Purchase budgets differ materially by ward
62.74–259.47JPY 10,000/m²Average sale units span about 4.1 times from lowest to highest. Use this as a starting point for choosing areas within your budget.
Compare ward-level unitsPurchase, investment, ownership and sale for cross-border clients
Understand Tokyo.Choose with clarity.
Understand the market, area and cash flow. Plan an overseas purchase, management and sale.
Tokyo market insights
Read the market. Then examine the property.
FY2025 · April 2025–March 2026
Read rent together with acquisition cost
2.52–5.15%Indicative gross yield (approx.)A comparison proxy calculated from ward-average units. A higher number does not mean higher realized returns or lower risk.
Model costs and vacancyFollow the averages with a property-level review
56.8 / 32.8m²Average sale / rental areaSale and rental samples have different property mixes. Review comparable stations, sizes, building ages and management conditions before estimating a specific property.
Discuss your property criteriaMinato
Transactions over the same period- Resale condominium transaction price
- 259.47 JPY 10,000/m²
- Condominium transaction rent (approx.)
- 6,012 JPY/m²/month
- Indicative gross yield (approx.)
- 2.78%
1,513 sale and 3,203 rental transactions.
Adachi
Transactions over the same period- Resale condominium transaction price
- 62.74 JPY 10,000/m²
- Condominium transaction rent (approx.)
- 2,693 JPY/m²/month
- Indicative gross yield (approx.)
- 5.15%
924 sale and 2,835 rental transactions.
Yield is an approximate comparison metric: each ward’s rent per m² × 12 ÷ sale price per m². It is neither matched-property performance nor the average of individual property yields.
Vacancy, management, repairs, taxes, insurance, debt service and transaction costs are excluded. Age, size and station-distance mixes differ: a higher figure alone is not an investment recommendation.
Data conditions and methodology
Sales: resale condominiums · Rentals: mansions, excluding apartment-category and detached units
Prices use REINS annual average units. Rent units are pooled over the same four quarters, weighted by transaction count × average area. Rounded source aggregates make rent and yield approximate; these are not medians or current asking levels.
Yield is an approximate comparison metric: each ward’s rent per m² × 12 ÷ sale price per m². It is neither matched-property performance nor the average of individual property yields.
Vacancy, management, repairs, taxes, insurance, debt service and transaction costs are excluded. Age, size and station-distance mixes differ: a higher figure alone is not an investment recommendation.
Compiled and charted by GE Creation from REINS annual and quarterly rental transaction reports.
Indicators differ by geography, property type and period. Averages do not represent a specific property’s price or return.
Tokyo 23 wards & area comparison
Central city or residential district? Compare by objective.
TOKYO · 23Select a ward
Adapted from MLIT administrative boundaries 2024 (CC BY 4.0)
FY2025 · April 2025–March 2026
Compare by objective
Find the differences between areas
Select the map or a ward name. Compare up to three wards.
Minato
- Resale condominium transaction price
- 259.47 JPY 10,000/m²
- Condominium transaction rent (approx.)
- 6,012 JPY/m²/month
- Indicative gross yield (approx.)
- 2.78%
Koto
- Resale condominium transaction price
- 129.71 JPY 10,000/m²
- Condominium transaction rent (approx.)
- 3,938 JPY/m²/month
- Indicative gross yield (approx.)
- 3.64%
Yield is an approximate comparison metric: each ward’s rent per m² × 12 ÷ sale price per m². It is neither matched-property performance nor the average of individual property yields.
Plan the full ownership lifecycle
- 01
Objective & budget
- 02
Funding & identity
- 03
Investigation & viewing
- 04
Disclosure & contract
- 05
Settlement & registration
- 06
Management & exit
2026 Tokyo core asset white paper
Beyond price. Through ownership and exit.
Explore market, area, cash flow and risk, with guidance on overseas purchase, ownership and sale. Check the scope and assumptions when using this guide.
Understand before decidingCash flow & purchase planning tools
Review results and breakdowns from your own inputs. No email required.
50 cross-border Tokyo property FAQs
Explore eligibility, costs, financing, tax, management and sale by question.
Looking for ordinary domestic property services?GE Creation domestic site
Individual legal, tax, registration and immigration decisions or filings require the relevant qualified professionals and authorities. Scope, responsibility and fees are agreed before engagement.
Web consultation
Tell us what you are considering
Objective, budget and timing. You can start with your current situation even if some details remain undecided.