Construction to start on Foretseine Motoazabu 2 Chome project in July
Mori Trust is developing a luxury apartment building atop the Motoazabu neighbourhood in central Tokyo. Takenaka Corporation, one of Japan’s top construction giants, will start construction on Foretseine Motoazabu 2 Chome in July 2017. Completion is due for the end of December 2018. The 5-storey building will have just 17 spaciously sized apartments.
This project will be part of Mori’s 'Foretseine' brand of high-end residences. Their most recent project was Foretseine Akasaka Hinokizaka near Tokyo Midtown. When sales began in late 2014, apartments were priced between 1.5 ~ 2.8 million Yen/sqm and all apartments had sold off-the-plan prior to completion. Re-sale listings in 2016 have had an average asking price of around 3 million Yen/sqm.
The land is approximately 1,100 sqm in size, while the building will have a total floor area of 3,500 sqm (37,660 sq ft).Read more
Details of Akasaka’s 44-storey condominium announced
Details on Park Court Akasaka Hinokicho The Tower (previously the Akasaka 9 Chome Tower Project) have just been released. The 170m tall, 44-storey condominium, which was designed by Nikken and famed architect Kengo Kuma, is currently under construction on the northern side of Tokyo Midtown.
The high-rise will contain 322 apartments, of which just 163 (50%) will be available for sale. The remainder will go to landholders and participants of the development. The two and three-bedroom apartments will range in size from 57.61 ~ 203.96 sqm (620 ~ 2,195 sq ft). Layouts are cleverly designed and do not contain any windowless bedrooms that you may find in cheaper developments. The largest apartment, a 203 sqm penthouse, includes two full bathrooms, while the rest of the apartments have 1 bathroom.
Sales will begin in September October November 2015 . Prices have yet to be announced, but with apartments in other recent high-rises in Akasaka selling for around 2,000,000 Yen/sqm, it is likely that we will see comparative pricing in this new project. There have been rumours that apartments could be priced as high as 3,000,000 Yen/sqm.Read more