Japan

Square Metre Prices - Japan Compared to Continent

Footnote

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Sri Lanka	$1,075
Indonesia	$1,354
Malaysia	$1,400
Philippines	$1,969
Vietnam	$2,070
Thailand	$2,492
Cambodia	$2,503
China	$2,697
Taiwan	$4,424
Singapore	$10,723
India	$11,413
Japan	$15,851
Hong Kong	$16,052

 

 

Japan: Square metre prices, premier city centre, US$.

Average per square metre (sq. m.) prices in US$/€ of 120-sq. m. apartments located in the centre of the most important city of each country, either the:

• Administrative capital; and/or
• Financial capital; and/or
• The centre of the rental market

Residential square metre prices published by the Global Property Guide are based on in-house research, using a simple method – we systematically scan web advertisements, looking at offers for sale, and offers for rent, of resale apartments and houses.

Properties are in excellent condition, with good facilities, and have been refurbished or redecorated within the last five years.

Newly-built and pre-sale property prices are not included. Buyers should expect the prices of new properties to be higher than house prices published by the Global Property Guide.

When was this data collected? Click on individual countries to see the data collection date.

Many countries produce residential house price time-series.

Source: Global Property Guide Research

 

Japan does not publish official house price statistics, so land prices are taken as a proxy. Land price statistics are available from the Japan Real Estate Institute (JREI), as well as rent index. For a summary of Japan’s economic and real estate trends, see monthly JREI reports. Japan’s Statistics Bureau and the Bank of Japan have good collections of general economics data.