Rising rents and high occupancy in the Greater Tokyo rental condominium market
First written in FY2022-Q2. 10 of 13 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026-H1.
The whole theme swung hardest in 2024: 3 of 12 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Demand for rental housing in the Greater Tokyo rental condominium market continued to strengthen as prices for new and used condominiums rose. The average asking rent in April 2026 was ¥13,695 per tsubo, up 11.0% year on year. The average occupancy rate as of the end of February 2026 for rental condominiums owned by J-REITs in the Tokyo metropolitan area remained high at 97.3%, up 0.3 percentage points.」
The average asking rent for Greater Tokyo rental condominiums rose 11.0% year on year, while the average occupancy rate for properties owned by J-REITs remained high at 97.3%. - 2026-04-06AdvancedEarnings
「Average asking rent in January 2026 was ¥13,266 per tsubo, up 12.1% year on year.」
Asking rents for rental apartments in the Tokyo metropolitan area increased, while the average occupancy rate of apartments held by J-REITs remained high at 97.5%. - FY2025AdvancedAnnual report
「In the Greater Tokyo rental condominium market, the average asking rent in October 2025 was ¥12,856 per tsubo, up 9.0% year on year. Rising rents in central Tokyo drove continued rent growth across Greater Tokyo. The average occupancy rate as of the end of August 2025 for condominiums owned by J-REITs in the Tokyo metropolitan area was 97.5%, up 0.6 percentage points, and remained firm against a backdrop of strong demand for rental condominiums.」
The average asking rent rose 9.0% year on year, while the average occupancy rate for condominiums owned by J-REITs rose to 97.5%. - FY2025-H1AdvancedAnnual report
「Demand for rental housing remained strong in the Greater Tokyo rental condominium market. The average occupancy rate as of the end of February 2025 for condominiums owned by J-REITs in the Tokyo metropolitan area was 97.5%, up 0.3 percentage points year on year, and remained high. The average asking rent for Greater Tokyo rental condominiums as of April 2025 was ¥12,343 per tsubo, up 2.2%, reaching a new record high as landlords passed higher management and other costs caused by inflation through to rents and supplies of new and relatively new properties with high rents increased in succession.」
The average occupancy rate for condominiums owned by J-REITs was 97.5%, while the average asking rent rose 2.2% year on year to a new record high. - FY2024-Q2AdvancedAnnual report
「In the Greater Tokyo rental condominium market, the average asking rent as of April 2024 was ¥12,079 per tsubo, up 4.6% year on year, while the average occupancy rate as of the end of February 2024 for condominiums owned by J-REITs in the Tokyo metropolitan area was 97.5%, up 0.3%.」
Asking rents for Greater Tokyo rental condominiums rose 4.6% year on year, while the average occupancy rate for condominiums owned by J-REITs also rose to 97.5%. - FY2024-Q1AdvancedAnnual report
「The average asking rent for Greater Tokyo rental condominiums as of January 2024 was ¥11,801 per tsubo, up 5.3% year on year, while the average occupancy rate as of the end of October 2023 for condominiums owned by J-REITs in the Tokyo metropolitan area was 97.0%, unchanged from the previous year.」
The average asking rent for Greater Tokyo rental condominiums rose 5.3% year on year, while the average occupancy rate for condominiums owned by J-REITs remained high at 97.0%. - FY2023AdvancedAnnual report
「The average asking rent for Greater Tokyo rental condominiums as of October 2023 was ¥11,705 per tsubo, up 7.6% year on year, while the average occupancy rate as of the end of August 2023 for condominiums owned by J-REITs in the Tokyo metropolitan area was 97.5%, up 0.6 percentage points year on year.」
Asking rents for Greater Tokyo rental condominiums and occupancy rates for condominiums owned by J-REITs both increased, and market conditions of high occupancy and rising rents continued. - FY2023-Q3AdvancedAnnual report
「The average asking rent for Greater Tokyo rental condominiums as of July 2023 was ¥11,633 per tsubo, up 5.6% year on year, while the average occupancy rate as of the end of April 2023 for condominiums owned by J-REITs in the Tokyo metropolitan area was 96.9%, up 0.1 percentage points year on year.」
The average asking rent for Greater Tokyo rental condominiums rose 5.6% year on year, while the average occupancy rate for condominiums owned by J-REITs also rose to 96.9%. - FY2023-Q2AdvancedAnnual report
「The average asking rent for Greater Tokyo rental condominiums as of April 2023 was ¥11,550 per tsubo, up 3.7% year on year, while the average occupancy rate as of the end of January 2023 for condominiums owned by J-REITs in the Tokyo metropolitan area was 96.6%, up 0.1 percentage points year on year.」
The average asking rent for Greater Tokyo rental condominiums rose 3.7% year on year, while the average occupancy rate for condominiums owned by J-REITs also rose to 96.6%. - FY2023-Q1AdvancedAnnual report
「The average asking rent for Greater Tokyo rental condominiums as of January 2023 was ¥11,209 per tsubo, up 2.8% year on year, while the average occupancy rate as of the end of October 2022 for condominiums owned by J-REITs in the Tokyo metropolitan area was 96.6%, up 0.1 percentage points year on year.」
The average asking rent for Greater Tokyo rental condominiums rose 2.8% year on year, while the average occupancy rate for condominiums owned by J-REITs also rose to 96.6%. - FY2022Slightly lower rents, with high occupancy maintainedAnnual report
「The average asking rent for Greater Tokyo rental condominiums as of October 2022 was ¥10,879 per tsubo, down 0.5% year on year, while the average occupancy rate as of the end of August 2022 for condominiums owned by J-REITs in the Tokyo metropolitan area was 97.0%, up 0.5 percentage points year on year.」
The average asking rent fell slightly year on year, while the average occupancy rate for condominiums owned by J-REITs rose to 97.0%, keeping occupancy high. - FY2022-Q3Rents continue to rise, with high occupancy maintainedAnnual report
「The condominium rental market remained firm. In the Greater Tokyo rental condominium market, the average asking rent as of July 2022 was ¥11,018 per tsubo, up 1.1% year on year, while the average occupancy rate as of the end of April 2022 for condominiums owned by J-REITs in the Tokyo metropolitan area was 96.3%, unchanged year on year.」
The average asking rent for Greater Tokyo rental condominiums rose 1.1% year on year, while the average occupancy rate for condominiums owned by J-REITs remained high at 96.3%. - FY2022-Q2First statedAnnual report
「The condominium rental market remained firm. In the Greater Tokyo rental condominium market, the average asking rent as of April 2022 was ¥11,143 per tsubo, up 3.1% year on year, while the average occupancy rate as of the end of January 2022 for condominiums owned by J-REITs in the Tokyo metropolitan area was 96.1%, down 0.3 percentage points year on year. Rents for single-occupant condominiums in Tokyo's 23 wards, which had declined last year, showed signs of bottoming out.」
The average asking rent for Greater Tokyo rental condominiums rose 3.1% year on year, while the average occupancy rate for condominiums owned by J-REITs was 96.1%. Rents for single-occupant units in Tokyo's 23 wards also showed signs of bottoming out.