Bunkyo, Tokyo — Residential Cap Rates & Price per Sqm
9 transactions from J-REIT timely disclosures｜Last updated: November 1, 2026 (refreshed weekly)
Transactions
9
Median deal cap rate (all time)
3.50%
Deal cap rate range (last 3 years)
3.30–3.70%
Avg. price (all time)
¥2.67bn
Properties appraised
44
Median appraisal cap rate
3.30%
Appraisal cap rate range
3.0–3.8%
Period ends
2026/01–2026/07
Cap rates at transaction
From acquisition/disposition notices, as of each deal (dates vary by deal)
2 transactions were disclosed in the last 12 months. The all-time median cap rate across 6 deals is 3.50%.
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 (9)
| Source | |||||
|---|---|---|---|---|---|
| 2026.07 | Regentia Bunkyo Yushima II | ¥1.62bn | 3.30% | 2004 · 22 yrs | REIT-IR ↗ |
| 2026.01 | Hospitalment Hongo | ¥2.88bn | 3.70% | 2019 · 7 yrs | REIT-IR ↗ |
| 2024.04 | Residia Bunkyo Hongo IV | ¥2.25bn | 3.60% | 2018 · 8 yrs | REIT-IR ↗ |
| 2024.04 | Comforia Koishikawa | ¥0.92bn | — | 2004 · 22 yrs | REIT-IR ↗ |
| 2024.03 | Prime Maison Yushima | ¥10.00bn | 3.30% | 2022 · 4 yrs | REIT-IR ↗ |
| 2023.10 | Gran Casa Edogawabashi | ¥2.28bn | 3.40% | 2023 · 3 yrs | REIT-IR ↗ |
| 2023.03 | Comforia Hon-komagome 1-chome | ¥1.60bn | — | 2022 · 4 yrs | REIT-IR ↗ |
| 2022.02 | Residia Bunkyo Koishikawa | ¥0.69bn | — | 2018 · 8 yrs | REIT-IR ↗ |
| 2021.04 | Campus Terrace Waseda | ¥1.81bn | 4.10% | 2020 · 6 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)
Bunkyo · Residential: 44 properties · period ends 2026/01–2026/07 · median 3.30% (3.0%–3.8%)
Number of properties per 0.1% cap rate band. The dark bar is the band containing the median.
Click a heading to sort
| Source | ||||
|---|---|---|---|---|
| Residia Bunkyo KoishikawaAdvance Residence Investment Corporation | 3.2% | ±0 | 2026/07 | Filing ↗ |
| レジディア文京湯島IIIAdvance Residence Investment Corporation | 3.2% | ±0 | 2026/07 | Filing ↗ |
| コンフォリア春日富坂Comforia Residential REIT, Inc. | 3.3% | ±0 | 2026/07 | Filing ↗ |
| コンフォリア文京白山Comforia Residential REIT, Inc. | 3.3% | ±0 | 2026/07 | Filing ↗ |
| コンフォリア本駒込Comforia Residential REIT, Inc. | 3.3% | ±0 | 2026/07 | Filing ↗ |
| レジディア御茶ノ水Advance Residence Investment Corporation | 3.3% | ±0 | 2026/07 | Filing ↗ |
| レジディア文京音羽IIAdvance Residence Investment Corporation | 3.3% | ±0 | 2026/07 | Filing ↗ |
| レジディア文京千石Advance Residence Investment Corporation | 3.3% | ±0 | 2026/07 | Filing ↗ |
| レジディア文京湯島Advance Residence Investment Corporation | 3.3% | ±0 | 2026/07 | Filing ↗ |
| レジディア文京本郷Advance Residence Investment Corporation | 3.3% | ±0 | 2026/07 | 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 Bunkyo · Residential as a list →
FAQ
What is the average Residential cap rate in Bunkyo, Tokyo?
The median cap rate across 6 J-REIT disclosed transactions (all time) is 3.50% (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.