Average Gross Income Rate for Condominiums in 5 Central Areas in Tokyo

Please click the link below to view Average Gross Income Rate for Condominiums in 5 Central Areas in Tokyo.


| Rent for Condominiums |
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| RAW data | Average Rent (JPY/m2) |
80㎡~ | 4,767 | 4,743 | 4,960 | 4,916 | 5,108 | 5,277 | 5,194 | 4,975 | 4,496 | 4,329 |
| 40㎡ ~80㎡ | 3,986 | 3,884 | 4,095 | 4,154 | 4,195 | 4,362 | 4,234 | 4,231 | 4,039 | 3,926 | ||
| ~40㎡ | 4,166 | 4,103 | 4,254 | 4,208 | 4,206 | 4,312 | 4,334 | 4,276 | 4,214 | 4,109 | ||
| Average Walking Distance (min) |
80㎡~ | 6.3 | 6.4 | 5.9 | 6.2 | 6.6 | 6.4 | 6.3 | 6.2 | 6.2 | 6 | |
| 40㎡ ~80㎡ | 5.7 | 5.4 | 5.1 | 5.4 | 5.6 | 5.4 | 5.2 | 5.7 | 5.5 | 5.4 | ||
| ~40㎡ | 5.2 | 5.2 | 5.4 | 5.5 | 5.3 | 5.4 | 5.2 | 5.2 | 5.4 | 5.5 | ||
| Average building age (year) |
80㎡~ | 9.3 | 9.2 | 10.3 | 11.6 | 9.4 | 8.4 | 8.5 | 8.9 | 10.8 | 10 | |
| 40㎡ ~80㎡ | 7.4 | 6.5 | 6.4 | 6.4 | 6.2 | 6.2 | 6.4 | 5.3 | 6.9 | 7.1 | ||
| ~40㎡ | 7.2 | 7.9 | 7.7 | 7.9 | 8.2 | 7.8 | 8.4 | 8.9 | 9.4 | 9.4 | ||
| Number of transaction | 80㎡~ | 627 | 649 | 640 | 564 | 651 | 679 | 633 | 659 | 834 | 779 | |
| 40㎡ ~80㎡ | 1,948 | 1,960 | 2,243 | 1,893 | 2,156 | 1,815 | 1,966 | 1,898 | 2,084 | 1,803 | ||
| ~40㎡ | 4,370 | 3,599 | 3,783 | 2,925 | 3,492 | 2,521 | 2,660 | 2,092 | 3,020 | 2,166 | ||
| Statistically Revised data |
[A]Rent for new Condominiums (JPY/month∙㎡) |
80㎡~ | 5,380 | 5,332 | 5,621 | 5,631 | 5,713 | 5,788 | 5,721 | 5,521 | 5,174 | 4,938 |
| 40㎡~ 80㎡ | 4,383 | 4,215 | 4,420 | 4,478 | 4,501 | 4,646 | 4,524 | 4,472 | 4,344 | 4,235 | ||
| ~40㎡ | 4,388 | 4,340 | 4,491 | 4,437 | 4,462 | 4,544 | 4,586 | 4,546 | 4,505 | 4,409 | ||
| [B]Rent for 10 years old Condominiums (JPY/month∙m2) |
80㎡~ | 4,729 | 4,719 | 4,972 | 5,025 | 5,102 | 5,170 | 5,140 | 4,917 | 4,564 | 4,324 | |
| 40㎡~ 80㎡ | 3,920 | 3,766 | 3,958 | 4,012 | 4,038 | 4,193 | 4,089 | 4,029 | 3,914 | 3,812 | ||
| ~40㎡ | 4,133 | 4,084 | 4,228 | 4,162 | 4,176 | 4,254 | 4,290 | 4,245 | 4,200 | 4,095 | ||

| New Condominiums | |||||||||||
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| [C]Average sales price (10,000JPY/㎡) |
80㎡~ | 114.6 | 129.1 | 84.1 | 95 | 158.6 | 192 | 180.1 | 163.8 | 104.2 | 121.5 |
| 40㎡~
80㎡ |
80.1 | 83.9 | 76.3 | 93 | 110.8 | 116 | 116.2 | 107 | 79.4 | 93.3 | |
| ~40㎡ | 90.9 | 97.1 | 108.9 | 105.6 | 107.9 | 120.8 | 117.2 | 109.2 | 84.4 | 96.9 | |
| Average Walking Distance (min) |
80㎡~ | 6.5 | 6.1 | 8.6 | 7 | 7 | 5.8 | 6.9 | 4.7 | 8.6 | 6.2 |
| 40㎡~
80㎡ |
5 | 5.1 | 7 | 5 | 5.7 | 4.2 | 6.2 | 3.8 | 7.5 | 4.7 | |
| ~40㎡ | 3.4 | 2.5 | 3.8 | 4.2 | 4.7 | 4.4 | 5.5 | 5.5 | 6.9 | 6.3 | |
| Number of transaction | 80㎡~ | 22 | 24 | 1,079 | 389 | 406 | 300 | 259 | 129 | 174 | 72 |
| 40㎡~
80㎡ |
88 | 51 | 1,038 | 411 | 447 | 642 | 411 | 383 | 906 | 308 | |
| ~40㎡ | 7 | 8 | 355 | 504 | 479 | 605 | 421 | 172 | 346 | 170 | |

| Used Condominiums | ||||||||||||
| ——- | 2005.
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| RAW data | Average Price (10,000JPY/㎡) |
80㎡~ | 65.7 | 84.5 | 72.7 | 73.7 | 97.2 | 101.9 | 93.4 | 116.4 | 75.4 | 74 |
| 40㎡~
80㎡ |
54.7 | 55.7 | 58.3 | 58.6 | 70 | 80.6 | 76 | 68.8 | 61.7 | 62.6 | ||
| ~40㎡ | 53.8 | 51.2 | 55.6 | 58.5 | 62 | 62.8 | 66 | 57.3 | 55.6 | 56.8 | ||
| Average Walking Distance (min) |
80㎡~ | 5.5 | 5.3 | 6.6 | 7.5 | 5.1 | 6.4 | 6.2 | 5.3 | 7 | 6.9 | |
| 40㎡~
80㎡ |
5.9 | 6 | 5.6 | 5.5 | 5.9 | 5.6 | 5.6 | 5.8 | 5.5 | 5.5 | ||
| ~40㎡ | 5 | 5.2 | 5.1 | 4.9 | 4.6 | 4.8 | 5.5 | 5.2 | 4.7 | 5.9 | ||
| Average building age (year) |
80㎡~ | 21.9 | 20.1 | 19.9 | 18.2 | 22 | 14.6 | 18.3 | 13.5 | 24 | 24.5 | |
| 40㎡~
80㎡ |
24.1 | 22.9 | 24.8 | 24.9 | 22.3 | 22.2 | 21.8 | 22.4 | 23.7 | 23.2 | ||
| ~40㎡ | 23.6 | 24.8 | 25.4 | 24.7 | 25.4 | 24.9 | 24.5 | 26.3 | 28.5 | 26.7 | ||
| Number of transaction | 80㎡~ | 123 | 120 | 114 | 114 | 106 | 94 | 132 | 99 | 76 | 58 | |
| 40㎡~
80㎡ |
938 | 874 | 783 | 738 | 805 | 800 | 860 | 766 | 657 | 457 | ||
| ~40㎡ | 434 | 436 | 375 | 346 | 349 | 314 | 339 | 203 | 201 | 150 | ||
| Statistically Revised data |
[D]Price for 10 years old Condominiums (JPY/month∙m2) | 80㎡~ | 85.5 | 103.1 | 90.8 | 87.8 | 118.6 | 110.6 | 107.7 | 122.8 | 104.4 | 104.4 |
| 40㎡~
80㎡ |
69 | 68.6 | 73.5 | 73.7 | 82.8 | 94.5 | 89.9 | 83.5 | 77.3 | 77.5 | ||
| ~40㎡ | 70.2 | 69.5 | 74.7 | 76.8 | 81.2 | 80.8 | 82 | 74.8 | 75.3 | 75.5 | ||


| Average Gross Income Rate | |||||||||||
| ——- | 2005.
Jan-Jun |
2005.
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Jan-Jun |
2006.
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2007.
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2007.
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2008.
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| [A/C] New Condominiums |
80㎡~ | 5.6% | 5.0% | 8.0% | 7.1% | 4.3% | 3.6% | 3.8% | 4.0% | 6.0% | 4.9% |
| 40㎡~ 80㎡ | 6.6% | 6.0% | 7.0% | 5.8% | 4.9% | 4.8% | 4.7% | 5.0% | 6.6% | 5.4% | |
| ~40㎡ | 5.8% | 5.4% | 4.9% | 5.0% | 5.0% | 4.5% | 4.7% | 5.0% | 6.4% | 5.5% | |
| [B/D] Used Condominiums |
80㎡~ | 6.6% | 5.5% | 6.6% | 6.9% | 5.2% | 5.6% | 5.7% | 4.8% | 5.2% | 5.0% |
| 40㎡~ 80㎡ | 6.8% | 6.6% | 6.5% | 6.5% | 5.9% | 5.3% | 5.5% | 5.8% | 6.1% | 5.9% | |
| ~40㎡ | 7.1% | 7.1% | 6.8% | 6.5% | 6.2% | 6.3% | 6.3% | 6.8% | 6.7% | 6.5% | |
SOURCE: Japan Real Estate Institute

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