1. Used condominium prices in central Tokyo have significantly increased, reaching approximately 105 million yen (over 710,000 dollars) on average.
2. This surge represents a nearly 39% increase year-on-year and marks the third consecutive month that the average price has exceeded 100 million yen.
3. The central wards have experienced especially high prices, with averages doubling or more compared to other areas. This trend is attributed to the return to commuting for work and increased demand from foreign investors seeking properties as investments.
2. This surge represents a nearly 39% increase year-on-year and marks the third consecutive month that the average price has exceeded 100 million yen.
3. The central wards have experienced especially high prices, with averages doubling or more compared to other areas. This trend is attributed to the return to commuting for work and increased demand from foreign investors seeking properties as investments.
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Summary
Used condominium prices in central Tokyo have risen significantly, averaging 105 million yen (710,000 USD), marking a nearly 39% increase year-on-year and the third consecutive month above 100 million yen. Central wards show particularly high prices, with values doubling or more compared to other