Foretseine Akasaka Hinokizaka to go on sale next month
Mori Trust will begin sales of apartments in their latest luxury development - Foretseine Akasaka Hinokizaka - at the end of November, with most apartments priced in the 300 million Yen range.
41 of the 54 apartments will be offered for sale with the remaining 13 going to the original landholder. Apartments range in size from 73.46 ~ 170.46 sqm and will be priced from around 110 ~ 470 million Yen.
The 7-storey building is located in an exclusive and historically high-priced area at the peak of Hinoki-zaka slope near Tokyo Midtown. It is next door to Proud Akasaka Hikawacho (2007; prices around 2,000,000 Yen/sqm) and across the street from Park Mansion Roppongi (2007; prices around 1,900,000 ~ 2,500,000 Yen/sqm).
Previews of the model room will start tomorrow (October 18). Read more
Foretseine Akasaka Hinokizaka
Average price: 3 million Yen/sqm
Size range: 73.46 ~ 170.46 sqm (790 ~ 1834 sqft)
Area: Akasaka, Minato-ku
| ABOUT |
Foretseine Akasaka Hinokizaka is a high-end 7-story condominium apartment building developed by Mori Trust Group. Mori's projects, especially the Foretseine brand, are aimed at the very top end of the luxury market. Some of their large-scale developments include Marunouchi Trust City and Shiroyama Trust Tower. Mori Trust is a subsidiary of Mori Building.
It is located in a prime position just up the hill from Hinokicho Park and Tokyo Midtown. The site was once home to several large homes but has been vacant since 2009. The northern corner of the site borders onto a private estate owned by the Bank of Japan.
It is located next door to Proud Akasaka Hikawacho and across the street from Park Mansion Roppongi.
Sales began in November 2014 and all apartments offered for sale by the developer had sold out by April 2015. When new, apartments were priced from 108 ~ 478 million Yen (approx. 1,470,000 ~ 2,800,000 Yen/sqm).
Construction was completed in January 2016.
The building was built using the base-isolation (menshin) earthquake-resistant method of construction. This is the highest-grade and most expensive option. It reduces the level of shaking in an earthquake and lowers the risk of furniture and valuables from falling over. Due to its cost, it is normally reserved for high-rise buildings.Read more