Sendai, Miyagi — Residential Cap Rates & Price per Sqm
18 transactions from J-REIT timely disclosures｜Last updated: September 21, 2026 (refreshed weekly)
Transactions
18
Median CR (last 12 months)
3.80%
CR range (last 3 years)
3.8–4.9%
Avg. price (all time)
13.0×¥100M
3 Residential transactions in Sendai, Miyagi were disclosed in the last 12 months, with a median cap rate of 3.80%. That is 80bps lower than a year earlier.
Cap rate trend (monthly median)
Calculated from disclosed cap rates (appraisal NOI yield). See the table below for individual sources.
Breakdown by ward
| Ward | Transactions | Cap rate |
|---|---|---|
| 仙台市青葉区 | 9 | 4.60% |
| 仙台市泉区 | 3 | 5.00% |
| 仙台市若林区 | 2 | 4.40% |
| 仙台市宮城野区 | 1 | 4.00% |
All transactions (18)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2025/12 | ELSTANZA Hirose-dori RESIDENCE | 青葉区 | 15.9×¥100M | 3.80% | 6 | REIT-IR ↗ |
| 2025/12 | Season Flats Ichibancho | 青葉区 | 9.7×¥100M | 3.80% | 2 | REIT-IR ↗ |
| 2025/12 | Grand Casa Sendai Gogashi | 若林区 | 27.5×¥100M | 4.40% | 18 | REIT-IR ↗ |
| 2025/08 | Forest Hill Sendai Aoba | 青葉区 | 29.3×¥100M | 4.60% | 18 | REIT-IR ↗ |
| 2025/07 | レジディア広瀬通 | 青葉区 | 7.8×¥100M | — | — | REIT-IR ↗ |
| 2025/07 | K C21 ビル | 若林区 | 13.5×¥100M | — | — | REIT-IR ↗ |
| 2025/03 | Gran Casa Sendai Bansui-dori | 青葉区 | 12.5×¥100M | 3.90% | — | REIT-IR ↗ |
| 2025/03 | Prime Urban Yaotome Chuo | 泉区 | 5.1×¥100M | 4.90% | 17 | REIT-IR ↗ |
| 2024/12 | willDo Uesugi 3-chome | — | 7.3×¥100M | 4.60% | — | REIT-IR ↗ |
| 2024/12 | West Park Hasekura | — | 22.0×¥100M | 4.30% | — | REIT-IR ↗ |
| 2024/12 | willDo Takasago | — | 4.7×¥100M | 4.30% | — | REIT-IR ↗ |
| 2024/12 | KDX レジデンス一番町 | 青葉区 | 7.6×¥100M | 4.60% | — | REIT-IR ↗ |
| 2024/09 | TLR Residence Sendai Higashi | 宮城野区 | 13.5×¥100M | 4.00% | 23 | REIT-IR ↗ |
Show transactions older than 5 years (5)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2021/08 | S-FORT Izumi Chuo | 泉区 | 5.5×¥100M | 5.30% | 14 | REIT-IR ↗ |
| 2020/11 | S-FORT 片平 | 青葉区 | 26.8×¥100M | 5.10% | 14 | REIT-IR ↗ |
| 2020/11 | S-FORT 宮町 | 青葉区 | 11.6×¥100M | 4.80% | 19 | REIT-IR ↗ |
| 2020/04 | グランマスト広瀬通 | 青葉区 | 8.7×¥100M | 4.60% | — | REIT-IR ↗ |
| 2020/02 | KDXレジデンス泉中央 | 泉区 | 5.4×¥100M | 5.00% | 13 | REIT-IR ↗ |
FAQ
What is the average Residential cap rate in Sendai, Miyagi?
The median cap rate across 3 J-REIT disclosed transactions in the last 12 months is 3.80% (as of September 21, 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.