Details released on luxury apartment project for Azabu Juban
More details have been announced for the redevelopment of a historic art deco building near Azabu Juban in Tokyo. Real estate giants Mitsui Fudosan and Mitsubishi Estate will be turning the site into over 1,000 luxury apartments.
Sales in luxury Kamakura condo to start in August
Sales in a high-end condominium in the heart of historic Kamakura City are scheduled to start in late August. The Parkhouse Kamakura is a 5-story luxury condo currently under construction alongside Wakamiya-Oji Avenue which leads up to the Hachimangu Shrine. It is the first condo to have been built within a 5-minute walk of Kamakura Station in the past ten years. This is also the first condominium developed by Mitsubishi to feature their full, underfloor central-air system.
Japanese developer aquires partial share of luxury Yoyogi rental
Real estate developer Rebita has acquired a partial ownership interest in luxury rental complex Grosvenor Place Kamizono-cho.
5 billion Yen Toranomon penthouse rumored to have sold off-the-plan
A penthouse in Toranomon is rumored to have sold off-the-plan for 5 billion Yen (approximately 45 million USD), making it potentially one of the most expensive apartments to have sold in Japan. Naturally, details are sparse and unconfirmed.
The most expensive apartments in Tokyo (2018 ranking)
The following is a ranking of the most expensive apartments in Tokyo provided by apartment information site Mansion Review (mansion-review.jp). It is not surprising to note that 9 of the top 10 buildings are located in Minato-ku, while 1 is located in Chiyoda’s Bancho neighborhood.
12 Exclusive residences planned for Toranomon high-rise
A limited number of high-end penthouse condominiums are planned for the Tokyo World Gate development in central Tokyo’s Toranomon district.
The 12 luxuriously appointed residences will range in size from 150 ~ 400 sqm (1,614 ~ 4,304 sq ft). One of the residences will be a duplex-style apartment with ceiling heights of up to 6 meters. These exclusive residences are aimed at world-class business executives looking for one-of-a-kind sky homes in the heart of Tokyo.
Central Tokyo's luxury apartment market reaches new highs
Although sales are sluggish in suburban areas, a sales war is erupting between Japan’s top property developers as they battle to out-do each other with luxurious residential projects in Tokyo’s centre. The battleground is Tokyo’s Minato Ward, in wealthy neighbourhoods where prices have always been relatively high.
Many of these new condominium developments are located in the vicinity of Tokyo Midtown - a mixed-use office, retail, hotel and rental apartment complex in the Akasaka/Roppongi district. Read more