Property Investment in Tokyo Yield Study : The Tokyo Towers
Here is another yield study on property investment in Tokyo. Is your investment worth it? Find out how much your purchase is worth from a rental cost’s perspective. A listing price is analyzed with a rent of similar (or the same) sized unit in the same condominium to calculate its annual gross yield.
On this article, The Tokyo Towers is assessed.
The Tokyo Towers
- Built in 2008
- Twin tower
- 2,794 units
- 58F
- 193.5m high
- Tallest condominium when it built
- Chuo-ward (ku)
- 5 minutes walk from to Kachidoki Station
- One of the flagship condominiums in Bayfront Tokyo
It turns out, its annual gross yield is in a range of 4.5% to 5.4% – slightly higher than Kachidoki View Tower, but lower than studio condominiums in Ikebukuro and Hongo.
Related: See what you can buy in Bayfront Tokyo for USD 500,000
Current listing – as of February 19 2015
FOR SALE | FOR RENT | GROSS YIELD | ||||||
Area/SQM | Floor | Bed | Price/JPY | Area/SQM | Floor | Bed | Price/JPY | % |
57.51 | 5 | 1 | 49,800,000 | 55.52 | 23 | 1 | 224,000 | 5.4 |
70.12 | 24 | 2 | 61,800,000 | 69.04 | 30 | 2 | 271,000 | 5.3 |
78.96 | 34 | 2 | 74,900,000 | 83.75 | 4 | 2 | 288,000 | 4.6 |
93.82 | 40 | 2 | 99,80,000 | 96.34 | 29 | 2 | 449,000 | 5.4 |
125.32 | 40 | 3 | 145,800,000 | 120.17 | 46 | 3 | 510,000 | 4.2 |
*Rental price includes monthly management fee, owed by a renter
Photo: Wikipedia