Latest Market Information

2025-06-02

From Yaesu to Shinagawa: The Future of Tokyo’s Prime Office Supply Is Taking Shape

Tokyo Office Market 2025–2029: Large-Scale Projects Lead Amid Tightening Supply

Tokyo’s office market is entering a new strategic phase, marked by a dual trend of concentrated supply and resilient demand. According to Mori Building’s latest report, more than 70–90% of all new office buildings supplied in Tokyo’s 23 wards through 2029 will be large-scale projects—defined as buildings with over 100,000 square meters of total floor space. This signals a sharp focus on premium-grade developments as construction costs continue to rise and tenants seek higher standards.

2025-05-12

Tokyo Bay Area Condo Market: Record Listings, Rising Prices—Is This the Peak?

by Yamamoto

Tokyo Bay Area Condo Market: Listings Surge, Prices Rise – But How Long Can the Bubble Hold? (April 2025 Report)

The April 2025 data update for the Tokyo Bay Area condominium market reveals a striking contrast: a historic spike in listings, declining transaction volume, and yet record-high prices. This paradox highlights the fragile balance in what is now widely considered a bubble market in central Tokyo.

2025-04-03

Investing in Tokyo? 5 Strategic Insights Foreign Buyers Must Know in 2025

by Yamamoto

Urban vs. Suburban Tokyo: Where Should You Buy Next?

Insights from Japan’s Leading Real Estate Experts – and What It Means for Global Investors

As Tokyo’s property market continues to evolve in 2025, a key question is emerging for both foreign investors and international residents:

“Should I focus on Tokyo’s central wards, or are the suburbs now a smarter bet?”

2025-04-02

The Future of Tokyo Real Estate: Key Trends Toward 2040

by Yamamoto

Japan’s Evolving Housing Landscape: Key Insights for 2030, 2040, and Beyond

1. Why Vacant Homes Are Expected to Surge

One of the central themes in the referenced video is the anticipated increase in vacant properties (akiya) over the next 10 to 20 years. To understand why, it helps to look at Japan’s demographics and family inheritance practices:

2024-10-04

Opportunities and Risks in Tokyo’s 2024 Property Market: Insights from the UBS Global Real Estate Bubble Report for Foreign Buyers

by Yamamoto

Understanding Tokyo’s Real Estate Market in 2024: High Risk, High Opportunity

The UBS Global Real Estate Bubble Index 2024 delivers a comprehensive analysis of real estate markets across the globe,

evaluating the risk of real estate bubbles

by examining key factors such as price-to-income ratios, mortgage rates, and overall economic imbalances.

The report presents a mixed global landscape, with notable regional variations, and Tokyo emerges as one of the highest-risk markets.

For foreign investors interested in Japan’s capital, understanding the dynamics at play is essential for making informed decisions.

Global Trends in 2024

The overall risk of housing bubbles has slightly decreased for the second year in a row,

but this reduction is not uniform across regions.

Europe has seen a decline in risk, while Asia-Pacific markets have remained relatively stable, and risks have risen in the US.

2024-07-11

Tokyo’s Retail Real Estate Trends Q1 2024: Opportunities for Foreign Investors

by Yamamoto

Summary of CBRE Japan Retail MarketView Q1 2024

Who is CBRE?

CBRE Group, Inc. (Coldwell Banker Richard Ellis) is a global commercial real estate services and investment firm headquartered in Los Angeles, California.

With operations in over 100 countries, CBRE is the world’s largest commercial real estate services and investment firm, offering a broad range of services,

including property sales, leasing, management, valuation, and advisory. Renowned for its extensive market research and industry insights,

CBRE provides valuable data and analysis to help investors, property owners, and tenants make informed decisions in the real estate market.

Overview

The CBRE Japan Retail MarketView (commercial properties) for Q1 2024 provides a comprehensive analysis of the retail real estate market across various key high street areas in Japan.

The report highlights trends in vacancy rates, average rents, and sector-specific demand, focusing on both Tokyo and regional cities.

Understanding Tsubo

In the Japanese real estate market, “tsubo” is a common unit of measurement for area. One tsubo is approximately 3.3 square meters or 35.6 square feet.

This unit is often used when discussing property sizes and rental rates in Japan, especially in the context of commercial and retail spaces.

2024-07-01

2024 Land Value Surge in Tokyo and Kanagawa: Key Factors and Future Insights for Foreign Investors

by Yamamoto

Land Value Surge in 2024: Insights for Foreign Investors in Tokyo and the Kanto Region

Key Points:

Metropolitan Area Focus
Economic Trends

On July 1(2024), the National Tax Agency announced the land value(路線価）

as of January 1, showing a national average increase of 2.3%,

marking the third consecutive year of growth.

This rise, the largest in 16 years, is driven by the recovery of inbound tourism,

redevelopment projects, and increased housing demand.

Regional Highlights:

The average land value increased in 29 prefectures, with the highest increases in:

Fukuoka: +5.8%
Okinawa: +5.6%
Tokyo: +5.3%
Hokkaido: +5.2%
Miyagi: +5.1%
Aichi: +3.2%
Osaka: +3.1%
Saitama: +2.1%

2024-04-17

Tokyo’s Real Estate Outlook 2024: Insights from NLI Research for International Investors and Residents

by Yamamoto

Introduction

*Greater Tokyo transaction price and transaction numbers

(From NLI chart)

As a leading expert with 15 years of experience as a residential property investor and landlord in Tokyo’s real estate market,

Yamamoto Property Advisory offers unparalleled insights and tailored investment strategies

for foreign investors looking to navigate this dynamic landscape.

Our deep understanding from a landlord’s perspective enriches our advisory services,

ensuring that you receive the most informed and strategic guidance available.

The report from NLI Research Institute, a think tank of Nihon Life insurance group, dated March 22, 2024,

provides an analysis of the used condominium market in the Tokyo metropolitan area (greater Tokyo, including

Tokyo, Kanagawa, Saitama and Chiba)with a focus on the effects of financial policy changes

and market dynamics.

The used condominium market in the Tokyo metropolitan area has a significant impact on the overall real estate market in Japan

due to its large scale and influence,and because Tokyo is the center of economic activity in Japan. For this reason,

this market is considered an indicator of the entire Japanese real estate market.

Here’s a concise summary of the main points of the report.

2024-01-24

Tokyo’s Property Market in 2023 (as of October) : An In-Depth Guide for Overseas Investors

by Yamamoto

Introduction:

Tokyo, a city that seamlessly blends the ultramodern with the traditional, stands as a beacon of opportunity in the global real estate landscape. For foreign investors looking to dive into this market, understanding its current trends is crucial. In this comprehensive guide, we’ll explore the latest developments in Tokyo’s real estate market, focusing on the used condominium sector, which offers insightful glimpses into the city’s economic heartbeat.