(Updated on April 10, 2020) 

Rent per square meter of residential rental property

Rent per m² of Rental Residential Property in Tokyo (From 2009 to 2019)

Rent per square meter and vacancy rate of rental office property

Rent per Square Meter of Rental Office Property in Tokyo's 5 Central Wards / 23 wards (From 2004 to 2019)

<Notes>

(1) Very large buildings are those with standard floor area of at least 200 tsubo. (1 tsubo = approx. 3.305 ㎡)

(2) Tokyo's 5 central wards are Chiyoda-ku, Chuo-ku, Minato-ku, Shinjuku-ku, and Shibuya-ku.

Source: Prepared by International Interface based on data published by the Ministry of Land, Infrastructure, Transport and Tourism, March 2019.

Vacancy Rate by Size for Rental Office Property in Tokyo

<Notes>

(1) Very large buildings are those with standard floor area of at least 200 tsubo. (1 tsubo = approx. 3.305 ㎡)

(2) Tokyo's 5 central wards are Chiyoda-ku, Chuo-ku, Minato-ku, Shinjuku-ku, and Shibuya-ku.

Source: Prepared by International Interface based on data published by the Ministry of Land, Infrastructure, Transport and Tourism, March 2019.

Rental Office Property in Tokyo's 5 Central Wards / 23 wards (Very large buildings) Average Asking Rent and Vacancy Rate

Rent comparison with major global cities

Standard Office Rent in Major Cities (As of April 2016)

Notes:

(1) Comparative index of unit rental price for each city based on premium office space located in city center. (Tokyo’s Marunouchi/Otemachi area in April 2016 = 100.0)

(2) Comparative index of unit rental price for each city based on high-end condos in each city. (Tokyo’s Moto Azabu area in April 2016 = 100.0)

Rate of Change from Preious Survey in Office Rent Index for major cities

Note: Comparison with previous survey, using indices based on appraisal of rent per 1 m² assuming the subject property would be newly leased as of either April 1 or October 1 each year.

Source: Prepared by International Interface based on survey results of the Third “Global Property Value/Rent Indices” published by the Japan Real Estate Institute.

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