In 2023, the condominium supply in Japan was estimated at 101 thousand units, up from 94 thousand units in the previous year. The estimated stock of condominiums increased to over seven million units in the same year.
Estimated supply of new condominiums in Japan from 2014 to 2023
(in 1,000 units)
figures are estimates based on housing construction starts
Supplementary notes
The source defines condominiums as medium and high-rise (three stories or more) apartment buildings for sale with reinforced concrete, steel frame reinforced concrete, or steel frame structures.
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MLIT (Japan). (August 30, 2024). Estimated supply of new condominiums in Japan from 2014 to 2023 (in 1,000 units) [Graph]. In Statista. Retrieved October 12, 2024, from https://www.statista.com/statistics/1367466/japan-new-condominium-supply/
MLIT (Japan). "Estimated supply of new condominiums in Japan from 2014 to 2023 (in 1,000 units)." Chart. August 30, 2024. Statista. Accessed October 12, 2024. https://www.statista.com/statistics/1367466/japan-new-condominium-supply/
MLIT (Japan). (2024). Estimated supply of new condominiums in Japan from 2014 to 2023 (in 1,000 units). Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/statistics/1367466/japan-new-condominium-supply/
MLIT (Japan). "Estimated Supply of New Condominiums in Japan from 2014 to 2023 (in 1,000 Units)." Statista, Statista Inc., 30 Aug 2024, https://www.statista.com/statistics/1367466/japan-new-condominium-supply/
MLIT (Japan), Estimated supply of new condominiums in Japan from 2014 to 2023 (in 1,000 units) Statista, https://www.statista.com/statistics/1367466/japan-new-condominium-supply/ (last visited October 12, 2024)
Estimated supply of new condominiums in Japan from 2014 to 2023 (in 1,000 units) [Graph], MLIT (Japan), August 30, 2024. [Online]. Available: https://www.statista.com/statistics/1367466/japan-new-condominium-supply/