That means high prices are meeting more selective demand rather than unlimited absorption.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer PoolDiligence Checks
Purchasers should compare building age, management reserve, earthquake standard, station distance, lease demand, resale stock, floor plan efficiency, repair history and monthly carrying costs. A central ward address does not remove price discipline.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer PoolOutlook
Tokyo's central condo market can stay expensive while supply is scarce, but weaker transaction volume shows buyers are becoming more selective about layout and building quality. Search for Properties for Sale and Rent: Japan Housing Market.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer Pool
affordability
Who Is Affected
End users in Minato, Chiyoda, Shibuya, Shinjuku and other central wards must choose between smaller units, older resales or outer locations. Investors face lower yield tolerance when acquisition prices rise faster than rents. Developers can still sell scarce central supply, but buyer depth narrows.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer Pool
investment
Who Is Affected
End users in Minato, Chiyoda, Shibuya, Shinjuku and other central wards must choose between smaller units, older resales or outer locations. Investors face lower yield tolerance when acquisition prices rise faster than rents. Developers can still sell scarce central supply, but buyer depth narrows.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer Pool
rental
Diligence Checks
Purchasers should compare building age, management reserve, earthquake standard, station distance, lease demand, resale stock, floor plan efficiency, repair history and monthly carrying costs. A central ward address does not remove price discipline.
Tokyo Wards New Condo Average Above Yen142 Million Narrows Buyer Pool
Every Japan report
Search properties for sale and rent in Japan on the Japan Housing Market portal.