[Foreclosed] Apartment in Park Mansion Roppongi
*Update: The property was withdrawn from the auction. This can occur when the creditor/s are either paid the outstanding debt or reach an agreement with the borrower. It was later listed for sale for 248,000,000 Yen.
A 3-bedroom apartment in the luxury Park Mansion Roppongi building is up for public auction this month.
Bidding on the 114 sqm (1227 sqft) apartment starts from 81,600,000 Yen (715,800 Yen/sqm). Apartments in this building are normally priced around 1.9 ~ 2.5 million Yen per square meter, with those overlooking Hinokicho Park going for as much as 3 million Yen/sqm. Read more
Corner unit for sale in Park Mansion Roppongi
Price: 380,000,000 Yen No longer on the market
Size: 155.43 sqm (1672 sqft)
A 3-bedroom corner apartment on the 3rd floor of Park Mansion Roppongi has been recently listed for sale.
At 2,445,000 Yen/sqm, this apartment is more expensive than those in the nearby Roppongi Hills Residence. Current market prices in this building range from 1,800,000 ~ 2,500,000 Yen/sqm. When sales first began in 2007, apartments were listed at 3,800,000 Yen/sqm. The 8th floor penthouse was priced at 4,930,000 Yen/sqm, making it the most expensive apartment on a sqm basis in Japan at that time.Read more
Park Mansion Roppongi
Average price: 3,000,000 ~ 5,000,000 Yen/sqm+
Size range: 84.50 ~ 213.05 sqm (909 ~ 2292 sqft)
Location: Roppongi, Minato-ku
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Park Mansion Roppongi is in a prime position overlooking Hinokicho Park and Tokyo Midtown. There are very few condominiums around this park, which puts prices at a premium.
When sales first began in 2007, apartments were priced from 240 million ~ 1.05 billion Yen, with an average price of 3.8 million Yen/sqm. At a price of 4.9 million Yen/sqm, the 1.05 billion Yen apartment was the most expensive apartment on a per sqm basis listed in Tokyo in 2009.
The only other condominiums around Hinokicho park are Proud Akasaka Hikawacho, High-Lese Roppongi Mikawadai, Park Court Akasaka Hinokicho Tower (2018) and the recently completed Park Mansion Hinokicho-koen. The apartments in Tokyo Midtown such as The Park Residences at the Ritz-Carlton and Tokyo Midtown Residences are available for rent only.