Minato General

Minato-ku is the right unit of analysis when you are choosing a Tokyo ward, and the wrong unit once you are choosing a building. The ward stretches from the embassy belt in Azabu to the bayfront towers in Shibaura and Konan, and the sold-price distribution is bimodal: luxury stock around Roppongi / Azabu / Akasaka, and more ordinary family and commuter stock toward Shiba, Shimbashi, and the waterfront. A single “Minato median” hides that split.

Foreign buyers concentrate here because the tenant and resale pools speak English, several international schools sit inside or on the edge of the ward, and the major employers (finance, consulting, embassies, tech HQs in nearby Shibuya/Chiyoda) generate corporate housing demand. That liquidity is the investment case. The yield case is weaker — ward-wide condo yields typically sit in the low-3% range once you deduct management and tsumitate.

Redevelopment is uneven. Toranomon Hills and the Shiodome / Takeshiba waterfront added a lot of new supply in the 2010s–2020s; Azabu and the inner embassy streets did not. New supply is the main reason older towers one station off the prestige core can stall on resale. Read the building-age scatter on this page against the district name, not against the ward headline.

This page is the ward hub. For a street-level read, pair it with the Roppongi / Azabu, Shibuya, and Ginza datasets — those pages isolate different sub-markets that share a municipality code or sit next door. Do not underwrite a Shibaura 2LDK off an Azabu 1LDK print.