All 452 apartments in a 20-storey building under construction in Tokyo’s Shinagawa-ku have sold out 12 months prior to delivery.
Ober Grandio Shinagawa Katsushima is a new development by Taisei-Yuraku Real Estate and Haseko Corporation. Is is located on Katsushima - a man-made island built in 1949 as a warehouse district.
Sales were supported by pricing that was comparatively low for the Shinagawa area. 70 sqm (753 sq.ft) 3-Bedroom units were priced from 38 million Yen (355,000 USD), and 80 sqm (861 sq.ft) 4-Bedroom units were priced from 46 million Yen (429,000 USD).