September 2025 Japan residential income property prices rise with yields softening

On October 2nd, Kenbiya, which operates the self-titled real estate investment and income property information site Kenbiya, released monthly average data on three categories of residential income properties nationwide - strata-title condos, wood-frame multi-family, and RC multifamily buildings.

The data, covering nationwide average gross yields and property prices, is aggregated to provide an overview of the latest market trends according to data derived from advertised listings on the Kenbiya portal site.

The data presented below are averages presented for informational purposes and in no way guarantee pricing or yields.  Real estate is a hyper-local venture so always consult a licensed realtor for your property specific needs.

Kenbiya’s September 2025 figures are as follows:

Graph provided by Kenbiya, edited by Patience Realty.

Strata-Title Condos

• Gross yield: 6.69% (down 0.07 points from the previous month)

• Average price: ¥24.9 million (up 1.34% from the previous month)

Wood-Frame Multi-Family Buildings

• Gross yield: 8.04% (down 0.17 points from the previous month)

• Average price: ¥86.91 million (up 3.50% from the previous month)

RC Multifamily Whole Buildings

• Gross yield: 7.51% (down 0.05 points from the previous month)

• Average price: ¥192.68 million (up 1.50% from the previous month)

Further Reading:

Kenbiya September 2025 Japan Nationwide Residential Income Earning Property Report (Japanese only; provides more granular data then that outlined above)