What is the rate of used 'oku-shon' in Tokyo?

As of 2025, 18.8% of used apartments in Tokyo's 23 wards are over 100 million yen. In Minato Ward, it's nearly 60%.

Why are used apartment prices soaring?

Due to surging material and labor costs, and supply issues of new apartments, demand has shifted to the immediate-occupancy used market.

Which area saw the biggest increase in oku-shon?

Chuo Ward, surging from 6.2% in 2020 to 49.6% in 2025, an increase of 43.4 percentage points.

AI News NQ Analysis

Ratio of Used 'Oku-shon' Apartments in Tokyo's 23 Wards Surges to 18.8%, Reaching Nearly 60% in Minato Ward

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AI Summary (NQ-processed)

According to a survey by 'LIFULL HOME'S', operated by LIFULL Co., Ltd., the ratio of used 'oku-shon' (apartments priced over 100 million yen) in Tokyo's 23 wards reached 18.8% in 2025, a significant increase from 3.4% in 2020. The percentage is particularly high in Minato Ward (58.6%), Chiyoda Ward (53.8%), and Chuo Ward (49.6%). The main reason analyzed is the shift in demand to immediately available used apartments due to the soaring prices and supply difficulties of new apartments, driven by rising material and labor costs as well as geopolitical risks.

AI Analysis

Frequently Asked Questions

Q: What is the rate of used 'oku-shon' in Tokyo?: A: As of 2025, 18.8% of used apartments in Tokyo's 23 wards are over 100 million yen. In Minato Ward, it's nearly 60%.
Q: Why are used apartment prices soaring?: A: Due to surging material and labor costs, and supply issues of new apartments, demand has shifted to the immediate-occupancy used market.
Q: Which area saw the biggest increase in oku-shon?: A: Chuo Ward, surging from 6.2% in 2020 to 49.6% in 2025, an increase of 43.4 percentage points.