Posts Tagged “Toyosu”

Onsen and retail complex near new Toyosu Fish Market in jeopardy

Onsen and retail complex near new Toyosu Fish Market in jeopardy

The operator of a planned onsen, hotel and retail center to be built next-door to the Toyosu Fish Market in Tokyo has announced that they may withdraw their plans due to concerns about feasibility. The proposed ‘Senkaku-banrai’ center would include a 24hr hot spring bath, hotel and 200 restaurants and stores, with a forecast for…

Should you buy into the Olympics hype for Tokyo’s bayside areas?

Should you buy into the Olympics hype for Tokyo’s bayside areas?

Don’t let the Olympics overshadow your thought process when buying.  Short-sighted buyers who buy under the hype of the Olympics could possibly find themselves in a difficult position after the games have finished. Since the Olympics announcement last week, the real estate industry has been in a state of excitement as buyers scramble to buy…

Skyz Tower & Garden over half sold

Skyz Tower & Garden over half sold

Although completion is not expected until August 2014, 630 of the 1,110 apartments in Skyz Tower & Garden in Toyosu have already sold.

A snapshot of Tokyo Bay’s newest condominiums

A snapshot of Tokyo Bay’s newest condominiums

The man-made islands on Tokyo Bay have been undergoing a slow gentrification over the past 10 years or so as factories and warehouses are gradually being replaced by high-rise apartment buildings and shopping malls. The islands are already home to some large-scale redevelopments, including The Tokyo Towers (2008) and Triton Square (2001), while many more…

Skyz Tower in Toyosu to be a test of market conditions

Skyz Tower in Toyosu to be a test of market conditions

With the total number of new apartments released for sale in May up 50% from last year, and a contract rate of 78.1% in greater Tokyo, there are strong expectations that Abenomics will lead to increased property values.  Major banks increased their 10 year fixed mortgage rates for the second month in a row. With…

Skyz Tower & Garden to begin sales in July

Skyz Tower & Garden to begin sales in July

Sales of apartments in Skyz Tower & Garden in Toyosu are scheduled to begin in July. This is part of the ‘Tokyo Wonderful Project’ redevelopment of a 32,000 sqm site that was once a Tepco-owned thermal power station. The 150m tall condominium will contain 1,110 apartments ranging in size from 53.25 to 130.92 sqm (573…

New apartments in Tokyo on sale in April

New apartments in Tokyo on sale in April

According to real estate information service provider, Mercury, a total of 92 new buildings with 9742 apartments will go on sale in greater Tokyo in April. The number of new buildings is down 28% from March and the total number of apartments decreased by 29%.

100 billion Yen redevelopment project for Toyosu area

100 billion Yen redevelopment project for Toyosu area

Mitsui Fudosan will be embarking on a large-scale redevelopment of Koto-ku’s Toyosu area from next year. The 100 billion Yen (1.3 billion USD) project on one of Tokyo Bay’s reclaimed islands will cover a 47,400 sqm site. The project will include two high-rise office buildings (31 and 22 stories) as well as retail facilities. Due…

High-rise Refugees

High-rise Refugees

Tokyo’s bayside area, which has seen a boom in high-rise condominiums or “tower mansions” in recent years, is now considered a rather risky area to live since the March 11 earthquake. The earthquake caused land liquefaction and many elevators to stop working, resulting in a newly coined term for residents living on high floors –…

The 2011 Japan earthquake and what it means for the real estate market

The 2011 Japan earthquake and what it means for the real estate market

One month has passed since the March 11 Tohoku earthquake and tsunami. With strong aftershocks continuing and a nuclear disaster that was just upgraded to the maximum level, uncertainty remains over what will happen to the Japanese economy in the short and medium term.

Go Top