The average price of newly built condominiums released in the Tokyo metropolitan area last month was 65.18 million yen, up 3% from the same month last year, rising for the third consecutive month.

According to the research company "Real Estate Economic Research Institute", the average price per unit of newly built condominiums released last month in Tokyo, Kanagawa, Saitama, and Chiba is 65.18 million yen, which is 188 from the same month last year. It increased by 3% in terms of 10,000 yen.



The average price by region was


▽ Tokyo 23 wards at 79.47 million yen, 1.5% from the same month last year,


▽ Kanagawa prefecture at 55.64 million yen, 0.2% lower, but


▽ Saitama prefecture at 59.61 million yen and 21.4. % Exceeded.



According to a research company, condominiums were launched one after another in the popular areas of Saitama Prefecture, Kawagoe, Kawaguchi, and Urawa last month, pushing up the overall average price.

Last year's average price exceeded the bubble period and reached a record high

In addition, the average price of newly built condominiums in the Tokyo metropolitan area released in 2021 was 63.6 million yen, up 6.1% from the previous year, surpassing the bubble economy of 1990 and reaching a record high.



According to the research company, "The average price of newly built condominiums continues to be high against the backdrop of rising labor costs. In addition to rising prices of condominium materials such as concrete, the yen is also depreciating, and sales prices will rise in the long run. It's more likely. "