The Tower Yokosuka Chuo 60% sold

The Tower Yokosuka Chuo 2

All 150 apartments offered in the first round of sales in The Tower Yokosuka Chuo condominium sold out in early March. An average of 1.3 applications were made on each apartment, with the most popular apartment receiving 4 applications.Read more


Fault discovered in Kawasaki apartment building

Park Tower Shinkawasaki 3In what looks to be a disturbing trend, another apartment building under construction has been found to have a serious defect. It was announced on March 31 that a high-rise condominium in Kawasaki City would be partially demolished and rebuilt after cracks were found on concrete pillars on the fourth floor.

Construction had reached the 7th floor when it was discovered that the extra load of the floors was putting too much strain on the 4th floor structural columns causing them to crack and split.  Read more


Hiroshima to have tallest apartment building in region

City Tower Hiroshima 1

Sumitomo Realty & Development announced the launch of a condominium in Hiroshima that will be the region's tallest apartment building when complete. City Tower Hiroshima will be 192 meters tall and contain 514 two, three and four-bedroom apartments.

Residential apartments will be on floors 13 to 52, with a lobby on level 12. The majority will be 3-bedroom apartments with an internal area of 75 sqm (807 sqft). Read more


The Parkhouse Grand Minamiaoyama Takagicho to be demolished and rebuilt

The Parkhouse Grand Minami Aoyama

Mitsubishi Jisho Residence announced that they will be demolishing and rebuilding The Parkhouse Grand Minamiaoyama Takagicho* apartment building after serious construction faults were discovered prior to completion. The construction company, Kajima Corporation, is expected to bear most of the reconstruction costs.

Apartments in the 7-storey condominium in Minato-ku were initially priced from 85 ~ 350 million Yen with an average price of 1,400,000 Yen per square meter. 83 of the 86 apartments were already under contract by December when online message boards began to report rumours of some structural issues with the building. Read more


First apartment building for Osaka's Midosuji Boulevard

Midosuji OsakaAfter a recent relaxation of zoning rules, Osaka's Midosuji Boulevard will soon see its first apartment building. 

Sekiwa Real Estate Kansai - a subsidiary of Sekisui House - is planning have the mixed-use building completed by 2016. The building height is expected to be approximately 100m, with luxury rental apartments on the higher floors. Read more


Park Mansion Akasaka Hikawazaka Sold Out

Park Mansion Akasaka Hikawazaka 2

All 36 apartments in Mitsui Fudosan's Park Mansion Akasaka Hikawazaka have now sold out. 

The two and three-bedroom apartments were priced from 164 ~ 680 million Yen. With an average price of 2,190,000 Yen/sqm (2,000 USD/sqft), this is among the most expensive apartment buildings in Tokyo. Read more


Nippon Life acquires site in Minato-ku for 80 billion Yen

Nippon Life Insurance Company has acquired a 7205 sqm development site in front of Hamamatsucho Station for approximately 80 billion Yen (790 million USD). The seller was bus company Kokusai Kogyo. The sale price works out to around 11.1 million Yen/sqm (109,000 USD). Read more