#Japan #Tokyo #Tokyo Real Estate #Kenbiya #Property Trends

Introduction

In a significant development for the real estate market, the average price for segmented condominiums in Tokyo's 23 wards reached an all-time high in July 2026, according to the latest Profit Property Market Trend Monthly Report published by Kenbiya, a subsidiary of LIFULL Co., Ltd. This report provides crucial insights into the performance of residential income properties, including segmented condominiums, whole apartment houses, and whole mansions across Japan.

Kenbiya, operating as a platform for real estate investment information, aggregates data on rental yields and property prices from nationally registered listings to inform investors about market dynamics.

Market Overview

Over the past year, the average price of income properties has shown a consistent upward trend when compared to the same month the previous year. However, month-to-month comparisons indicate slight declines for certain property types. The segmented condominiums in the 23 wards, averaging ¥39,980,000, saw a marked increase of 15.42% year-on-year and 2.54% compared to the previous month. In contrast, whole mansions lagged with a +7.36% increase against the average price growth rate of +2.84% for the greater metropolitan area.

Despite overall trends showing mixed results, the Tokyo 23 wards have emerged as a robust segment, effectively driving the capital's property market.

Detailed Property Analysis

1. Segmented Condominiums

The segmented condominium market in Japan reflects an average price of ¥27,660,000 in July, with a marginal decline of 0.86% from the previous month but a robust increase of 12.44% from the same month last year. The national average yield stands at 6.68%, indicating a slight growth from previous measurements. The drastic increase in the segmented condominium price in the Shinshu/Hokuriku region, up 28.21% month-on-month, contrasts sharply with a 46.30% decrease year-on-year.

2. Whole Apartment Houses

Overall, the average price for whole apartment houses across Japan is ¥90,330,000, showing a 0.91% decrease month-on-month while increasing 6.71% from last year. This market segment is currently witnessing a stagnation with slight fluctuations. The yield, currently at 7.91%, is one of the lowest numbers recorded since the data collection began in 2008. The Tokyo conduit shows a notable average price of ¥139,280,000, further evidencing the market's regional disparities.

3. Whole Mansions

The whole mansion market closed the month at an average price of ¥206,180,000, representing a negligible decline of 0.07% monthly but demonstrating a considerable annual increase of 11.90%. This segment highlighted persistent upward trends despite notable month-to-month fluctuations, anchoring on the Tokyo 23 wards, which outshone regional averages with growth figures surpassing 17.89%.

Conclusion

The findings from the Profit Property Market Trend Monthly Report emphasize that while there are signs of easing in certain segments, the real estate market in Tokyo, specifically the 23 wards, remains vigorous and resilient. Investors can glean essential insights and actionable data from Kenbiya’s comprehensive reports, facilitating informed investment decisions within a shifting landscape.

With ongoing efforts to address various social issues through business endeavors, the role of platforms like Kenbiya continues to grow, providing invaluable data for stakeholders in the real estate investment community in Japan.

For further details, the complete Market Trend Report can be downloaded here.

About Kenbiya Co., Ltd.

Kenbiya Co., Ltd. is dedicated to offering data and resources around real estate investment. With its innovative platform, the company has positioned itself as a leader in providing valuable information to property investors, contributing to informed investment decision-making.