New development in Kachidoki to have over 3,000 apartments
The proposed Kachidoki East District Development on the man-made island of Kachidoki in Tokyo Bay will have over 3,000 apartments when completed, making it the largest residential project in Japan.
The development includes three residential towers with a total of 3,020 apartments. This will be larger in scale than the nearby 'The Tokyo Towers' which has 2,794 apartments. Read more
New apartment prices in August
According to the latest data from the Real Estate Economic Institute, a total of 4,145 brand new apartments were released for sale across greater Tokyo in August, up 53.3% from last year. This is the supply of apartments in the month of August since 2005.
Of those, 3,378 were sold making the contract ratio 81.5%.
Meanwhile, a total of 2,250 second-hand apartments were also sold in greater Tokyo during the month.
The average price of a new apartment was 47,960,000 Yen, up 0.5% from last year. The average price per square meter was 677,000 Yen, down 2% from last year.Read more
The Parkhouse Grand Chidorigafuchi Sold Out
All apartments available for sale in The Parkhouse Grand Chidorigafuchi have already sold out. 22 apartments ranging from 160 ~ 542 million Yen (1.61 ~ 5.46 million USD) were offered for sale earlier this month.
A total of 112 purchase applications were made, with each apartment received an average of 5.09.Read more
Skyz Tower & Garden over half sold
Although completion is not expected until August 2014, 630 of the 1,110 apartments in Skyz Tower & Garden in Toyosu have already sold.Read more
The Parkhouse Harumi Towers sees a surge in interest following Olympics announcement
The sales office at The Parkhouse Harumi Towers was abuzz with activity on Sunday after it was announced that Tokyo was chosen to host the 2020 Summer Olympics. The twin high-rise condominiums are located on the same island in Tokyo Bay that will be the site of the Athletes Village.
On a normal weekend, the sales office receives around 30 visitors, and make 4 or 5 sales. On Sunday, however, as many as 60 people visited the showroom and 10 purchase agreements were signed.Read more
All 1497 apartments now sold out in Proud Funabashi
All 1,497 apartments in Nomura's 'Proud Funabashi' development in Chiba have sold out. Nomura received a total of 2,919 purchase applications, and over 24,000 people visited their sales showroom since its opening in June 2012.Read more
All 874 apartments in Osaka high-rise sold out prior to completion
All 874 apartments in the Osaka Hibiki-no-machi The Sanctus Tower have sold out two years prior to completion.
The 53-storey residential tower is being developed by Orix, Daikyo, Keihan Dentetsu Realestate, Daiwa House and Osaka Gas Urban Development.Read more