Setagaya, Tokyo — Residential Cap Rates & Price per Sqm
23 transactions from J-REIT timely disclosures｜Last updated: November 1, 2026 (refreshed weekly)
Transactions
23
Median deal cap rate (last 12 months)
3.50%
Deal cap rate range (last 3 years)
3.20–3.90%
Avg. price (all time)
¥2.72bn
Properties appraised
67
Median appraisal cap rate
3.40%
Appraisal cap rate range
3.0–4.2%
Period ends
2026/02–2026/07
Cap rates at transaction
From acquisition/disposition notices, as of each deal (dates vary by deal)
7 Residential transactions in Setagaya, Tokyo were disclosed in the last 12 months, with a median cap rate of 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 (23)
| Source | |||||
|---|---|---|---|---|---|
| 2026.09 | Regentia Sakurashinmachi | ¥1.60bn | 3.60% | 2005 · 21 yrs | REIT-IR ↗ |
| 2026.09 | Trust Garden Yoga no Mori | ¥7.52bn | — | — | REIT-IR ↗ |
| 2026.09 | Soshigaya Care Park Soyokaze | ¥1.21bn | 3.50% | 2004 · 22 yrs | REIT-IR ↗ |
| 2026.08 | Comforia Kyodo | ¥1.50bn | — | 2021 · 5 yrs | REIT-IR ↗ |
| 2026.05 | Regentia Shoin Jinja Mae | ¥2.84bn | 3.40% | 2018 · 8 yrs | REIT-IR ↗ |
| 2026.03 | Joy Oyama-dai | ¥0.75bn | 3.80% | — | REIT-IR ↗ |
| 2026.02 | Prime Maison Yoga Kinuta Park | ¥7.09bn | 3.20% | 2009 · 17 yrs | REIT-IR ↗ |
| 2025.03 | Cerezo Brote Sakurashinmachi | ¥1.07bn | — | 2023 · 3 yrs | REIT-IR ↗ |
| 2024.12 | KDX Residence Shimouma | ¥0.93bn | 3.30% | — | REIT-IR ↗ |
| 2024.11 | Campus Village Chitose-Karasuyama | ¥4.13bn | 3.90% | 2023 · 3 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)
Setagaya · Residential: 67 properties · period ends 2026/02–2026/07 · median 3.40% (3.0%–4.2%)
Number of properties per 0.1% cap rate band. The dark bar is the band containing the median.
Click a heading to sort
| Source | ||||
|---|---|---|---|---|
| コンフォリア池尻Comforia Residential REIT, Inc. | 3.0% | ±0 | 2026/07 | Filing ↗ |
| コンフォリア駒場Comforia Residential REIT, Inc. | 3.1% | ±0 | 2026/07 | Filing ↗ |
| コンフォリア学芸大学Comforia Residential REIT, Inc. | 3.2% | ±0 | 2026/07 | Filing ↗ |
| レジディア駒沢Advance Residence Investment Corporation | 3.2% | ±0 | 2026/07 | Filing ↗ |
| レジディア三宿Advance Residence Investment Corporation | 3.2% | ±0 | 2026/07 | Filing ↗ |
| コンフォリア下北沢Comforia Residential REIT, Inc. | 3.3% | ±0 | 2026/07 | Filing ↗ |
| コンフォリア駒澤Comforia Residential REIT, Inc. | 3.3% | +10 | 2026/07 | Filing ↗ |
| コンフォリア三宿Comforia Residential REIT, Inc. | 3.3% | ±0 | 2026/07 | Filing ↗ |
| コンフォリア世田谷上馬Comforia Residential REIT, Inc. | 3.3% | ±0 | 2026/07 | Filing ↗ |
| レジディア三軒茶屋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 Setagaya · Residential as a list →
FAQ
What is the average Residential cap rate in Setagaya, Tokyo?
The median cap rate across 7 J-REIT disclosed transactions in the last 12 months 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.