Tokyo apartment sales in January 2015

Tokyo apartment sales Jan 2015

The following is a selection of apartments that were sold in central Tokyo during the month of January 2015:Read more


Apartment in Daikanyama Hillside Terrace for Sale

Daikanyama Hillside Terrace 4

Price: No longer on the market

A 2-Bedroom apartment in Daikanyama Hillside Terrace was listed for sale this week. Hillside Terrace is one of those places that is yearned for by locals, but only very few are lucky enough to call it their home.

The apartments are in very high demand with buyers waiting years or even decades for the chance to buy an apartment, but it is such a tightly-held building that it is very rare to see anything offered for sale. In fact, this is only the second apartment we have seen on the market in over five years.

This current listing is on the 3rd floor, which is the top floor of the building. It has an internal floor area of 131.05 sqm (1,410 sqft). It is occupied by the seller, but can be inspected with advance appointment.Read more


53-yr old office conversion in Chiyoda-ku

The C Uchikanda 3

Real estate developer Hulic Co., Ltd. has converted a 53 year old office building in Chiyoda-ku into a trendy shared apartment, office and event space. The building has been named ‘the c’ to represent the keywords behind the project, which were central, conversion, communication, culture and create.

Floors 3 to 9 have been converted into shared residential space, with a shared office space located on the 2nd floor. The top floor of the building has been turned into a shared lounge, theatre room and dining space for both residents and office workers. An event space was created in the building’s basement which can be rented out for events and meetings. The rooftop has an open terrace with wi-fi access.Read more


Scandal-ridden site in Shinjuku up for public auction

Shinjuku Building 1
[Left] The foreclosed land. [Right] The former Shinjuku Building (now demolished) that stood on the site.
Located in a prime commercial zone near the south exit of Shinjuku Station is a notorious block of vacant land that has been at the centre of a well-known scandal.

Due to the messy history behind this land, most people had given up on the thought of ever seeing this site redeveloped. However, the land is being put up for public auction on February 17, 2015, by the Tokyo Tax Office with a minimum bid set at 2.19 billion Yen (18.5 million USD).

The Shinjuku Building Incident

The site was once home to the Shinjuku Building - a 12-storey multi-tenant building built in 1983 and demolished in early 2011.Read more


Tokyo's plan to fireproof older neighbourhoods

Houses front onto a narrow pathway in Tsukishima, Chuo-ku.

Tokyo is pressing ahead with a 10-year plan to fireproof the older, densely packed neighbourhoods that dot the city.

January 17th marked the 20th anniversary of the Great Hanshin Earthquake. Many of the casualties were caused by fires spreading throughout tightly packed neighbourhoods of wooden homes. A fire that broke out after the quake in Kobe’s Nagata-ku burned for three days and destroyed 4,759 homes.

Suginami-ku

Just south of Asagaya Station in Suginami-ku is a neighbourhood of wooden homes built immediately after WWII. Many are located alongside small pathways and narrow roads not accessible by vehicles. Firetrucks cannot access many of the homes, which means fire can spread easily, placing residents at risk.

Under the Building Standards Act, when building a new home or altering an existing home alongside a narrow road, the land must be set back by 2 meters from the centre line of the road. Ideally all houses along the street would eventually do the same and the road would become 4 meters wide - enough to allow cars to pass through. However, many residents put flowerpots or park their cars on this setback portion of the road, rendering it useless.

In 2015, the local council plan to introduce regulations that would allow for the compulsory widening and levelling of roads. The land would not be purchased by the council, and landowners would not receive any compensation.Read more


Toranomon Hills 2-Bedroom Apartment For Sale

Toranomon Hills Residence for Sale

SOLD

It doesn’t get any better than this. We are excited to announce that a 2-Bedroom apartment in Toranomon Hills Residence, one of Tokyo’s most desirable and luxurious apartment buildings, has just become available for sale.

Toranomon Hills is a 247m tall, 52-storey tower containing office space on floors 6 ~ 35, condominium and rental apartments on floors 37 ~ 46 and the 5-star Andaz Hotel on floors 47 ~ 52. It is the second tallest mixed-use building in Tokyo, coming in at just 1 meter shorter than Tokyo Midtown.

Of the 172 apartments on the residential floors, only 70 were made available for sale with the remainder being kept by Mori as rental apartments. The 70 apartments were never publicly advertised for sale, and were instead offered by invitation to selected existing clients of Mori Building. All new apartments had sold out by the building’s completion in May 2014.

This 2-Bedroom apartment on the 45th floor is, to our knowledge, the very first apartment offered for re-sale in the building. It includes a wide balcony with wood decking, an open-plan kitchen, floor-heating in the living/dining room, and a master bedroom with walk-in closet. The apartment has not been lived in but is being sold fully-furnished and ready to move into. The interior finish has been upgraded by Kagami Reform. Furnishings include Armani and Cassina furniture, light fixtures and appliances. The apartment is north-east facing and has views towards the Toranomon, Roppongi and Akasaka areas, and Mt. Fuji on a clear day.Read more


Bottega Veneta joins fight to save Hotel Okura

Hotel Okura Tokyo

Fashion and architecture go hand in hand, and pieces designed by some of the great designers can remain timeless for generations. Tomas Maier, the creative director of Italian fashion house Bottega Veneta, is hoping to spread awareness of some of Japan’s modernist architecture that is at risk of being demolished and lost forever. Of particular interest in Maier's campaign is the Hotel Okura Tokyo, designed by Yoshio Taniguchi and completed in 1962, which is scheduled to close and be demolished later this year.Read more