Properties
Related Markets
Honolulu, Hawaii
Rent/M2/Month
RENT/SF/Year
Low
High
Effective Avg.
Low
High
Effective Avg.
Vacancy
Investment Yield
Downtown Office
New Construction (AAA) JPY 6,020.00
JPY 8,682.00
JPY 7,351.00
$ 75.83
$ 109.37
$ 83.06
8.5%
4.5%
Class A (Prime) JPY 4,991.00
JPY 7,835.00
JPY 6,413.00
$ 62.87
$ 98.70
$ 72.46
8.7%
4.8%
Class B (Secondary) JPY 4,388.00
JPY 5,357.00
JPY 4,872.00
$ 55.28
$ 67.48
$ 55.05
5.8%
6.0%
Suburban Office
New Construction (AAA) JPY 4,764.00
JPY 5,876.00
JPY 5,320.00
$ 60.01
$ 74.02
$ 60.11
N/A
7.0%
Class A (Prime) JPY 3,025.00
JPY 4,538.00
JPY 3,781.00
$ 38.11
$ 57.16
$ 42.72
10.1%
.0%
Class B (Secondary) JPY 2,118.00
JPY 3,630.00
JPY 2,874.00
$ 26.68
$ 45.73
$ 32.47
18.3%
.0%
Industrial
Bulk Warehouse JPY 1,301.00
JPY 1,876.00
JPY 1,588.00
$ 16.39
$ 23.63
$ 17.94
14.0%
6.0%
Manufacturing
N/A
N/A
N/A
N/A
N/A
N/A
N/A
.0%
High Tech / R&D
N/A
N/A
N/A
N/A
N/A
N/A
N/A
.0%
Retail
Downtown JPY 14,006.00
JPY 16,123.00
JPY 15,065.00
$ 176.43
$ 203.10
$ 170.23
N/A
5.0%
Neigborhood Service Centers JPY 3,539.00
JPY 4,099.00
JPY 3,819.00
$ 44.58
$ 51.63
$ 43.15
N/A
.0%
Community Power Center
N/A
N/A
N/A
N/A
N/A
N/A
N/A
.0%
Regional Malls
N/A
N/A
N/A
N/A
N/A
N/A
N/A
.0%
Development Land
Low/
M2
High/
M2
Low/Acre
High/Acre
Office in CBD
JPY 5,989,500.00
JPY 22,687,500.00
$ 273,883,434.58
$ 1,037,437,252.19
Land in Office Parks
N/A
N/A
N/A
N/A
Land in Industrial Parks
N/A
N/A
N/A
N/A
Office/Industrial Land - Non-park
JPY 3,327,500.00
N/A
$ 152,157,463.66
N/A
Retail/Commercial Land
JPY 8,902,575.00
JPY 976,725.00
$ 407,090,377.76
$ 44,662,959.79
Residential
JPY 6,319,225.00
JPY 13,252,525.00
$ 288,960,855.98
$ 606,001,680.25
Conversion 88.5JPY = 1 US$
Footnote:
Methodolgy has changed compared to previous year." Effective Average" stands for arithmetic average and not weighted average
