Meguro, Tokyo — Residential Cap Rates & Price per Sqm
13 transactions from J-REIT timely disclosures｜Last updated: November 1, 2026 (refreshed weekly)
Transactions
13
Median deal cap rate (all time)
3.50%
Deal cap rate range (last 3 years)
3.10–4.40%
Avg. price (all time)
¥2.42bn
Properties appraised
53
Median appraisal cap rate
3.30%
Appraisal cap rate range
3.0–4.0%
Period ends
2026/02–2026/07
Cap rates at transaction
From acquisition/disposition notices, as of each deal (dates vary by deal)
1 transactions were disclosed in the last 12 months. The all-time median cap rate across 12 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 (13)
| Source | |||||
|---|---|---|---|---|---|
| 2026.03 | Comforia Gakugeidaigaku East | ¥1.53bn | — | 2007 · 19 yrs | REIT-IR ↗ |
| 2025.10 | Regidia Gakugei Daigaku | ¥2.50bn | 3.30% | 2002 · 24 yrs | REIT-IR ↗ |
| 2025.03 | Nichii Home Himonya | ¥1.78bn | 3.50% | 2017 · 9 yrs | REIT-IR ↗ |
| 2025.03 | HF Meguro Hitotsuzaka Residence | ¥5.30bn | 3.10% | 2002 · 24 yrs | REIT-IR ↗ |
| 2025.01 | Castalia Toritsu-Daigaku | ¥0.60bn | 4.40% | 1968 · 58 yrs | REIT-IR ↗ |
| 2024.12 | KDX Residence Gakugei-daigaku | ¥0.84bn | 3.30% | 2003 · 23 yrs | REIT-IR ↗ |
| 2024.08 | Comforia Kami-meguro | ¥2.07bn | 3.50% | 2024 · 2 yrs | REIT-IR ↗ |
| 2024.04 | Proceed Toritsudai | ¥0.92bn | 3.60% | 2006 · 20 yrs | REIT-IR ↗ |
| 2022.03 | Granda Gakugei-daigaku | ¥2.20bn | 3.80% | 2013 · 13 yrs | REIT-IR ↗ |
| 2022.02 | Prime Maison Nakameguro | ¥10.00bn | 3.50% | 2019 · 7 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)
Meguro · Residential: 53 properties · period ends 2026/02–2026/07 · median 3.30% (3.0%–4.0%)
Number of properties per 0.1% cap rate band. The dark bar is the band containing the median.
Click a heading to sort
| Source | ||||
|---|---|---|---|---|
| レジディア目黒IIIAdvance Residence Investment Corporation | 3.0% | ±0 | 2026/07 | Filing ↗ |
| コンフォリア渋谷WESTComforia Residential REIT, Inc. | 3.1% | ±0 | 2026/07 | Filing ↗ |
| レジディア西小山Advance Residence Investment Corporation | 3.1% | ±0 | 2026/07 | Filing ↗ |
| レジディア中目黒Advance Residence Investment Corporation | 3.1% | ±0 | 2026/07 | Filing ↗ |
| レジディア中目黒IIAdvance Residence Investment Corporation | 3.1% | ±0 | 2026/07 | Filing ↗ |
| コンフォリア目黒八雲Comforia Residential REIT, Inc. | 3.2% | ±0 | 2026/07 | Filing ↗ |
| スタイリオ都立大学Tokyu REIT, Inc. | 3.2% | ±0 | 2026/07 | Filing ↗ |
| レジディアタワー中目黒Advance Residence Investment Corporation | 3.2% | ±0 | 2026/07 | Filing ↗ |
| Comforia Gakugeidaigaku EastComforia Residential REIT, Inc. | 3.3% | – | 2026/07 | Filing ↗ |
| コンフォリア代官山青葉台Comforia Residential REIT, Inc. | 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 Meguro · Residential as a list →
FAQ
What is the average Residential cap rate in Meguro, Tokyo?
The median cap rate across 12 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.