ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Property

Tokyo condo prices overtake bubble-era record in 2021

COVID-19 and low interest rates spur demand for homeownership

A high-rise condo in the Kanagawa Prefecture city of Kawasaki. Japanese homebuyers are snapping up units not just in Tokyo, but also its surrounding regions.

TOKYO -- New condominium prices in greater Tokyo last year topped the record set during the height of Japan's asset price bubble, according to data published Tuesday by the Real Estate Economic Institute.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more