Toranomon Area Property Guide - 2017

Toranomon is possibly the most exciting area in Tokyo at the moment for real estate development and activity. A lot of offshore buyers are still unfamiliar with the Toranomon area, despite it being right next door to Roppongi, but we are expecting this to change in the next 5 or so years as major projects are completed.

Over the past 10 years the resident population has increased by 48%. The average household size in 2017 is 1.8 persons, up from 1.68 in 2007. New residential developments will see the population rise further in the coming years as more people can move to the neighborhood.Read more


Mori announces 3.6 billion USD in projects around Toranomon Hills

Toranomon Redevelopment

Last month Mori Building announced details on three new high-rise towers planned for the Toranomon District. These three towers will surround Mori’s Toranomon Hills complex on the north, south and western sides.

The total project cost is estimated at around 400 billion Yen (approx. 3.6 billion USD), and completion is expected between 2019 ~ 2022 2023.Read more


Toranomon Hills 2-Bedroom Apartment For Sale

Toranomon Hills Residence for Sale

SOLD

It doesn’t get any better than this. We are excited to announce that a 2-Bedroom apartment in Toranomon Hills Residence, one of Tokyo’s most desirable and luxurious apartment buildings, has just become available for sale.

Toranomon Hills is a 247m tall, 52-storey tower containing office space on floors 6 ~ 35, condominium and rental apartments on floors 37 ~ 46 and the 5-star Andaz Hotel on floors 47 ~ 52. It is the second tallest mixed-use building in Tokyo, coming in at just 1 meter shorter than Tokyo Midtown.

Of the 172 apartments on the residential floors, only 70 were made available for sale with the remainder being kept by Mori as rental apartments. The 70 apartments were never publicly advertised for sale, and were instead offered by invitation to selected existing clients of Mori Building. All new apartments had sold out by the building’s completion in May 2014.

This 2-Bedroom apartment on the 45th floor is, to our knowledge, the very first apartment offered for re-sale in the building. It includes a wide balcony with wood decking, an open-plan kitchen, floor-heating in the living/dining room, and a master bedroom with walk-in closet. The apartment has not been lived in but is being sold fully-furnished and ready to move into. The interior finish has been upgraded by Kagami Reform. Furnishings include Armani and Cassina furniture, light fixtures and appliances. The apartment is north-east facing and has views towards the Toranomon, Roppongi and Akasaka areas, and Mt. Fuji on a clear day.Read more


Toranomon Hills Residence

Average price: 5 ~ 6 million Yen/sqm
Size range: 44.80 ~ 239.83 sqm (482 ~ 2581 sqft)

Area: Toranomon, Minato-ku, Tokyo

 ABOUT

Toranomon Hills is the latest luxury development from Mori Building.

Located in a prime business district between Shinbashi and Roppongi, the 52-story tower is already a local landmark and is spurring on additional redevelopment in the nearby area.

At a height of 247 meters, this is Tokyo's second tallest mixed-use building after Roppongi's Midtown Tower.

The building contains retail facilities, office space on floors 6 to 35, residences on floors 37 to 46, and Japan's first Andaz Hotel on floors 47 to 52.

There are 172 apartments, of which 70 were made available for sale with the remainder for rent. Most of the apartments had sold prior to the building's official opening on June 11, 2014.

Residents have access to bilingual support services, room service, housekeeping, catering, restaurant, and spa facilities offered in conjunction with the Andaz hotel (residents must pay a membership fee for these benefits, however).

While prices and sales were not publicly advertised, some suggest they were priced at a record-setting high of around 4 million Yen per square meter when brand new. Mori Building only ever builds apartments at the very top end of the market, and they still command high prices years after completion.

Mori's other high-end condominiums include:

  • Toranomon Hills Residential Tower (2022)
  • Ark Hills Sengokuyama Residence (2012)
  • Hirakawacho Mori Tower Residence (2009)
  • Roppongi Hills Residence (2003)

The MacArthur Road section of the No. 2 Arterial Ring Road runs directly underneath Toranomon Hills.

 LOCATION

Toranomon 1 Chome, Minato-ku, Tokyo

Toranomon Sta. - 5 min walk
Uchisaiwaicho Sta. - 8 min walk
Kamiyacho Sta. - 10 min walk

 BUILDING DETAILS
Completion: May 2014
No. of units: 172
Construction: 52 Stories
Construction Company: Obayashi Corporation
Developer: Mori Building
Carparking: 544 spaces
Land size: 17,069 sqm
Land ownership: Freehold
 IMAGES

 FLOOR PLANS
Toranomon Hills 43F Floorplan
43F 2-Bedroom 89.04 sqm (958 sqft) + 17.55 sqm balcony.
Toranomon Hills Residence 45F Floorplan
45F 2-Bedroom 88.70 sqm (954 sqft) + 17.55 sqm balcony.
 APARTMENTS PREVIOUSLY LISTED FOR SALE


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*Japan Property Central, K.K. is a fully licensed real estate agency. We are able to assist buyers with the purchase of apartments in this building and similar ones. Our fees to buyers are 3% + 60,000 Yen + consumption tax.


Park Court Toranomon Atago Tower

TORANOMON, MINATO-KU, TOKYO
BUILT IN 2008   |   231 UNITS   |   30 FLOORS

SIZE RANGE: 42.85 ~ 192.91 m² (461 ~ 2,075 ft²)
AVERAGE PRICE: ¥2,500,000/m²

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