Tokyo Residential building average “Net Cash Flow” survey.

Please view the following section for average “Net Cash Flow” breakdown of location, building area and building age. The survey is referenced from the Japan Ministry of Land, Infrastructure and Transportation in 2009.

• Average NCF in terms of area (residential building)
  

	Average NCF (per sqm)
Central 5 Wards of Tokyo	JPY 29,141
23 Wards of Tokyo	JPY 25,236
Suburban Tokyo outside of 23 wards	JPY 17,277
Greater Tokyo	JPY 21,808
Entire JAPAN	JPY 17,727

• Average NCF category in terms of building area(residential building)
  

NCF category, in terms of Area	Average NCF (per sqm)
500 to 1,000 sqm	JPY 14,737
1,000 to 2,000 sqm	JPY 17,602
2,000 to 5,000 sqm	JPY 18,898
more than 5, 000 sqm	JPY 16,974
Total	JPY 17,727

• Average Capex in terms of building age(residential building)
  

NCF category, in terms of building age	Average NCF (per sqm)
less than 5 years	JPY 58,629
5 to 10 years	JPY 39,438　※
10 to 20 years	JPY 38,065
more than 20 years	JPY 40,257
Total	JPY 17,727

※this figure is includung J-Reit properties.

Source : ＭＬＩＴ (as of 2009)

Related Links (residential)

“Average NOI of residential building in Japan”

“Average Net Cash Flow of residential building in Japan”

“Average Management cost of residential building in Japan”

“Average Maintenance cost of residential building in Japan”

“Average Capex of residential building in Japan”

Related Links (office)

“Average NOI of office building in Japan”

“Average Net Cash Flow of office building in Tokyo”

“Average Management cost of office building in Japan”

“Average Maintenance cost of office building in Japan”

“Average Capex of office building in Tokyo”