Property

Tokyo's condo prices keep rising as suitable land grows scarce

Price increases outstrip construction costs while demand trends upward

20251027N tokyo condos

Condominium prices continue to rise in central Tokyo as demand remains strong and new building sites are scarce. (Photo by Tomoki Mera)

HIROFUMI KANAOKA
October 28, 2025 06:38 JST

TOKYO -- Condominium prices in Tokyo continue to climb, spurred by both rising construction costs and a decline in available land even as demand remains strong, especially among double-income high earners.

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