Archives for Tokyo Penthouse Apartment

Akasaka’s latest luxurious penthouse is for sale

Price: 595,000,000 Yen (Incl. tax)
*Approx. 5.05 million USD

A spacious 3-Bedroom penthouse apartment in the recently completed Park Mansion Akasaka Hikawazaka condominium is up for re-sale.

Park Mansion Akasaka Hikawazaka was developed by Mitsui Fudosan Residential and completed in October 2014. The ‘Park Mansion’ series of apartments is the most prestigious brand on offer by Mitsui and is considered one of the top brands in Japan. There are just 36 apartments in the 13 storey building, and all apartments had sold out by the developer 8 months prior to completion.

The 168.63 sqm (1,814 sqft) apartment is one of just two apartments on the top floor of the building. The south-east and north-east facing corner unit has open views over the greenery of the housing compound of the US Embassy and out towards Ark Hills, the Ana Inter-Continental Hotel and Izumi Garden Tower. It has never been lived in and is in as-new condition. Read More

Park Mansion Akasaka Hikawazaka Penthouse

3-Bedrooms + 2 Car spaces, 168.63 sqm
Akasaka, Minato-ku, Tokyo
595,000,000 Yen
(3,528,000 Yen/sqm)

Park Mansion Akasaka Hikawazaka 1

Description: 

Park Mansion Akasaka Hikawazaka is a recently completed (October 2014) luxury condominium located across the street from the housing compound for the US Embassy. The Park Mansion brand is the highest grade on offer by the developer, Mitsui Fudosan Residential. The building features bilingual concierge service, a resident garden and tea house.

This is a 3-Bedroom penthouse apartment on the 13th floor (the top floor of the building). It is south-east facing and overlooks the embassy housing grounds. Two car spaces (one flat space and one machine space) and a trunkroom are included with this apartment.

The building is pet negotiable.

Location:

6-8-8 Akasaka, Minato-ku, Tokyo

  • Tokyo Midtown: 650 meters
  • Hinokicho Park: 450 meters
  • Ark Hills: 500 meters
  • Izumi Garden Tower: 650 meters
  • ANA Intercontinental Hotel: 450 meters
  • US Embassy: 750 meters
  • Hotel Okura: 900 meters
  • Roppongi Hills: 1,200 meters

Floorplan: Read More

Discount on the world’s largest 1-bedroom apartment

Is this the biggest 1-bedroom apartment in the world? It almost certainly is the largest one-bedroom in Japan, and at 700sqm+ it is Japan’s 2nd largest apartment.

Sadly, this penthouse atop Brillia Mare Ariake remains unsold despite a recent drop in the asking price from 1.05 billion to 600 million Yen (7.6 million USD). Not even Madonna’s advertising campaign for the building was enough to secure a sale (see Youtube ads here and here).

Price Reduction

After a 43% price reduction, the new price works out to 840,000 Yen/sqm.

Normal, non-penthouse apartments in this building were priced at 750,000 Yen/sqm when listed off-the-plan in 2007. Prices increased to 825,000 Yen/sqm by 2010~2011, but they have taken  tumble since the Tohoku disaster which highlighted the risk of living on man-made islands, and are now around 728,000 Yen/sqm (850 USD/sqft). This represents a fall of 3% since new. Average rents have also fallen by approximately 9.7% in the past 2 years. Read More

The House Minamiazabu penthouse floorplan now available

The floorplan for the 1.8 billion Yen (since reduced to 1.5 billion Yen) penthouse in The House Minamiazabu has just been made public. This apartment recently made headlines in foreign media through a PR-blitz announcing it as the ‘most expensive 1-Bedroom apartment in the world’. Read More

$5 million price reduction on penthouse in Akasaka

The asking price for the full-floor penthouse at the top of Foretseine Akasaka Hikawacho has been reduced from a staggering 1.205 billion Yen to a still staggering price of 820 million Yen (10.6 million USD). This is a discount of 385 million Yen (5 million USD), or just over 30%. Read More