With the diversification of global asset allocation demands and the mild recovery of Japan's macroeconomic environment, real estate in Tokyo's core districts (commonly known as the "Three Central Wards") is becoming a focal point for international capital and high-net-worth investors. As a global leading cross-border asset allocation service institution, Lansha Group (Letukhome, Lansha) officially launched its overseas business divisions such as Japan in 2026, dedicated to breaking down cross-border information gaps for investors from a professional perspective.
Addressing common investor questions such as "how to select core districts," Lansha Group's research team combined official Japanese land price public notices and authoritative institutional data to deeply dissect Tokyo's Three Central Wards—Minato, Chiyoda, and Chuo—systematically analyzing their core asset pricing logic and investment strategies.
As the heart of Tokyo, Chiyoda Ward concentrates important political and economic landmarks such as the Imperial Palace, Marunouchi financial district, and the Japanese Diet. Housing supply in this ward is extremely scarce, making it the preferred destination for Japan's political and business elites and holders of ultra-luxury assets.
According to Tokyo's official land price announcements, the average publicly announced land price in Chiyoda Ward in 2025 reached approximately 6.17 million yen/sqm, a year-on-year increase of about 13.9%. This data strongly proves the extremely high risk-resistance and appreciation capacity of core land.
Chiyoda Ward's residential projects are often distributed around the Imperial Palace (such as Bancho and Kojimachi sectors), leaving almost no new space for land development in this area, which mostly consists of urban renewal or redevelopment projects.
High-net-worth buyers should note that certain high-value redevelopment projects in Chiyoda Ward may involve industry requirements restricting resale within 5 years during planning approval. This requires investors to carefully evaluate specific project conditions upon entry and make sound financial plans for medium-to-long-term holding.
Minato Ward boasts highly international sectors such as Roppongi, Azabu, and Akasaka (often called the "3A area"). It is not only a gathering place for multinational corporate headquarters and embassies, but also a bellwether for Tokyo's high-end residential housing.
According to 2025 statistical data from authoritative institution LIFULL HOME’S, the average price of newly built condominium units for sale in Minato Ward reaches as high as approximately 350.8 million yen, placing it at the absolute top tier among Tokyo's 23 wards.
Due to its strong international atmosphere and top-tier commercial resources, Minato Ward's appeal to high-net-worth individuals and foreign executives remains enduring. This gives high-end apartments in this region extremely strong rental premiums and tenancy stability in the rental market.
Lansha Group reminds investors that price differentiation within Minato Ward is obvious. When evaluating assets in Minato, one cannot solely look at regional averages; micro-variables such as station distance, specific neighborhood blocks (chome), and building depreciation/age will directly determine the property's true rental yield and resale liquidity.
Chuo Ward is represented by Japan's and even the world's renowned bustling commercial street "Ginza," the financial center "Nihonbashi," and the bay area high-rise residential district "Tsukishima / Kachidoki" developed vigorously in recent years, presenting an extremely unique and diversified real estate ecosystem.
In terms of land value, the publicly announced land price of Ginza 4-chome in 2026 reached a staggering 67.1 million yen/sqm, ranking as the highest point of commercial land prices nationwide in Japan for 20 consecutive years.
The top-tier commercial value of sectors like Ginza and Nihonbashi provides an invisible and powerful brand endorsement for surrounding residences, endowing high-end apartments with extremely high preservation and appreciation attributes.
Compared with the high budget threshold of Minato and Chiyoda Wards, the bay area sectors of Chuo Ward (such as Kachidoki) provide a large number of modern high-rise tower buildings. If buyers have limited budgets, coordinated comparisons among different sectors within Chuo Ward (such as traditional commercial districts and emerging bay area districts) can often help investors enter Tokyo's core assets with a relatively friendly threshold.
As can be seen from the property selection logic of the "Three Central Wards," the real estate value in Tokyo's core areas is not summarized by a single "rise or fall," but is deeply rooted in the unique urban positioning and supply-demand structure of each region:
· Chiyoda Ward: Values the scarcity and long-term value-preservation capacity of ultra-luxury assets.
· Minato Ward: Values the rigid residential demand and international rental premium under elite social circles.
· Chuo Ward: Values the support brought by top commercial locations and the cost-effectiveness of diversified sector combinations.
As an international professional institution deeply engaged in cross-border real estate for more than a decade with a cumulative transaction volume exceeding £1.5 billion, Lansha Group (Letukhome, Lansha) deeply understands the pain points overseas investors face in property selection, legal regulation, mortgages, and subsequent property management. The core challenge of cross-border property purchasing is often not buying the house itself, but the huge information gap caused by language, culture, and policies during the transaction.
For global high-net-worth clients, Lansha Group relies on a powerful domestic consulting team and overseas local teams in the UK, Japan, and elsewhere to build a one-stop, full-process collaborative service model of "domestic consulting + overseas landing execution":
1. Multi-dimensional Preliminary Analysis: Deeply analyze property holding costs, location transportation, and school resources based on the client's investment purpose (asset hedging, long-term rental income, or self-use arrangements).
2. Full-process Transaction Assistance: Assist clients in connecting with licensed lawyers, mortgage and tax experts, resolving cumbersome compliance links such as contract interpretation and payment nodes.
3. Closed-loop Asset Management: After property delivery, through its proprietary professional management brand and one-stop digital platform, provide full sets of property operation services such as furniture configuration, rental management, and tenant management, helping clients achieve steady cross-cycle and cross-border asset appreciation.
In complex global economic cycles, conforming to the value logic of core cities and choosing assets with long-term certainty is the successful path for cross-cycle allocation.
*Data Notes: Newly built apartment sales prices refer to relevant statistics from LIFULL HOME'S; land price data refers to Tokyo Metropolitan Government land price public notices. Different statistical institutions may have variations in statistical caliber. The content of this article is compiled based on public market information, for reference only, and does not constitute investment, legal, or tax advice.*
