| Building | Sold Price (Yen/sqm) | (USD/sq.ft) | Days Listed | Discount |
|---|---|---|---|---|
| Grand Hills Ebisu (2019) 2-Bedroom | ¥3,389,000 /sqm | $2,395 /sq ft | 1 | 2% |
|
Grand Hills Ebisu was originally named City Tower Ebisu, and is a 23-story, 310-unit high-rise in Ebisu. There are currently 11 sale listings with an average list price of 2,885,000 Yen/sqm. Apartments over 100 sqm in size have an average price of 3,935,000 Yen/sqm, and apartments under 80 sqm in size have an average price of 2,610,000 Yen/sqm. This apartment has been the most expensive reported resale in this building on a price-per-square-meter basis to date. It sold for 50% more than a similarly-sized apartment a few floors down sold for in late 2020. |
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| Motoazabu Clatio (2004) 3-Bedroom | ¥3,037,000 /sqm | $2,145 /sq ft | 119 | 4.2% |
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Motoazabu Clatio is a 5-story apartment building atop the Motoazabu neighborhood in central Tokyo. It has just 16 apartments ranging from 150 ~ 259 sqm in size. This apartment sold for 41% more than it previously traded for just 13 months earlier and has been the most expensive sale in this building on a price-per-square-meter basis to date. |
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| Proud Ebisu Hillside Garden (2020) 2-Bedroom | ¥2,975,000 /sqm | $2,100 /sq ft | 12 | 0% |
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Proud Ebisu Hillside Garden is a luxury hotel and condominium complex located a 3-minute walk from Ebisu Station. The 11-story building has a total of 88 apartments. When new, apartments were priced from 1,900,000 ~ 3,900,000 Yen/sqm. This apartment sold for approximately 14% more than its price when brand new and 3% more than an identical apartment on a higher floor sold for in 2021. |
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| Grand Suite Azabudai Hilltop Tower (2014) 2-Bedroom | ¥2,917,000 /sqm | $2,060 /sq ft | 259 | 13.3% |
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Grand Suite Azabudai Hilltop Tower is a 166-unit, 29-story high-rise located near the Russian Embassy and across the street from the 580 billion Yen Azabudai Hills project (to be completed later this year). When pre-sales began in 2013, apartments had an average price of around 1,360,000 Yen/sqm. There are currently five sale listings in the building with an average asking price of 3,100,000 Yen/sqm. The average sale price to date in 2023 is around 2,685,000 Yen/sqm, up 4% from 2022 (2,580,000 Yen/sqm), and up 15% from 2021 (2,325,000 Yen/sqm). This apartment sold for 103% more than its price when brand new and has been the most expensive reported resale in this building on a price-per-square-meter basis to date. It sold tenanted with a gross yield of 2.3%. |
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| The Roppongi Tokyo (2011) 2-Bedroom | ¥2,710,000 /sqm | $1,915 /sq ft | 31 | 5.3% |
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The Roppongi Tokyo is a 39-story, 611-unit high-rise in the Roppongi neighbourhood with concierge, gym, guest suite and resident lounge. The current average asking price in this building is 3,660,000 Yen/sqm, with apartments over 80 sqm in size having an average ask of 3,850,000 Yen/sqm. The average sale price to date in 2023 is 2,580,000 Yen/sqm, up 2.8% from 2022 (2,510,000 Yen/sqm), and up 12.7% from 2021 (2,290,000 Yen/sqm). This was a compact apartment on a low floor. It sold for 33% more than an identical apartment one floor down sold for in late 2021. |
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About the data:
- The data is based on information supplied to REINS by agents.
- This information is voluntarily provided, and not all transactions are recorded.
- Japan Property Central cannot guarantee the accuracy of the information provided.
- The discount, for example, is based on the last advertised listing price at the time of sale, rather than the original list price.
- Some listings are constantly updated, so the days listed between listing on REINS and final sale may not be accurate. The days listed are also based on the day that the agent registered the property as being sold, which is sometimes done on the day of the contract signing, settlement or even later if the agent forgets to update the listing.
- Not every sale is reported above.
- Price per square meter or per square foot is calculated based on the apartment’s internal floor area and does not include balconies, car parks or common areas.
- Exchange rate is at the time of publishing the article and is subject to change (1 USD: 131.56 Yen).
