Used Condominium Brand Price per Tsubo Ranking [As of October 2026] Differences Among 22 Major Tokyo Metropolitan Area Brands and Points for Unit Owners Before Selling

Where Do Brand Differences Come From?

Looking at the table, the price per tsubo differences mainly overlap three factors.

1. Percentage in Tokyo (Location)

The brands with high prices per tsubo have a high proportion of buildings in Tokyo. Park Court has 89.7%, Pierce 95.8%, Cleveria 77.4% of their properties in Tokyo. Conversely, Park City (28.6%), Park Homes (41.2%), City Terrace (42.9%), and Premist (44.3%) have many properties in Kanagawa, Saitama, and Chiba, resulting in lower price per tsubo. Comparing brands is effectively comparing where they predominantly build.

2. Building Age

Brands with median construction years from the late 1990s to early 2000s (Arus 1995, Famille 1998, Crescent 1999, Park Homes 2001) have price per tsubo remaining in the 2 million yen range. Generally, even within the same brand, older buildings tend to have lower listing prices.

3. Whether It’s a Tower and Station Distance

Tower-type brands like Brillia Tower, Park Tower, City Tower, and Proud Tower have a short average walking distance to the station of around 4.1 to 5.0 minutes and price per tsubo concentrated above 5 million yen. Large suburban properties like Park City and Proud City have longer average station walks of 8.9 and 9.2 minutes.

Price per Tsubo Differs Nearly 4 Times Even Within the Same Developer

Comparing the four Mitsui Fudosan brands shows Park Court at 9.111 million yen/tsubo, Park Tower at 6.245 million yen/tsubo, Park City at 2.831 million yen/tsubo, and Park Homes at 2.349 million yen/tsubo, with about 3.9 times difference between the highest and lowest. Similarly, Sumitomo Realty & Development shows City Tower at 5.534 million yen/tsubo versus City Terrace at 2.876 million yen/tsubo; Nomura Real Estate's Proud Tower at 5.061 million yen/tsubo versus Proud at 3.208 million yen/tsubo, demonstrating significant variation by series.

In other words, it is inaccurate to say "it’s expensive because it’s a large developer’s property." When considering sale price, the brand series and within that series, the location and building age position, are more important than developer name alone. Even within the same Park Homes brand, there can be nearly a two-fold price difference (interquartile range 1.65 to 3.32 million yen/tsubo) between newly built properties in central Tokyo and older properties in suburban areas.

What Changed from 2025 to 2026?

Comparing each brand’s annual median price per tsubo for 2025 and 2026 (up to early October), 20 of 22 brands rose. Brands with large increases include City House (+28.8%), Branz (+27.1%), Brillia (+26.2%), The Parkhouse (+23.1%), and Park Homes (+21.5%), while Famille (−22.2%) and Park Tower (−8.3%) declined.

However, these figures do not reflect what percentage the same room’s price has increased. Since the composition of buildings offered for sale changes annually, years with more central Tokyo or newer buildings being listed will raise the median, and years with more suburban or older properties will lower it. Large changes such as Park City’s +71.0% (3.62 million → 6.19 million yen/tsubo) likely reflect significant differences in the location and age composition of properties offered compared to the previous year, so interpreting this as overall brand price movement is not appropriate.

Moreover, Urbalytics’ area-specific report shows the median price per square meter of unit condominiums in Tokyo’s 23 wards (weighted by volume by TLL) rose from 1.238 million yen/㎡ in September 2025 to 1.437 million yen/㎡ in September 2026, which may be one factor behind many brands’ annual median price increases. Future price trends are affected by interest rates and supply, and cannot be predicted from this data.

What Unit Owners Should Check Before Selling

Brand price per tsubo is a useful reference for estimating your room’s price, but setting the listing price solely on this is risky. Before selling, check the following points.

1. Listings and transactions within the same condominium: The closest comparison is other units in the same building. Adjust for differences in floor level, direction, and size. Be careful that competing listings within the same building may lead to price competition.
2. Position within the brand: Determine where your property falls within the brand’s price quartiles by location (ward and station) and building age. Central, newer properties tend to be at the higher end; suburban, older ones at the lower end.
3. Area price levels: Compare the price per square meter of all unit condominiums in the same ward or station area to understand how much premium the brand adds. Area levels can be viewed in Urbalytics Area Reports.
4. Management and repair conditions: Buyers care about building management, repair reserve balance, and upcoming major repairs more than brand. Review the Important Matters Investigation Report in advance.
5. Net proceeds estimate: Judge based on net proceeds after subtracting broker fees and capital gains tax from the sale price. Fee considerations are explained in Real Estate Sales Brokerage Fees, and taxes in Long-term vs. Short-term Capital Gains Tax.

If you want to know your unit’s potential sale price considering brand, location, and building age, please use TLL’s free appraisal.

Frequently Asked Questions

Q. Do branded condominiums sell for higher prices than non-branded ones?

The high price per tsubo seen in branded properties is largely due to a concentration of central, near-station, newer buildings. Price increase cannot be attributed to brand alone. It is more realistic to compare management condition and specifications relative to similar location and age properties.

Q. How do you convert between price per tsubo and price per square meter?

One tsubo is approximately 3.31 square meters, so multiply price per square meter by 3.31 to approximate price per tsubo. Urbalytics reports brand prices per tsubo and area reports for unit condominiums per square meter.

Q. If a brand’s annual price per tsubo rose over 20%, did my unit’s price rise 20% too?

Not necessarily. Annual median prices are influenced by which buildings were listed that year. To check your unit’s price change, compare listings and transactions for the same or similar units.

Q. Is the data based on listing prices or transaction prices?

The data is based on listing prices (including those currently listed and contracted at listing). Actual transaction prices may be lower due to negotiation.

Summary

• The median price per tsubo among 22 major brands in the Tokyo metropolitan area ranges approximately 4.3 times from Park Court at 9.111 million yen/tsubo to Arus at 2.142 million yen/tsubo (as of October 2, 2026).
• Most of this difference overlaps with percentage in Tokyo, building age, tower designation, and station walking distance, and within Mitsui Fudosan alone, series vary by about 3.9 times.
• Annual median prices rose for 20 of 22 brands from 2025 to 2026, yet this includes changes in listed buildings and cannot be read as pure price increases.
• Before selling, checking listings within the same building, your position within the brand, area price levels, management condition, and net proceeds sequentially makes judgment easier.

Featured image (illustrative): Photo: Levi Meir Clancy / Unsplash