Office rent in Tokyo's Shibuya district 2015-2024

Published by Statista Research Department, Jan 14, 2025

Average rent for office space in Tokyo's Shibuya district rose to approximately 24 thousand Japanese yen per tsubo in December 2024. Shibuya recorded the highest average rents for offices among the major business districts in Japan's capital of Tokyo.

Office rent in Tokyo's Shibuya district from 2015 to 2024 (in 1,000 Japanese yen per tsubo)

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Release date

January 2025

Region

Japan

Survey time period

2015 to 2024

Special properties

as of December each year

Supplementary notes

Office buildings for rent with a standard floor area of 100 tsubo or more.

Excluding common area maintenance (CAM) charges and consumption tax.

Average rents are based on the terms of new offers for standard floors.

Tsubo is an area unit in the Japanese system of weights and measures (1 tsubo equals around 3.31 square meters).

Release date is the date of data access.

100 Japanese yen equal 0.64 U.S. dollars or 0.62 euros as of January 2025.

Values have been rounded.

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