Skyz Tower & Garden to begin sales in July
Sales of apartments in Skyz Tower & Garden in Toyosu are scheduled to begin in July. This is part of the 'Tokyo Wonderful Project' redevelopment of a 32,000 sqm site that was once a Tepco-owned thermal power station.
The 150m tall condominium will contain 1,110 apartments ranging in size from 53.25 to 130.92 sqm (573 ~ 1408 sqft) and priced from 35 to 139 million Yen. A 74.50 sqm 3-bedroom apartment will be priced around 55 million Yen (738,000 Yen/sqm), and some apartments will be priced over 100 million Yen. Over 10,000 inquiries have been made prior to the opening of the showroom this coming weekend. Read more
Brillia Tama New Town sold out
All 684 apartments available for sale in Brillia Tama New Town have now sold out. Brillia Tama New Town is a large-scale redevelopment of the Suwa 2 Chome Jutaku housing complex in Tama City, Tokyo. The original buildings were completed in 1971 and contained 640 apartments. The demolition and reconstruction project is said to be the largest of its kind in Japan.
The new condominiums have a total of 1249 apartments, of which 565 were taken up by original residents (the remaining residents sold their ownership rights to the developer and moved elsewhere).Read more
Sales of apartments in The Parkhouse Hiroo Hanezawa begin this month
Mitsubishi Jisho Residence will begin sales of apartments in The Parkhouse Hiroo Hanezawa.
Readers may remember that these apartments are being built on the site of the former Hanezawa Garden - home of Yoshikoto Nakamura (1867 - 1927). Mr. Nakamura was a former Mayor of Tokyo, Railroad Minister and second Chairman of the South Manchurian Railway Company. The original house (c1915) had been used as a wedding facility / reception hall since the 1950s.
Mitsubishi acquired the site in 2011 and demolished the house in early 2012, much to the dismay of neighbours.Read more
Japan's high-rise apartment market, March 2013
According to the latest data from the Real Estate Economic Institute's report on the high-rise apartment market, there are over 96,500 apartments in buildings over 20 stories tall either under construction or in the planning stages across Japan.
273 high-rise residential buildings are expected to be completed from 2013 onwards, with a total of 96,512 individual apartments. This is an increase of 38 buildings and 14,374 apartments from March 2012.Read more
The last Dojunkai to be demolished in June
While the 84-year old Uenoshita Apartments in Tokyo's Taito-ku may have miraculously survived the Great Tokyo Air Raid in 1945, it is not immune from re-development as the wrecking ball is set to swing on the apartment building next month.Read more
Grand Front Osaka Owner's Tower sold out
All 525 apartments in the just-competed Grand Front Osaka Owner's Tower have now sold, heralding what many believe to be the turning point for the residential market.
The most expensive apartment was a 415 million Yen 300sqm 3-bedroom penthouse. Read more