Tokyo families left behind as new condo supply hits 30-year low

Developers focus on expensive units amid high costs, foreign investor demand

20251104N Tokyo skyline

Tight supply of newly built apartments is pushing up prices for family rental units in Tokyo. (Photo by Tomoki Mera)

KOKI KUBOTA

TOKYO -- The supply of new condos in Tokyo has fallen to its lowest level in about 30 years, as a rise in land prices, construction costs and speculative investment pushes developers to focus on lucrative high-end units.

Sponsored Content

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