Condominium Archives - Yamamoto Property Advisory

Condominium

The End of “Cheap Tokyo”: Why the Entry Price for Luxury Has Doubled in 5 Years

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The End of “Cheap Tokyo”: A Deep Dive into the 5-Year Structural Shift of Japan’s Real Estate Market

Introduction: The Sleeping Giant Has Awoken

For the past decade, global investors have whispered about Tokyo as the world’s last great “undervalued” metropolis. While real estate prices in New York, London, Hong Kong, and Singapore skyrocketed to stratospheric levels, Tokyo remained surprisingly stable. A luxury apartment in Minato-ku could be acquired for a fraction of the cost of a comparable unit in Manhattan or Kensington.

However, new data released by Tokyo Kantei suggests that this era of price stagnation is emphatically over.

We have analyzed the “Required Annual Household Income for New Condominiums” in the Greater Tokyo Area, comparing the landscape of 2019 against 2024.

The results are not merely an update on inflation; they represent a fundamental structural shift in the Japanese property market.

In just five years, the “entry ticket” for Tokyo’s premier districts has effectively doubled. For international investors and expatriates residing in Japan, understanding this shift is no longer optional—it is critical for wealth preservation and strategic acquisition. But beyond the charts and graphs, this shift forces us to ask a deeper question: What is the true purpose of a home in post-pandemic Tokyo?

From ¥0.5M to ¥2.8M per m2: How Tokyo’s Fukutoshin Line Became an Ultra-Prime Condo Corridor

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From Wako-shi to Shibuya: How Kitasando Joined Tokyo’s Ultra-Luxury Condo Club

Tokyo Kantei has released its latest station-by-station data for used condominiums along the Tokyo Metro Fukutoshin Line, using transactions registered in its database up to 14 October 2025.

The dataset covers family-type resale units, and shows:

  1. Average asking prices per station in units of “ten-thousand yen per tsubo” (3.3 m²)

  2. Average building age

  3. Average exclusive floor area

For international readers, I translate the key prices into approximate yen per square metre (¥/m²), while keeping the original Tokyo Kantei figures in the background.

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Central Tokyo Is Becoming a Playground for Global Capital—But Where Should Smart Buyers Look Next?

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From SUUMO

Tokyo vs Coastal Japan: Condo Prices Across Key Cities in 2025

The latest SUUMO Greater Tokyo New Condo Price Map (2025) provides a striking snapshot of average condominium prices across Tokyo’s 23 wards and the surrounding prefectures. For overseas investors and expatriates, the map is a valuable guide to understanding where capital is flowing, where affordability is collapsing, and where opportunities remain.

＊SUUMO is one of Japan’s largest real estate information platforms, operated by Recruit Holdings. It provides extensive listings for new condominiums, second-hand apartments, houses, land, and rental properties across Japan. Beyond property search, SUUMO also offers market data, price maps, and housing guides, making it a widely used tool for both homebuyers and investors.The numbers shown in its Greater Tokyo Price Map represent the average prices of new condominiums, converted to a standard 70㎡ unit. This makes it easier to compare across wards and cities.

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Is the Tokyo Market Overheating? Central 6 Wards Now Average Over ¥160 Million

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Tokyo Condo Market Soars Again in June — Driven by Core Wards and Luxury Segment

Source: Based on Tokyo Kantei Report (Released July 24, 2025)

1. Greater Tokyo Area Sees 11th Straight Month of Price Increases

According to the latest market data from Tokyo Kantei, the average asking price for a 70 sq.m. used condominium in the Greater Tokyo Area rose to JPY 58.51 million in June 2025 — up +3.0% from May and continuing the strong upward trend seen over the past year.

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Chiyoda Ward Moves to Curb Speculative Buying: A New Era for Tokyo Condos?

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No More Flipping: Tokyo’s Chiyoda Ward Bans Resales for 5 Years

Introduction: The First of Its Kind

On July 18, 2025, Tokyo’s Chiyoda Ward took a groundbreaking step in Japan’s real estate policy: it formally requested cooperation from the Real Estate Companies Association of Japan to curb speculative condominium transactions. This marks the first time a Japanese local government has directly asked the real estate industry to limit short-term resale activity due to housing price inflation and supply pressure.

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Behind the Boom: Tokyo Property Trends and the Risks No One Talks About

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Tokyo Real Estate in Flux: Market Momentum and Hidden Risks for Global Investors

1. What is REINS – and Why It Matters

Before diving into market trends, it is important to understand the source of our data: REINS, or the Real Estate Information Network System.

REINS is Japan’s national multiple listing service, administered by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT). Accessible only to licensed agents, it is the most authoritative database for tracking real estate listings, contract prices, and transaction volume across the country.

If you are familiar with the U.S. MLS or the UK Land Registry, REINS serves a similar role—offering professionals reliable, near-real-time insights into Japan’s property market. But our REINS totally sucks.

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Mt. Fuji and Tokyo Tower from Your Living Room: Ultra-Rare 5BR in Twin Parks Tokyo

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A Trophy Residence in the Sky – 5BR at Tokyo Twin Parks with Unmatched Views and Rarity

In a city of nearly 700,000 condominiums, there are only 38 units that meet the following three conditions:

  • Located above the 40th floor

  • Feature an interior area of over 300 m²

  • Are available as privately owned freehold properties

This places the residence in the top 0.005% of all condominiums in Tokyo by size, elevation, and ownership status.

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Exclusive Tokyo Residence – Sophisticated 2BR Home in a Landmark Tower

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Introducing a Rare Opportunity for Elegant Waterfront Living

Discover an exclusive residence in the heart of Tokyo’s bay area.
Park Tower Kachidoki South offers a rare combination of sophisticated urban design, sweeping Tokyo Bay views, and world-class amenities.
This newly completed 2LDK + WIC + SIC residence (2 Bedrooms + Walk-In Closet + Shoes-In Closet) spans 88.17 square meters (approx. 948 sq.ft.) of interior space, complemented by a spacious 18.24 square meter balcony (approx. 196 sq.ft.) and an additional trunk room of 1.42 sqm (approx. 15.3 sq.ft.).

Located on the 38th floor of one of Tokyo’s most prestigious residential towers, this high-floor residence offers an unparalleled waterfront lifestyle for discerning buyers.

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Hidden Costs of Condo Ownership in Japan: What Every Foreign Buyer Must Know

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Rising Monthly Condo Fees in Japan: What Foreign Buyers Must Understand Before Investing

Introduction

Japan’s condominium market continues to attract global investors and foreign residents, thanks to its stability, location appeal, and urban infrastructure. However, one crucial aspect is often underestimated: the monthly ownership costs associated with condominiums.

If you are considering purchasing a condo in Japan, understanding monthly management fees and repair reserve funds is essential for long-term financial planning.

What Are Condo Management and Repair Fees in Japan?

In Japan, condominium owners pay two key recurring charges aside from mortgage payments and property taxes:

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Inside Tokyo’s Billionaire Real Estate Market: Trends and Opportunities for 2025

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Tokyo’s Ultra-Luxury Residential Market in 2025: Rising Demand, Limited Supply, and Future Outlook

Introduction

Tokyo’s ultra-luxury residential market has quietly emerged as a major global player. In 2025, the city is increasingly drawing the attention of ultra-high-net-worth individuals (UHNWIs) worldwide. A confluence of limited supply, strong demand, economic stability, and cultural prestige is reshaping Tokyo into a preferred destination for wealth preservation and lifestyle investment.

Current State of Tokyo’s Ultra-Luxury Residential Market

Definition and Price Benchmarks Ultra-luxury residences in Tokyo typically start from JPY 1 billion （U$6.7 million) and command prices of over

JPY 12 million per square meter.　Properties such as Aman Residences, Toranomon Hills, and MARQ Omotesando ONE exemplify this prime residential market, with record-breaking sales and rising benchmarks.

Characteristics of Ultra-Luxury Properties Located in Aoyama, Azabu, and Roppongi, these residences offer unmatched security, concierge services, privacy, and architectural excellence.

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