Brillia Towers Meguro 1
Brillia Towers Meguro (completion in late 2017) is now 91% sold.

According to the Real Estate Economic Institute, the average price of a brand new apartment released for sale in greater Tokyo was 59,530,000 Yen (478,000 USD) in July, up 2.4% from the previous month and up 7.6% from last year. This is the highest sale price seen since May 1992, when prices were 59,710,000 Yen.

The average price per square meter in July was 850,000 Yen (635 USD/sq ft), up 2.5% from the previous month and up 10.2% from last year. This is the highest price seen since November 1992 (877,000 Yen/sqm).

An increase in the supply of luxury apartments as well as high construction costs is said to be behind the rise in the average sale price.

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