Tokyo Governors Residence 2Tokyo City are looking to sell the currently unoccupied former governor's residence in Shibuya and will be accepting offers over 3.3 billion Yen (33.8 million USD) from October 29.

This is the second time that the city has tried to sell the 2,200 sqm site. It was first listed in 2008 with a  minimum price of 4.8 billion Yen but no offers were made. Prior to the global financial crisis and Lehman Shock, real estate experts had suggested the property had a market value of around 6 billion Yen.

The city is hopeful that the property will be purchased by a foreign government to use as an embassy. They have already received interest from several countries. 

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