Tokyo sees 34% increase in sales of apartments priced over 100 million Yen
According to REINS, a total of 1,867 second-hand apartments were reported to have sold in the Tokyo metropolitan area in March 2023, up 10.4% from the previous month and up 3.4% from last year.Read more
2,800 reservations as Athlete’s Village high-rise prepares to go on sale
Sales in the 50-story high-rise in the former Athlete’s Village are scheduled to start this June, with the most expensive apartment priced in the 349 million Yen (US$2.64 million) range.Read more
Komatsu to redevelop Akasaka HQ
On April 4, Komatsu announced plans to redevelop its headquarters in Akasaka, Tokyo.Read more
Ascot acquires three rental apartment buildings
Ascot Corp., a part of Ping An Group, has acquired three rental apartment buildings in Tokyo for an undisclosed price.Read more
Tokyo Apartment Sales in March 2023
The following is a selection of apartments that were reported to have sold in central Tokyo during the month of March 2023:
Omotesando office building reaches completion
Mitsubishi Estate and Y.K. Goko completed construction of the 3rd MINAMI AOYAMA office building on March 16.
New apartment supply drops 20% in February
According to the Real Estate Economic Institute, 1,821 brand-new apartments were released for sale across greater Tokyo in February, down 20.4% from last year. Read more