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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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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Century Forest 5F

2-Bedrooms + 1 Bathroom, 86.77 sqm
Uguisudanicho, Shibuya-ku, Tokyo
SOLD

 ABOUT

*This apartment sold in November 2016 and is no longer available*

Century Forest is a low-rise luxury apartment building located between the Daikanyama and Shibuya. It is a short walk to the trendy cafes and boutiques in the Daikanyama area. The building was designed by Archi Site Mobius and developed by Kajima Corporation.

Features include concierge service (8am ~ 9pm), guest suite and 24hr caretaker.

This is a 2-Bedroom apartment on the 5th floor. It is north-east facing and includes a master bedroom with walk-in closet, floor heating and a kitchen pantry.

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Tadao Ando-designed house in Tokyo for sale

UPDATE: SOLD

A contemporary residence designed by famed architect Tadao Ando is currently listed for sale. The 4-bedroom home is located in the trendy Daikanyama neighbourhood and is a 15 minute walk from Shibuya Station.

Pritzker Prize-winning architect Tadao Ando’s designs are notable both in Japan and overseas. Although he has designed a number of houses in the Osaka/Kansai area, there are only a small number of his residences in the Tokyo area. It is very unusual for us to see homes for sale in central Tokyo that have been designed by this caliber of architect, and the opportunity to live in one of Ando’s residences is something afforded to only a small number of people.

The concrete and glass home has a stark and imposing curved exterior finished in Ando’s trademark exposed concrete. The home was designed as part of Ando’s ‘light and shadow’ series of projects carried out in the early 1990s. It was carefully designed and constructed over a three year period between 1991 and 1993.

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Apartment in Daikanyama Hillside Terrace for Sale

Daikanyama Hillside Terrace 4

Price: No longer on the market

A 2-Bedroom apartment in Daikanyama Hillside Terrace was listed for sale this week. Hillside Terrace is one of those places that is yearned for by locals, but only very few are lucky enough to call it their home.

The apartments are in very high demand with buyers waiting years or even decades for the chance to buy an apartment, but it is such a tightly-held building that it is very rare to see anything offered for sale. In fact, this is only the second apartment we have seen on the market in over five years.

This current listing is on the 3rd floor, which is the top floor of the building. It has an internal floor area of 131.05 sqm (1,410 sqft). It is occupied by the seller, but can be inspected with advance appointment.

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