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
Average price of an apartment in Tokyo reaches new record in February
According to Tokyo Kantei, the average asking price for a 70 sqm apartment in Tokyo’s 23 wards was 69,770,000 Yen in February, up 0.5% from the previous month and up 4.1% from last year. This price exceeded a previous record high set last October.