• 2021.05.17
  • Gain on sale in Japan
  • Japan business manager visa
  • Japan property
  • Japan Property Investment
  • Resale value Japan

Towns in Tokyo Central where you can expect gain on sale most

Towns in Tokyo where you can anticipate gain on sale.
A research institution announced that the most affordable station in the Tokyo metropolitan area was the Tokyo Metro Namboku Line “Tameike Sanno” 溜池山王 for the second consecutive year. The gain was 1.25 million yen per ㎡ (87.98 million yen in 70 ㎡), about 100,000 yen higher than the previous year.
The next largest gain was 1.24 million yen per ㎡ on the Tokyo Metro Namboku Line “Azabu-10ban” 麻布十番. Both investing income gain and capital gain increased, and the marginal profit was more than 300,000 yen higher than the previous year.

In third place was the Toei Subway Asakusa Line “Takanawadai” 高輪台, and the profit was 1.03 million yen per ㎡. Investing income gain was 595,000 yen per ㎡ and capital gain was 444,000 yen per ㎡. The annual yield is as high as 9.55 percent.

The highest income gain was 773,000 yen per ㎡ on the Tokyo Metro Hibiya Line “Kamiyacho” 神谷町. And the top annual yield was 11.28% of the Tokyo Metro Chiyoda Line “Meiji Jingu-mae” 明治神宮前. You can imagine “Meiji Jingu-mae” is as where near to Harajuku 原宿.

Second-hand resale value highest in Dainkanyama 代官山
On May 6, a research institution also announced the results of the 10-year-old second-hand condominium resale value survey (20 years, Tokyo Metropolitan Area).
According to the report, the average resale value (RV, price maintenance rate) of the targeted 412 stations was 101.9% (up 7.6 points year-on-year), a significant increase.
The station with the highest RV was “Daikanyama”.
According to the company, the number of new units supplied decreased significantly in 2020 due to the effects of the COVID-19 epidemic.
Strong demand for housing moved to the second-hand market, resulting in an increase in the price of second-hand condominiums. It is said that the second-hand market price of 10 years has exceeded the level at the time of new construction sale.


This time, the station with the highest RV was “Daikanyama” in Shibuyaku at 164.3%. The second-hand market price (average ㎡ unit price of 2.08 million yen) at the time of construction is calculated to have risen by more than 60% compared to the time of new construction sale (1.26 million yen).

I say the above towns are quite popular in Japan so that it is not that simple to find good buy.
Please let me know if you get interested in looking for targets in the area above.

Masaki Tanzawa
Email: tanzawa@ablife.jp
URL:https://www.investorvisa.jp/investjapan/
https://www.facebook.com/InvestVisaJapan
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