Mori Trust will begin sales of apartments in their latest luxury development – Foretseine Akasaka Hinokizaka – at the end of November, with most apartments priced in the 300 million Yen range.
41 of the 54 apartments will be offered for sale with the remaining 13 going to the original landholder. Apartments range in size from 73.46 ~ 170.46 sqm and will be priced from around 110 ~ 470 million Yen.
The 7-storey building is located in an exclusive and historically high-priced area at the peak of Hinoki-zaka slope near Tokyo Midtown. It is next door to Proud Akasaka Hikawacho (2007; prices around 2,000,000 Yen/sqm) and across the street from Park Mansion Roppongi (2007; prices around 1,900,000 ~ 2,500,000 Yen/sqm).
Previews of the model room will start tomorrow (October 18).
The Foretseine brand is the highest-grade of apartments offered by Mori Trust and are built in limited supply and only in the most prime of locations.
Residents will have access to a bilingual concierge with services provided in a tie-up with the Hotel Okura. Several apartments will also feature either a private garden (17.03 sqm), terrace (12.79 ~ 80.71 sqm) or a roof terrace (16.53 ~ 67.49 sqm).
A unique feature of this building is the garage. There will be 49 flat car parks, including 3 which have their own extra-secure and private lock-up garages within the basement parking. The 3 private garages are accessed individually by stairwells from the ground floor.
The building will be constructed using the base-isolation (menshin-kozo) method of earthquake-resistant construction. This is the highest grade, and reduces the level of swaying in an earthquake.
There will also be a 72-hour back up generator for use in the event of a power outage. Each apartment will also be fitted with a power socket that is connected to the generator, so things like mobile phones can be charged.
Construction is scheduled to be completed by January 2016, with apartments ready for delivery by March 2016.
|Location||6-19 Akasaka, Minato-ku, Tokyo|
|Transport||Roppongi Station – 6 min walk|
Roppongi Itchome Station – 8 min walk
Akasaka Statio – 9 min walk
|Land size||2,645.20 sqm (Freehold)|
|Construction||7 floors + 2 basements, Reinforced Concrete|
|No. of apartments||54|
|Apartments offered for sale||41|
|Price range||110 ~ 470 million Yen range|
|Majority price range||300 million Yen range|
|Type||1 Bedroom ~ 3 Bedrooms|
|Size||73.46 ~ 170.46 sqm|
|Sales||Scheduled to begin late November, 2014|
|Building completion||Late January 2016 (scheduled)|
|Delivery||Mid March 2016 (scheduled)|
|Construction company||Maeda Corporation|
Source: Mori Trust Press Release, October 14, 2014.