Suruga Bank Tokyo branch building sold
Scandal-hit Suruga Bank’s Tokyo branch building in Nihonbashi has been purchased by Mitsui Fudosan for an undisclosed price. The property was owned by the bank’s founding family, who are in the process of paying off loans they had extended to themselves via the bank.
Shibuya Scramble Square East opens today
The 46-story Shibuya Scramble Square East Building officially opens today. At a height of 230 meters, this is now the tallest building in the Shibuya area.
Potential 26-story redevelopment of Shuwa Aoyama Residence
The homeowners association of the vintage Shuwa Aoyama Residence condominium near Shibuya Station is considering a potential redevelopment. The 8-story building was built in 1964 and has 77 apartments.
Roppongi to see new Langham hotel in 2024
Preliminary images of the jaw-dropping design for the proposed Langham hotel in Tokyo have been released.
160-yr old home to be donated to city
The owner of a home near Lake Biwa is donating the property to Nagahama City. The Shimosaka Residence was built in the mid-1800s, while the earthen embankments and canals within the property are thought to date from the 1400 ~ 1500s. The property also includes a family Buddhist temple dating from the 1700s.
Central Tokyo apartment asking prices reach record high in September
Last month, the average asking price of a 70 sqm second-hand apartment in central Tokyo’s six wards (Chiyoda, Chuo, Minato, Shinjuku, Shibuya, and Bunkyo) exceeded the 80 million Yen mark. This is the highest level seen since real estate data provider Tokyo Kantei began keeping records in 2002.
Muji’s newest house starts from 16 million Yen
No-frills retailer MUJI announced a new house to their line-up last month. The Yo-no-ie is the first house to have been offered by MUJI HOUSE in five years. The basic model starts from 15,980,000 Yen (approx. US$147,000), plus tax.