Office rent in Tokyo's main business districts 2014-2023

Published by Statista Research Department, Jan 11, 2024

In December 2023, the average rent for office space in the central business districts in Tokyo amounted to around 19.8 thousand Japanese yen per tsubo, declining for the fourth consecutive year. Tokyo's main business districts comprise the wards of Chiyoda, Chuo, Minato, Shinjuku, and Shibuya.

Office rent in the main business districts of Tokyo from 2014 to 2023 (in 1,000 Japanese yen per tsubo)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

January 2024

Region

Japan

Survey time period

2014 to 2023

Special properties

as of December each year

Supplementary notes

Business districts include Chiyoda Ward, Chuo Ward, Minato Ward, Shinjuku Ward, and Shibuya Ward.

Office buildings for rent with a standard floor area of 100 tsubo or more.

Excluding common area maintenance (CAM) charges and consumption tax.

Average rents are based on the terms of new offers for standard floors.

Tsubo is an area unit in the Japanese system of weights and measures (1 tsubo equals around 3.31 square meters).

100 Japanese yen equal 0.71 U.S. dollars or 0.64 euros as of January 2024.

Values have been rounded.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Office real estate in Japan "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Office real estate in Japan

Overview

6

Construction

5

Tokyo

6

Osaka

5

Nagoya

5

Investment

5

Impact of COVID-19

6

Flexible office space

6

Further related statistics

17

Further Content: You might find this interesting as well

Statistics

Topics

Office real estate in JapanReal estate in JapanOffice real estate in ChinaPublic transport in JapanDemographics of Japan
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.