Japan high rise condo pipeline tops 97,000 units
- Adam German
- May 26
- 2 min read
On May 22nd, The Real Estate Economic Institute announced 270 high-rise condominium complexes - buildings with 20 floors or more - are set to be completed across Japan from fiscal 2025 onward.
These projects will bring a total of 97,141 new units to the market, up by 7 buildings and 1,033 units from the previous tally in March 2024.
Tokyo Remains the Core Market but Regional Hubs Show Momentum
The Greater Tokyo Area (GTA) continues to dominate the market, with 168 buildings and 72,252 units in the pipeline.
That’s 74.4% of the national total, although the share slipped by 2 points since the last survey.
Within Tokyo’s 23 wards, 112 buildings and 48,613 units are planned - half of the nation’s entire future high-rise supply.
Meanwhile, the Greater Osaka (Kansai) region is gaining ground. The region now accounts for 33 buildings and 11,343 units, an increase of 4 buildings and 1,783 units. That raises its national share to 11.7%. Osaka City alone has 20 buildings, and 6,805 units planned.
Other areas with notable development activity include:
Aichi: 10 buildings, 1,761 units
Fukuoka: 8 buildings, 1,497 units
Okayama: 3 buildings, 1,202 units
Hiroshima: 6 buildings, 1,113 units
Hokkaido: 5 buildings, 912 units
Miyagi: 3 buildings, 847 units
In 2024, 54 high-rise buildings with 14,138 units were completed nationwide.
This includes 23 buildings in the GTA (7,757 units), 14 in Kansai (3,912 units), and 17 in other regions (2,469 units).
That total is nearly unchanged from 2023, when 14,037 units were completed.
What to Expect Through 2027
Completions are expected to rise to the 15,000-unit range in 2025, partly due to delays related to labor shortages in the construction industry.
Graph courtesy of The Real Estate Economic Institute 2025 Report linked at the bottom of the article. Edited by Patience Realty.
In 2026, nationwide high-rise completions are forecast to surge to about 25,000 units. The growth will be driven not just by Tokyo’s city center and bayfront areas, but also by large-scale redevelopment projects in regional hubs.
In 2027, the pace is expected to slow, with around 12,000 units projected.
Further Reading:
Japan High-Rise Condo Pipeline Report 2025 (Japanese only)
Source:
R.E. Port News (Japanese only)
