The Numbers That Matter
Japan's property market is massive — roughly ¥2,600 trillion in total real estate assets. Here are the key figures investors should know: Tokyo 23-ward average condo price is approximately ¥100 million (as of 2024), up significantly from ¥50 million five years ago. National vacancy rates sit around 13.6%, though Tokyo stays closer to 2–4% for desirable areas. Transaction volume has been rising, with foreign investment in Japanese real estate reaching record levels.
Outside Tokyo, cities like Osaka, Fukuoka, and Sapporo offer lower entry prices with strong rental demand.