Details of Akasaka’s 44-storey condominium announced

Details on Park Court Akasaka Hinokicho The Tower (previously the Akasaka 9 Chome Tower Project) have just been released. The 170m tall, 44-storey condominium, which was designed by Nikken and famed architect Kengo Kuma, is currently under construction on the northern side of Tokyo Midtown.

The high-rise will contain 322 apartments, of which just 163 (50%) will be available for sale. The remainder will go to landholders and participants of the development. The two and three-bedroom apartments will range in size from 57.61 ~ 203.96 sqm (620 ~ 2,195 sq ft). Layouts are cleverly designed and do not contain any windowless bedrooms that you may find in cheaper developments. The largest apartment, a 203 sqm penthouse, includes two full bathrooms, while the rest of the apartments have 1 bathroom.

Sales will begin in September October November 2015 . Prices have yet to be announced, but with apartments in other recent high-rises in Akasaka selling for around 2,000,000 Yen/sqm, it is likely that we will see comparative pricing in this new project. There have been rumours that apartments could be priced as high as 3,000,000 Yen/sqm.

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Akasaka Real Estate For Sale

The Akasaka neighbourhood is located just north of Roppongi and contains a variety of low and high-rise apartments, office towers, restaurants and stores.  Retail options include Tokyo Midtown, which contains high-end shopping and dining options, as well as Akasaka Sacas and Ark Hills.

The Akasaka address is part of Tokyo’s “3 A’s” (Akasaka, Aoyama and Azabu), which are considered the most desirable areas in the city. Since the early Meiji period, the elevated areas in Akasaka became home to a number of wealthy Daimyo mansions and other grand estates. Japan’s very first condominium to have all apartments priced over 100 million Yen was ‘Akasaka Park Mansion’.

The following is a selection of apartments, houses, land and investment properties for sale in the Akasaka area:

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Foretseine Akasaka Hinokizaka to go on sale next month

Foretseine Akasaka Hinokizaka 1

Mori Trust will begin sales of apartments in their latest luxury development – Foretseine Akasaka Hinokizaka – at the end of November, with most apartments priced in the 300 million Yen range.

41 of the 54 apartments will be offered for sale with the remaining 13 going to the original landholder. Apartments range in size from 73.46 ~ 170.46 sqm and will be priced from around 110 ~ 470 million Yen.

The 7-storey building is located in an exclusive and historically high-priced area at the peak of Hinoki-zaka slope near Tokyo Midtown. It is next door to Proud Akasaka Hikawacho (2007; prices around 2,000,000 Yen/sqm) and across the street from Park Mansion Roppongi (2007; prices around 1,900,000 ~ 2,500,000 Yen/sqm).

Previews of the model room will start tomorrow (October 18). 

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