Japan: House Prices, Rents, and Rental Yields
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Last Updated: Apr 13, 2009
Expensive apartments,
moderate returns
| Last Updated: Apr. 13, 2009 | |||||
| ACAPULCO - Houses | COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 40 sq. m. | 435,040 | 2,137 | 5.90% | 10,876 | 53.43 |
| 80 sq. m. | 996,320 | 4,614 | 5.56% | 12,454 | 57.68 |
| 120 sq. m. | 1,657,680 | 7,854 | 5.69% | 13,814 | 65.45 |
| 160 sq. m. | 2,374,240 | 10,570 | 5.34% | 14,839 | 66.06 |
| 250 sq. m. | 3,664,750 | 15,925 | 5.21% | 14,659 | 63.70 |
| Districts researched: Chiyoda: Banjo and Kojimachi Minato: Aoyama, Harajuku, Shirokane, Azabu, Roponggi, Takanawa and Omotesandu Shibuya: Hiroo, Daikanyama, Ebisu, Shoto, Yoyogi-Euhera Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
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The gross rental returns on apartments in Tokyo, Japan, averages around 5.54%. Smaller units have the highest yields. A 40 square metre (sq. m) apartment generates a yield of 5.90% while a 250-sq. m apartment has lower returns, at 5.21%.
Due to a lack of space in overpopulated Tokyo, apartments in the city centre have always been very expensive. On the average, apartments sell for around US$13,328 per sq. m.
Japan - more data and information
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Your Comments
posted by G Cox | 2007-03-25
Director, UK
Thank you for a very informative and well organised web site, in this case on Japan
posted by burton159 | 2008-05-16
Director/Valuer, Tokyo
Great site. Just came across it. When you do a global yield comparison could you do one relative to prevailing interest rates. Im sure Japan would rate much higher. (eg. 7.93%yield/2.00% retail interest rate = 3.97 compared globally would be very interesting.)
posted by our Editor: Matthew Pollock | 2008-05-16
Now that is an idea. However obtaining mortgage interest rates is not so easy, I'm not aware of any site that lists them.