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October’s average rent per square metre rose above 3,300 JPY for the first time since tracking began.
These include the Branz, Comforia and Campus Village series of developments.
Total revenue reached a new all time high for the firm.
Rising prices still point to supply shortage and not decreased buyer demand as the main reason for the decline.
Over a quarter of purchasers in the subdivision were from Tokyo.
Motivating factors for the purchase were cited as being long term resiliency and limited net new supply.
Greater Tokyo based clients needing temporary leases due to construction or renovation of their current property can take advantage of the new service.
Highlights from the Jones Lang LaSalle report released September of 2021.
According to data released by major Japanese property portal SUUMO.
According to AtHome survey results from homeowners living in theirs for over 30 years.
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