TOKYO -- Condominiums in the Tokyo metropolitan area are becoming more expensive as investment targets, zooming past even U.S. stock market darling Nvidia to log a record-high price-earnings ratio of nearly 30 for 2024.
Property
Think Nvidia is pricey? Try investing in a Tokyo condo
Domestic and foreign investors drive new-unit prices up faster than rents
The P/E ratio for new condos in the Tokyo metropolitan are went up for a fifth straight year in 2024. (Photo by Sae Kamae)
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