Mita Garden Hills selected as name of new luxury project in central Tokyo
Mita Garden Hills is now the official name of the large-scale luxury condominium project being developed by Mitsui Fudosan Residential and Mitsubishi Estate Residence in Minato's Mita neighborhood. This is the second ‘Garden Hills’ since Hiroo Garden Hills was developed in the 1980s.
Japan's tallest tower tops out in Toranomon
The 64-story skyscraper in the Toranomon-Azabudai Project topped out at 330 meters on April 21. This is now the tallest building in Japan, exceeding Osaka’s 300-meter tall Abeno Harukas building.
Toranomon Hills Residential Tower reaches completion
The newest building in the Toranomon Hills area officially reached completion on January 20, 2022. Toranomon Hills Residential Tower is a 220-meter tall, 54-story luxury apartment tower developed by Mori Building. Residents will be able to move in from May.
Luxury rental apartments added to Torch Tower
A recent use-change will see some luxury rental apartments added to Japan’s tallest tower-to-be. On January 8, the Nikkei Shimbun newspaper reported that the 390-meter tall Torch Tower, on the northern side of Tokyo Station, will have around 50 apartments with monthly rents ranging from 1 ~ 5 million Yen (approx. US$8,650 ~ $43,200). The largest apartment will be in the 400 sqm (4,300 sq.ft) range.
Luxury apartment sales surge in Tokyo
The luxury condominium market in Tokyo has been surging in the face of the pandemic.
Wellith One Aoyama
KITA AOYAMA, MINATO-KU, TOKYO
BUILT IN 2019 | 15 UNITS | 7 FLOORS
SIZE RANGE: | 178.74 ~ 441.67 m² (747 ~ 1,339 ft²) |
AVERAGE PRICE: | ¥3,000,000/m² |
The Parkhouse Gran Kamiyamacho
KAMIYAMACHO, SHIBUYA-KU, TOKYO
BUILT IN 2023 | 55 UNITS | 4 FLOORS
SIZE RANGE: | 84.74 ~ 160.56 m² (912 ~ 1,728 ft²) |
AVERAGE PRICE: | ¥2,300,000 ~ 3,700,000/m² |