Daily Archives: 2023-04-13

Japanese Condominium Prices For Investment Reach Record High in Q1 2023 (by Rakumachi)

 

Rakumachi, a real estate website in Japan, conducted market research for the first quarter of 2023

and found that the prices of all types of investment properties in Japan have increased.

(Not property for living)

 

The average price of one-room apartments increased to 74.95 million yen,

the average price of one-building apartments rose to 277.9 million yen,

and the average price of condominiums rose to 18.81 million yen.

One-room apartments had a yield of 8.98%(gross yield), while one-building apartments had a yield of 7.52%(gross yield),

and condominiums had a yield of 6.87% (gross yield).

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