For Sale: 440sqm apartment in Motoazabu
Price: SOLD
Size: 441.47 sqm (4750 sqft)
This 1st floor apartment in Domus Motoazabu has an interior space of 441.47 sqm as well as a private garden of 326.14 sqm, bringing the total usable space to 767.61 sqm (8259 sqft). Read more
[Foreclosed] Mita Tsunamachi Park Mansion 15F
Court Evaluation: 70,000,000 Yen
*Update: The winning bid was 80,300,000 Yen. A total of 4 bids were made on the apartment and the winning bidder was a private individual.
This 2-bedroom apartment in Mita Tsunamachi Park Mansion is up for public auction. The building was developed by Mitsui and was Japan's first high-rise apartment development. The 15th floor corner unit overlooks the greenery of the Mitsui Tsunamachi Club grounds and also has views of Tokyo Tower. Because of its views, it was valued at 5% higher than apartments facing other directions. Carparking and a storeroom is included.Read more
Aoyama The Tower Penthouse for Sale
Price: SOLD
Size: 140.83sqm (1515 sqft)
This 23rd floor 3-bedroom penthouse apartment is located in one of the top condominium apartment buildings in the Omotesando area. The apartment is south and west facing and has uninterrupted city views. The monthly management and repair fund fees for this unit are 54,305 Yen/month.Read more
Garden Grass Minamiazabu (formerly Masuda Homes)
Average price when sold by the developer: 1,400,000 Yen/sqm (All units sold out by July, 2011)
Size range: 143.94 ~ 189.09 sqm
Garden Grass Minamiazabu was originally called Masuda Homes and was a small block of rental apartments built for the expatriate market. The 22-year old building was purchased by Atrium who completely renovated the building and then listed the individual apartments for sale. Since the bottom has fallen out of the expat rental market and vacancy rate for the luxury property market increase, these type of whole building renovation and sales are becoming more frequent as the rental apartments are longer providing profitable returns to the owners.Read more
Will people still buy high-rise apartments?
This is a translation of an article that appeared in Japanese tabloid Nikkan Cyzo, so take it for what it is.
The March 11 Tohoku Disaster changed the mindset of many Japanese. The real estate market was no exception, with many a shift in the mentality of buyers.Read more
Kawaguchi Apartments (1964)
Size range: 36.80 ~ 146.85 sqm
This apartment building was built in 1964 by Japanese novelist, playwright and movie producer, Matsutaro Kawaguchi, and one of his quotes is displayed in the building lobby. It was considered one of the most luxurious apartment buildings in Japan for its time and was featured in GQ Japan magazine in 2001 in an article on desirable places to live. In its early years, the residents included many prominent people from the theater and literary world. It is located in the Kasuga 2 Chome area in Bunkyo-ku which was originally a very high-class residential neighborhood.Read more
Living in a love hotel
Rent: 58,000 ~ 81,000 Yen/month
Tokyo-based property company, Landmarks Co., Ltd, have redeveloped a former love hotel in Sumida-ku into a rental apartment building. The studio apartments now have mini kitchens, bathrooms and, with the help of several designers, are finished in various modern and eclectic styles. The rooftop terrace was converted into a BBQ deck for residents (a rare thing to have in Tokyo apartments). The apartments have high-speed internet access, air-conditioning and there is also a washer/dryer room.Read more