The following is a selection of apartments that were reported to have sold in central Tokyo during the month of February 2023:

Building Sold Price
(USD/sq.ft) Days Listed Discount
Park Court Akasaka Hinokicho The Tower (2018)
/sq ft
84 7.5%

Park Court Akasaka Hinokicho The Tower is a luxury high-rise apartment building adjoining Tokyo Midtown. When off-the-plan apartment sales began in late 2015, there were an average of 1.9 buyers per apartment. The building was designed by Kengo Kuma and features concierge, gym, roof deck, and various resident lounges and function rooms. There is currently just 1 sale listing in the 322-unit building a list price of 4,591,000 Yen/sqm. In 2022, the list pricing ranged from 3,626,000 ~ 9,540,000 Yen/sqm, with an average of 5,445,000 Yen/sqm. This is 38% higher than the average list price in 2021. This was a compact apartment on a mid floor. It was sold tenanted with a gross yield of 3.06%. The apartment sold for 23% more than an identical one on the same floor was listed for in 2020.

Park Court Roppongi Hilltop (2012)
/sq ft
126 0.6%

Park Court Roppongi Hilltop is a 27-story, 270-unit high-rise located near Roppongi Itchome Station and Izumi Garden Tower. When new back in 2012, the average sale price was around 1,400,000 Yen/sqm. There are currently just 2 sale listings this building with an average price of 3,350,000 Yen/sqm. The average list price in 2022 was 3,530,000 Yen/sqm, up 20.5% from 2021. This was a compact apartment on a low floor. It sold for 21% more than it previously traded for in 2021, 33.9% more than it was previously listed for in 2020, and 55% more than it was listed for in 2019.

The Court Jingu Gaien (2020)
/sq ft
236 0%

The Court Jingu-Gaien is a condominium located just south of the Olympic Stadium. It contains a mixture of 409 condo-style and landholder apartments over 23 floors. When new, apartments were priced from 2,200,000 ~ 4,300,000 Yen/sqm. There are currently just 6 apartments listed for resale as of February 2023 with an average list price of 3,760,000 Yen/sqm. The average list price in 2022 was 3,055,000 Yen/sqm, up 1.3% from 2021. This was a compact apartment on a low floor. It sold for 26% more than it was previously listed for in 2020.

Saion Sakurazaka (2009)
/sq ft
9 0%

Saion Sakurazaka is a 26-story high-rise located near the US Embassy in the Akasaka/Toranomon district. There are currently no sale listings in the 87-unit building. This was a corner unit on a low floor. It sold for 79% more than an identical apartment two floors up sold for in 2014. 


About the data:

  • The data is based on information supplied to REINS by agents.
  • This information is voluntarily provided, and not all transactions are recorded.
  • Japan Property Central cannot guarantee the accuracy of the information provided.
  • The discount, for example, is based on the last advertised listing price at the time of sale, rather than the original list price.
  • Some listings are constantly updated, so the days listed between listing on REINS and final sale may not be accurate. The days listed are also based on the day that the agent registered the property as being sold, which is sometimes done on the day of the contract signing, settlement or even later if the agent forgets to update the listing.
  • Not every sale is reported above.
  • Price per square meter or per square foot is calculated based on the apartment’s internal floor area and does not include balconies, car parks or common areas.
  • Exchange rate is at the time of publishing the article and is subject to change (1 USD: 135.94 Yen).