4 Apartments For Sale in Roppongi Hills
UPDATE: These apartments are no longer available. Please contact us for current availability. Our contact details can be viewed here.
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Four apartments are currently for sale in the Roppongi Hills Residences. The Residences form part of the landmark Roppongi Hills complex, which includes an office tower, restaurants, a retail mall, Grand Hyatt Hotel, TV Asahi studio, Louis Vuitton, Tiffany, and Escada boutiques.
Roppongi Hills is a nationally and internationally renowned complex and is considered one of the most desirable places to live, work and play. Residents can enjoy a rooftop party room, bilingual concierge desk, and may elect to join the on-site Roppongi Hills Spa & Gym. Of the 793 apartments in the four residential buildings, less than half are owned by private individuals, with the remainder held by Mori Building and available for rent only. All apartments in Residence C, for example, are rental only.
Apartment resale values in this complex have generally remained relatively high over the past 14 years. In early 2016, a 2-story penthouse was listed for sale for 4,420,000 Yen/sqm. Apartments on lower floors range in price from 2,500,000 ~ 3,500,000 Yen/sqm (2,085 ~ 2,920 USD / sq ft) depending on floor height and apartment size.
Of the four current sale listings in the building, two are vacant and ready to move into, while the other two are leased to tenants and suitable for investors only.Read more
Forest Terrace Toriizaka
ROPPONGI, MINATO-KU, TOKYO
BUILT IN 2015 | 53 UNITS | 8 FLOORS
| SIZE RANGE: | 104.20 ~ 236.19 m² (1,121 ~ 2,541 ft²) |
| AVERAGE PRICE: | ¥4,500,000/m² |
Tokyu to start flipping luxury condominiums
This month, Tokyu Land will start sales of condominium units in a 9 year old residential building in Roppongi. The company acquired the former Residia Tower Roppongi, a 27-storey rental-only tower, in 2014 and will soon start selling off the apartments individually as they become vacant.
The revamped building has been re-named ‘Majes Tower Roppongi’. It is across the street from The National Art Center, 200 meters from Tokyo Midtown and 600 meters from Roppongi Hills. Apartment prices will range from 60 ~ 200 million Yen (500,000 ~ 1.66 million USD), with an average price of around 1,630,000 Yen/sqm (1,260 USD/sq.qft).
A 47.88 sqm (515 sq.ft) studio apartment on the 8th floor is listed for 66,100,000 Yen, while a 117.14 sqm (1,260 sq.ft) 2-Bedroom apartment on the 6th floor is listed for 199,600,000 Yen.
Based on average rents, investor-buyers should expect gross yields the 2 ~ 3% range. Just 6 of the 83 apartments will be available for sale during the first round of sales this month. They will be ready for delivery to buyers from early 2016.
Because this was originally built as a rental building, it does not have floating floors (something commonly found in condominiums as a way to provide extra insulation and sound proofing, and allow for easier re-configurations of piping and layout). Ceiling heights are also a maximum of 2,450mm, which is average but a little lower than the 2,500 ~ 2,600mm found in luxury residences.Read more
The Westminster Roppongi
ROPPONGI, MINATO-KU, TOKYO
BUILT IN 2003 | 99 UNITS | 14 FLOORS
| SIZE RANGE: | 86 ~ 990 m² (925 ~ 10,652 ft²) |
| AVERAGE PRICE: | ¥5,000,000/m² |
[Foreclosed] Apartment in Park Mansion Roppongi
*Update: The property was withdrawn from the auction. This can occur when the creditor/s are either paid the outstanding debt or reach an agreement with the borrower. It was later listed for sale for 248,000,000 Yen.
A 3-bedroom apartment in the luxury Park Mansion Roppongi building is up for public auction this month.
Bidding on the 114 sqm (1227 sqft) apartment starts from 81,600,000 Yen (715,800 Yen/sqm). Apartments in this building are normally priced around 1.9 ~ 2.5 million Yen per square meter, with those overlooking Hinokicho Park going for as much as 3 million Yen/sqm. Read more
Grosvenor to sell luxury apartments in The Westminster Roppongi (aka Roppongi Arents)
International property development group, Grosvenor, will be selling off individual apartments in a luxury residential building adjoining the Roppongi Hills complex.
The Westminster Roppongi (previously named Roppongi Arents) is a 14-storey apartment building that was completed in 2003 - the same time as Roppongi Hills. Apartments range in size from 88.45 to 288.77 sqm (951 ~ 3107 sqft) and have previously been rented for between 470,000 ~ 2,200,000 Yen per month.Read more
Roppongi Hills Residence
ROPPONGI, MINATO-KU, TOKYO
BUILT IN 2003 | 793 UNITS | 43 FLOORS
| SIZE RANGE: | 30.75 ~ 363.81 m² (331 ~ 3,915 ft²) |
| AVERAGE PRICE: | ¥4,000,000/m²+ |