Sales of new apartments in Nomura Real Estate and Mitsubishi Corporation’s “Proud Funabashi” condominium development in Funabashi City, Chiba, have been surprisingly strong with all of the units in the 2nd stage selling out on the same day.
The 2nd stage had a total of 573 units for sale priced between 26.28 ~ 57.06 million Yen (337,000 ~ 731,000 USD). Sizes ranged from 70.63 ~ 100.89 sqm (760 ~ 1085 sqft). Each apartment received an average of 1.63 purchase applications, with the highest receiving 6 applications.
Achieving same-day sales of over 500 units is a first for the “Proud” series of apartments.
The development contains a total of 1497 apartments. Apartments are 1 minute from Shinfunabashi Station, which is 33 minutes to Tokyo Station. The 3rd stage of sales will begin in the fall.
Source: The Asahi Shimbun, July 31, 2012.
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