Global Property Guide

Financial Information for Residential Property Buyers


Price/GDP per Cap - Japan Compared to Asia

Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank

Click name of country for detailed information
India 627.55x
Cambodia 227.93x
China 145.62x
Philippines 135.02x
Indonesia 78.33x
Thailand 66.96x
Hong Kong 65.59x
Taiwan 46.11x
Japan 41.98x
Malaysia 36.71x
Singapore 25.96x

Japan: House price to income ratio

The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.

The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.


Japan has house price statistics, particularly monthly average condominium prices in Tokyo, published by the Land Institute of Japan. 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