Ichikawa, Chiba — Residential Cap Rates & Price per Sqm
10 transactions from J-REIT timely disclosures｜Last updated: November 1, 2026 (refreshed weekly)
Transactions
10
Median deal cap rate (all time)
3.95%
Deal cap rate range (last 3 years)
3.70–3.90%
Avg. price (all time)
¥1.19bn
Properties appraised
23
Median appraisal cap rate
4.00%
Appraisal cap rate range
3.7–4.6%
Period ends
2025/10–2026/07
Cap rates at transaction
From acquisition/disposition notices, as of each deal (dates vary by deal)
0 transactions were disclosed in the last 12 months. The all-time median cap rate across 10 deals is 3.95%.
Transaction cap rate trend (each deal + quarterly median)
Last 5 years. Grey dots are individual deals; the red line is the quarterly median. The segment into the quarter in progress (deals so far) is dashed. Use the number of dots to spot quarters with few deals. Calculated from cap rates disclosed in acquisition/disposition notices (appraisal NOI yield at the time of each deal). These differ from periodic appraisals (current valuations), shown separately below. See the table below for individual sources.
All transactions (10)
| Source | |||||
|---|---|---|---|---|---|
| 2024.11 | HF Ichikawa Residence | ¥0.67bn | 3.80% | 2003 · 23 yrs | REIT-IR ↗ |
| 2024.09 | Esty Maison Myoden | ¥1.45bn | 3.90% | — | REIT-IR ↗ |
| 2024.08 | N-stage Gyotoku II | ¥2.57bn | 3.80% | 2017 · 9 yrs | REIT-IR ↗ |
| 2024.08 | N-stage Ichikawa Kōnodai | ¥1.91bn | 3.90% | 2018 · 8 yrs | REIT-IR ↗ |
| 2024.05 | Esty Maison Minami-Gyotoku | ¥0.95bn | 3.70% | 2008 · 18 yrs | REIT-IR ↗ |
| 2021.08 | S-FORT Gyotoku | ¥0.92bn | 4.00% | 2021 · 5 yrs | REIT-IR ↗ |
| 2021.07 | Proceed Motoyawata | ¥0.34bn | 4.60% | 2004 · 22 yrs | REIT-IR ↗ |
| 2020.12 | Comforia Ichikawa Myoden | ¥0.81bn | 4.40% | 2007 · 19 yrs | REIT-IR ↗ |
| 2020.09 | KDX Residence Ichikawa | ¥0.84bn | 4.10% | 2010 · 16 yrs | REIT-IR ↗ |
| 2020.03 | Urban Park Gyotoku | ¥1.43bn | 4.20% | 1995 · 31 yrs | REIT-IR ↗ |
Periodic appraisals (current valuations)
Each property’s latest period-end appraisal. Aligned in time, so current levels can be compared
Periodic appraisals (period-end valuations)
Ichikawa · Residential: 23 properties · period ends 2025/10–2026/07 · median 4.00% (3.7%–4.6%)
Number of properties per 0.1% cap rate band. The dark bar is the band containing the median.
Click a heading to sort
| Source | ||||
|---|---|---|---|---|
| S-FORT行徳Samty Residential Investment Corporation | 3.7% | ±0 | 2026/07 | Filing ↗ |
| S-FORT本八幡MairieSamty Residential Investment Corporation | 3.7% | ±0 | 2026/07 | Filing ↗ |
| コンフォリア行徳Comforia Residential REIT, Inc. | 3.7% | +10 | 2026/07 | Filing ↗ |
| S-RESIDENCE本八幡Samty Residential Investment Corporation | 3.9% | ±0 | 2026/07 | Filing ↗ |
| Urban Park GyotokuStar Asia Real Estate Investment Corporation | 3.9% | ±0 | 2026/07 | Filing ↗ |
| S-FORT市川Samty Residential Investment Corporation | 4.0% | ±0 | 2026/07 | Filing ↗ |
| レジディア行徳Advance Residence Investment Corporation | 4.1% | ±0 | 2026/07 | Filing ↗ |
| レジディア南行徳Advance Residence Investment Corporation | 4.1% | ±0 | 2026/07 | Filing ↗ |
| KDX Residence IchikawaKDX Realty Investment Corporation | 3.7% | ±0 | 2026/04 | Filing ↗ |
| Esty Maison Minami-GyotokuSekisui House Reit, Inc. | 3.7% | ±0 | 2026/04 | Filing ↗ |
Direct capitalization rates from each property’s latest period-end appraisal, for properties of the same use in the same city/ward (period ends within the last year; from J-REIT annual securities reports and results materials). These differ from acquisition cap rates (chart and deal list above) and compare current valuations regardless of deal timing. Values for the same property can differ by appraiser or ownership share. Reference information only, not a recommendation.
See appraisals in Ichikawa · Residential as a list →
FAQ
What is the average Residential cap rate in Ichikawa, Chiba?
The median cap rate across 10 J-REIT disclosed transactions (all time) is 3.95% (as of November 1, 2026, appraisal NOI yield basis).
What is the data source?
Timely-disclosure PDFs published on each J-REIT official IR page. Every record links to its source.