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Area1  Roppongi / Kamiyacho / Akasaka / Atago

 Area Overview
Roppongi Hills
Roppongi Hills
Following to the presence of high-rises such as ArkHills (in Akasaka-Tameike), Shiroyama Hills (in Kamiya-cho), Atago Tower (in Atago) and Izumi Garden Tower (adjacent to ArkHills), the completion of Roppongi Hills (54 storey office and amenity complex building) has established the publicity of a new business community. Still known for the convergence of hotels and oversea-based companies, but recent withdrawal of foreign capitals has also resulted increasing vacancy rate in this area.

 Accessibility
 -  Hibiya Line : Roppongi Sta., Kamiya-cho Sta.
 -  Nanboku Line : Roppongi 1-chome Sta., Tameike-Sannno Sta.
 -  Oedo Line : Roppongi Sta., Tameike-Sanno Sta.
 -  Ginza Line : Akasaka-Mitsuke Sta.
 -  Chiyoda Line : Akasaka Sta.

 Major Business Complex
Shiroyama Hills Ark Hills
Izumi Garden Roppongi Hills
Atago Green Hills Shiodome Siosite

The map of Area1


Rental Market Basics

Description Area (tsubo) Area (sq.m.) Area (sq.ft.)
Gross Area: Zone 983,730 3,252,000 34,991,520
Gross Area: Rental office space 609,902 2,016,205 21,694,366
Gross Area: New rental space in 2002 23,749 78,510 844,768
Gross Area: Rental space demended in 2002 6,670 22,050 237,258
Vacancy Rate 7.87%
Net Rent (¥ / M) *Exclusive of mgt.fee ¥17,766
(Note; Each rent does figure not include a management fee.)


Supply-Demand Balance Change

Supply-Demand Balance Change


Market Rates by Building Age & Floor Size

Description Avg. Deposit (¥ / 3.3 sq.m.) Avg. Net Rent (¥ / 3.3 sq.m. / month)
Market Rental Rate by
Property Age
5 years or above ¥163,267 ¥17,510
1-4 years ¥226,000 ¥20,020
New-built space ¥300,000 ¥31,500
Market Rental Rate by
Property Size
Below 500 tsubo ¥151,600 ¥16,864
500-1,000 tsubo ¥154,067 ¥16,954
1,000-3,000 tsubo ¥218,200 ¥20,387
3,000 tsubo or above ¥251,967 ¥22,494
(Note; Each rent does figure not include a management fee.)


Avg. Net Rent Change

Avg. Net Rent Change

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