Number of newly built condominiums in the Tokyo metropolitan area increased by more than 20% by selling “Athletes' Village” September 17, 15:37
The number of newly built condominiums released in the Tokyo metropolitan area last month increased by about 20% compared to the same month last year due to the start of sales of condominiums built using the buildings of athlete villages such as the Tokyo Olympics. The average price per household in the Tokyo metropolitan area also rose nearly 20%.
According to a private research company, Real Estate Economic Research Institute, the number of newly built condominiums released last month in Tokyo, Kanagawa, Saitama and Chiba was 1819, an increase of 21.1% compared to the same month last year. .
Looking only at the 23 wards of Tokyo, there are 1201 units, a significant increase of 117.2%.
According to the research company, 600 new condominiums were developed in the Harumi area of Chuo-ku, Tokyo, which were constructed using the buildings of the Olympic and Paralympic athlete villages.
The average price per unit was 64.05 million, 19.5% higher than the same month last year.
Looking at the apartment village prices across the Tokyo metropolitan area, the average price was pushed up because it was relatively high.
By region,
▽ Tokyo 23 wards fell 1.6%, 77.3 million yen ▽ Tokyo 23 wards outside rose 18.4% to 59.9 million yen ▽ Kanagawa Prefecture fell 7.9% to 46.49 million yen Chiba Prefecture was up 6.5% to 41.21 million yen.
The research company says, “The number of units sold has temporarily increased, but in light of the fact that consumers are less motivated to purchase due to high prices, there may be a refrain from launching in the future.” .