TOKYO -- Prices of existing condominiums in Tokyo are rising at a faster clip, as homebuyers priced out of new condos shift to preowned units.
Affluent class snaps up property on back of rising stock prices
Preowned condos in Tokyo attract homebuyers and investors alike, particularly in the six central wards. (Photo by Tomoki Mera)
TOKYO -- Prices of existing condominiums in Tokyo are rising at a faster clip, as homebuyers priced out of new condos shift to preowned units.