The Parkhouse Grand Minamiaoyama Takagicho to be demolished and rebuilt

The Parkhouse Grand Minami Aoyama

Mitsubishi Jisho Residence announced that they will be demolishing and rebuilding The Parkhouse Grand Minamiaoyama Takagicho* apartment building after serious construction faults were discovered prior to completion. The construction company, Kajima Corporation, is expected to bear most of the reconstruction costs.

Apartments in the 7-storey condominium in Minato-ku were initially priced from 85 ~ 350 million Yen with an average price of 1,400,000 Yen per square meter. 83 of the 86 apartments were already under contract by December when online message boards began to report rumours of some structural issues with the building. Read more


The Parkhouse Minamiaoyama Tokiwamatsu

Average price: 1,670,000 Yen/sqm
Size range: 58.12 ~ 99.94 sqm (625 ~ 1,075 sqft)

Location: Minamiaoyama, Minato-ku

 ABOUT

The Parkhouse Minamiaoyama Tokiwamatsu is located directly across the street from the residence of Prince Hitachi.

The developer had sold all apartments by June 2013. When new, apartments were priced from 69 ~ 128 million Yen, with an average price of 1,235,000 Yen/sqm.Read more


[Foreclosed] Land in Minamiaoyama 2 Chome

Court Evaluated Price: 150,000 JPY (1830 USD)
*UPDATE: The winning bid was 555,556 JPY (6775 USD). A total of 15 bids were made on the land.*

The cheapest (and smallest) land you will ever find in Omotesando. The land is in a laneway just behind Aoyama Dori Avenue and is 200 meters from Gaienmae Station and 660 meters from Omotesando Station.

With commercial land fronting Aoyama Dori valued at anywhere between 5~9 million JPY/sqm and residential land in Minami Aoyama ranging anywhere between 1.2 ~ 1.5 million JPY/sqm, this piece of land at only 78,500 JPY/sqm seems like a great deal, but...

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