Average price: 2,000,000 ~ 3,500,000 Yen/sqm
Size range: 30.75 ~ 363.81 sqm (331 ~ 3915 sqft)
Location: 6-12-1~3 Roppongi, Minato-ku, Tokyo
Roppongi Hills Residence is arguably the number 1 address in Japan. It is known both locally and internationally as the place to live and work in Tokyo.
This building never underwent any sales activity by the developer, Mori Building, when it was completed in 2003. In exchange for their land, Mori Building gave the original landholders some apartments in the new buildings (Residences A, B and D). This amounted to a little over 300 of the 793 apartments which were given to landholders. The remainder were kept by Mori and are available for rent. The landholder units are occasionally put up for resale by their owners.
In 2010, the average apartment asking price was 2,000,000 Yen/sqm.
Monthly building management and repair fund fees are approximately 823 Yen/sqm (based on apartment’s internal floor area).
The total cost of the project was 270 billion Yen, or 470 billion Yen when you include the value of the land.
The complex is made up of four residential buildings (A, B, C & D), as well as the Mori Tower office building, Grand Hyatt Roppongi Hotel, TV Asahi, designer shops such as Louis Vuitton, restaurants and gardens. The total size of the land is over 84,000 sqm. Residences A & B have apartments for sale, while Residence C is only for rent, and Residence D is a serviced apartment complex (which sometimes has small apartments for sale).
Facilities include bilingual concierge staff, doorman, porter, the Roppongi Hills Spa and gym, in-house doctor, sky lounge, rooftop gardens and guest suites.
Roppongi Hills has its own energy supplied by Roppongi Energy Service – not TEPCO. Underneath Mori Tower is a gas turbine co-generation system, steam boiler and an absorption refrigerator. The gas turbine system can generate up to 38,660 kW of power.