The Parkhouse Gran Azabu Sendaizaka

The Parkhouse Azabu Sendaizaka 2

Price when new: 240 ~ 320 million Yen (2,150,000 Yen/sqm)
Size range: 120.75 ~ 133.99 sqm (1,299 ~ 1,442 sqft)

Area: Minamiazabu, Minato-ku

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Sales began in September 2016 and all apartments had sold out by June 2017.

The Parkhouse Gran Azabu Sendaizaka is the latest in Mitsubishi Jisho’s ‘The Parkhouse Gran’ series of high-end condominiums. The ‘Gran’ projects are the most luxurious offerings by the developer, with apartments typically priced over the 2,000,000 Yen/sqm range, and selling out prior to completion.

The site was formerly home to the Pinecrest Katakura expat apartment building. Open House Development had previously acquired the site, but sold 90% to Mitsubishi Jisho in late 2014. Mitsubishi Jisho Group is the top supplier of apartments in the Azabu area in Minato-ku, including Azabu Juban, Azabudai, Azabu Nagasakacho, Azabu Mamianacho, Nishiazabu, Higashiazabu and Motoazabu, but this is their first ‘Gran’ series in the neighbourhood.

It is an elevated site that is near Sendaizaka Slope, and a 9  minute walk from Azabu Juban Station. This particular part of the neighbourhood contains a number of very large and expensive private detached homes which can easily cost upwards of 1 billion Yen each.

The building contains just 11 apartments, of which only 9 were made available for sale.
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Atlas Minamiazabu

MINAMIAZABU, MINATO-KU, TOKYO
BUILT IN 2016   |   24 UNITS   |   9 FLOORS

SIZE RANGE: 53.35 ~ 74.46 m² (574 ~ 801 ft²)
AVERAGE PRICE: ¥2,000,000+/m²

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Handover of new apartments in Wellith Arisugawa begins today

Wellith Arisugawa

Buyers begin moving into the recently completed Wellith Arisugawa condominium in Minamiazabu today. The luxury low-rise apartment building is located just a few minutes from Hiroo Station and Arisugawa Park and is the only condominium to be built in the exclusive Minamiazabu 5 Chome address in the last eight years.

Sales began in October 2012 and 52 of the 57 apartments have already sold. Prices ranged from 84.8 to 599 million Yen (834,000 ~ 5.9 million USD), with an average price of approximately 1,630,000 Yen/sqm (16,000 USD/sqm).Read more


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The Mark Minami Azabu sold to Grosvenor

Grosvenor Asia Pacific Limited have purchased expatriate apartment "The Mark Minami Azabu" for an undisclosed sum in January 2012.

The Mark was built on the site of the former training institute of Tokio Marine & Nichido Fire Insurance. The building was completed in August 2008, just prior to the collapse of Lehman Brothers which sent shockwaves throughout the economy and had a serious affect on the market for expat tenants.Read more