On August 26, apparel company Onward Holdings announced the sale of two properties in Tokyo’s Minato and Shibuya wards.
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Daikanyama retail sold for 4.2 billion Yen
Tokyu REIT has sold the trust beneficiary rights to the Daikanyama Forum retail complex in Shibuya for 4.25 billion Yen (approx. US$39 million). Information on the buyer has not been disclosed, but it is a domestic corporation.
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Kengo Kuma-designed residential and retail project for Daikanyama
On May 17, real estate developer Tokyu Land announced that construction had officially started on a Kengo Kuma-designed mixed-use complex just by Daikanyama Station in central Tokyo.
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Daikanyama has highest apartment resale value in 2020
Apartments around Daikanyama Station in central Tokyo had the best resale value in the greater Tokyo region in 2020, according to a report by Tokyo Kantei.
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Ultra-luxury rental apartments for long-idle Daikanyama site
Mitsubishi Corporation Urban Development is starting work on a luxury rental apartment building development in Daikanyama, Tokyo.
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Proud Daikanyama Front & Terrace
SARUGAKUCHO, SHIBUYA-KU, TOKYO
BUILT IN 2020 AND 2021 | 20 + 75 UNITS | 4 + 12 FLOORS
| SIZE RANGE: | 55.76 ~ 183.08 m² (600 ~ 1,970 ft²) |
| PRICE WHEN NEW: | ¥126 ~ ¥690 million + (¥2.0 ~ ¥3.8 million/m²) |
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Daikanyama’s Hillside Terrace turns 50
Hillside Terrace, a local landmark in Daikanyama, turns 50 this year. The retail, commercial and residential complex was built over several stages starting in 1969.
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Local market report: Daikanyama (2019)
Daikanyama is as fashionable and trendy as Omotesando, but with a more laidback vibe on weekends. Sitting in a prime position between Ebisu and Shibuya Stations, it is a great place for a lucky few to call home. It is extremely difficult to find suitable homes and apartments on the market in this neighborhood due to a naturally limited inventory (a lot of the neighborhood is low-density), while many of the residents tightly hold onto their homes for the long-term.
Let’s take a look at the current real estate market conditions.
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Daikanyama retail to be replaced with residential building
La fuente Daikanyama, a low-rise retail complex in the heard of the Daikanyama district, will soon be demolished to make way for an apartment building. The retail mall will close in July 2018.
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Parknade Daikanyama
Price when new: 114.8 ~ 428 million Yen + (Approx. 2,100,000 Yen/sqm)
Size range: 49.49 ~ 132.03 sqm (533 ~ 1,421 sq.ft)
Area: Ebisu Nishi, Shibuya-ku
| ABOUT |
Sales began in June 2018.
Parknade Daikanyama is a 7-story condominium located in the trendy Daikanyama district located directly between Shibuya and Ebisu.
The building is a 3 minute walk to Daikanyama Station and a 6 ~ 7 minute walk to Ebisu Station.
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