Zagdim International Property Library

Japan

Tokyo Metropolis: MLIT publishes transaction price information, foreign land acquisitions are officially recorded, and some deals carry reporting duties.

What foreign buyers can ownOfficial records show land acquisition by foreign persons and entities; reporting obligations can apply to particular land transactions.See the full rule

Market snapshot

Japan

Prefecture Tokyo Metropolis

MLIT Residential Property Price Index, Tokyo Metropolis, seasonally adjusted (2010=100)

20162025182.1
Past 12 months+8.0%
Past 5 years, cumulative+38.5%

Latest observation: December 2025 · Source

Gross rental yield (estimate) 2.81% to 5.46%Basis: Q1 2026 Tokyo apartment examples, central 1-bedroom to eastern 23 wards 2-bedroom; Global Property Guide

The index and gross rental yield are market-level data, not the return of any single property.

11313916418920172019202120232025182.1
Line shows: each December. The vertical axis does not start at zero. Index bases differ by country; points are never compared across countries.

MLIT builds the index from about 300,000 property transaction price records a year. The official release is delayed, so the latest available period is December 2025. The line shows the December value of each year.

Indicator
MLIT Residential Property Price Index, Tokyo Metropolis, seasonally adjusted (2010=100)
Scope
Prefecture: Tokyo Metropolis
Read on
2026-10-20
What foreign buyers can own

Official records show land acquisition by foreign persons and entities; reporting obligations can apply to particular land transactions.

A short summary of the rule, with the official source. It is not legal advice.

Official source
Asking prices and sold prices

MLIT compiles its index from transaction-price data and publishes transaction information; compare asking prices with comparable deals, condition and fees.

Official source
Researched properties in this country.

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