Post: Friday August 12, 2011
A real estate research firm made a survey and ranked by area based on the profits from buying a brand new apartment, managing it and selling it 10 years later around 385 station areas within the Greater Tokyo area.
It is calculated by subtracting the market price of the used apartment from the brand new apartment (70 sqm.) in the past 10 years and then adding 10 years income from rent (management gain).
According to the research, Gaienmae was marked top with 97.74 million yen as it did in the past three consecutive years. It is followed by Hanzomon (in 2nd) and Omotesando (in 3rd).
Out of the top 30 station areas, 15 of them are located in Minato-ku, 5 in Shibuya-ku and 4 in Chiyoda-ku.
In addition to the convenience of transportation, the residential properties maintain their value in regard to the standard of rent and asset value due to scarce supply and limited space in central Tokyo.
|Station (Ku)/ Train Line||Management gain|
and Capital gain
for 10 years (million yen)
|1||Gaienmae (Minato-ku)||Ginza / Hanzomon Line||97.7|
|2||Hanzomon (Chiyoda-ku)||Hanzomon Line||65.8|
|3||Omotesando (Minato-ku)||Ginza / Hanzomon / Chiyoda Line||64.8|
|4||Azabujuban (Minato-ku)||Nanboku Line / Toei-Oedo Line||64.4|
|5||Ginza itchome (Chuo-ku)||Yurakucho Line||63.4|
|6||Harajuku (Shibuya-ku)||JR Yamanote Line||62.4|
|7||Akabanebashi (Minato-ku)||Toei-Oedo Line||61.1|
|8||Kamiyacho (Minato-ku)||Hibiya Line||60.4|
|9||Jimbocho (Chiyoda-ku)||Hanzomon / Toei-Mita / Toei- Shinjuku Line||57.8|
|10||Shirokanedai (Minato-ku)||Nanboku Line / Toei-Mita Line||57.3|
*Please click a station above to see properties for sale around the area.
*Please go to the below referenced web link for Tokyo Area Information.