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Tokyo Condo Prices Triple in a Decade, Attracting Foreign Investors
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Tokyo condo prices soar. Ten-year-old units triple in value. Roppongi-itchome Station leads, up 3.69 times. Grand Suite Azabudai Hilltop Tower, 268.31 million yen. Originally 126.67 million yen. Azabudai Hills commercial facility boosts value.
Higashi-Ikebukuro Station follows. Brillia Tower Ikebukuro, 387.02 million yen. Was 79.17 million yen. Direct connection to station, redevelopment project drives up prices.
Foreign investors flock to Japan. Housing Japan sees 20-30% transaction increase. CEO Mitsuo Hashimoto cites affordability, safety, low geopolitical risk. Weaker yen attracts more foreign interest.
Osaka's Umeda district also sees rises. JR Osaka Station properties up 2.4 times. Grand Front Osaka Owner’s Tower, 202.94 million yen. Originally 74.7 million yen. Hotel investment active, foreign tourists drive demand.
Shogo Fujita, FJ Realty: Market booming, investors eager. Well-located existing condos likely to keep rising.
| Scores | Value | Explanation |
|---|---|---|
| Objectivity | 6 | Comprehensive reporting with in-depth analysis. |
| Social Impact | 4 | Strong social discussion, influencing public opinion. |
| Credibility | 5 | Solid evidence from authoritative sources. |
| Potential | 5 | Very high potential to trigger larger events. |
| Practicality | 4 | Highly practical, applicable to real problems. |
| Entertainment Value | 3 | Some entertainment value, attracts a portion of the audience. |