Roppongi / Azabu
六本木・麻布
TokyoInvestment Index
Significant Decline
Roppongi condos traded at ¥1.82M/㎡ median — up 105% in 3 years. Luxury pricing, but is the growth rate sustainable?
What buyers actually paid vs listing site prices
Listing sites
~¥1,792,000/m²
Actual price
¥1,600,000/m²
-11%
* Listing price estimated based on typical asking-to-transaction gaps.
Market Trends
Prices have risen 107% over the displayed period. Check whether current momentum is sustainable.
Median price per m² and transaction volume from MLIT government data. Tap data points for details.
Price vs Building Age
A 40-year-old building trades at roughly half the price of a new one. Building age is one of the biggest price drivers in this area.
Investment Guide by Building Age
Recommendations for foreign investors based on seismic standards, depreciation, and financing.
| Age | Median/m² | Count | Seismic | Tax Life | Verdict |
|---|---|---|---|---|---|
| 0–10 yrs | ¥4,141,935 | 2 | ✓ Modern | 37–47 yrs remaining | ● Recommended |
| 11–20 yrs | ¥500,000 | 1 | ✓ Modern | 27–36 yrs remaining | ● Recommended |
| 21–30 yrs | ¥1,540,000 | 6 | △ Post-1981 | 17–26 yrs remaining | ◐ Caution |
| 31–40 yrs | ¥4,133,333 | 1 | △ Post-1981 | 7–16 yrs remaining | ○ High Risk |
| 40+ yrs | ¥1,540,000 | 1 | ✗ Pre-1981 | 0–6 yrs remaining | ○ High Risk |
● Recommended = Post-2000 seismic standard, financeable, strong resale · ◐ Caution = Post-1981, verify repair history · ○ High Risk = Pre-1981, limited financing, higher insurance
Market Evidence
Recent transaction samples from MLIT
All transactions from MLIT Q3 2025 release
These are actual sale prices recorded by the government — typically 5-15% below listing site prices.
| Date | Price | Area | Price/㎡ | Built | Station |
|---|---|---|---|---|---|
| Q3 2025 | ¥84,000,000 $530,873 | 30.0 m² | ¥2,800,000 $17,696 | 2020 6 years | Hiroo |
| Q3 2025 | ¥35,000,000 $221,197 | 25.0 m² | ¥1,400,000 $8,848 | 2003 23 years | Hiroo |
| Q3 2025 | ¥620,000,000 $3,918,347 | 150.0 m² | ¥4,133,333 $26,122 | 1993 33 years | Hiroo |
| Q3 2025 | ¥37,000,000 $233,837 | 25.0 m² | ¥1,480,000 $9,353 | 2002 24 years | Hiroo |
| Q3 2025 | ¥24,000,000 $151,678 | 20.0 m² | ¥1,200,000 $7,584 | 2005 21 years | Hiroo |
| Q3 2025 | ¥740,000,000 $4,676,736 | 180.0 m² | ¥4,111,111 $25,982 | 2004 22 years | Hiroo |
| Q3 2025 | ¥850,000,000 $5,371,927 | 155.0 m² | ¥5,483,871 $34,658 | 2020 6 years | Hiroo |
| Q3 2025 | ¥50,000,000 $315,996 | 100.0 m² | ¥500,000 $3,160 | 2011 15 years | Roppongi |
| Q3 2025 | ¥77,000,000 $486,633 | 50.0 m² | ¥1,540,000 $9,733 | 1979 47 years | Roppongi |
| Q3 2025 | ¥45,000,000 $284,396 | 20.0 m² | ¥2,250,000 $14,220 | 2005 21 years | Roppongi |
* Data sourced from MLIT (Ministry of Land, Infrastructure, Transport and Tourism) public records. Sample transactions may not represent all market activity.
Who Invests in Roppongi / Azabu
Typical Investor
High-net-worth international investors, embassy-related buyers, luxury asset allocators
Investment Thesis
Capital preservation in Tokyo's most international district. Low vacancy, premium rents, strong resale liquidity.
Key Risk
Entry prices are among Tokyo's highest. Yield compression — expect 2-3% gross.