On April 12 Daiwa House announced details on their newest and highest grade of custom-built homes aimed towards wealthy buyers. The ‘PREMIUM Gran Wood’ homes are wood-framed houses with construction costs starting from 300,000 Yen per square meter (255 USD / sq ft), not including land purchase costs. With additional options and finishes, construction costs can exceed 600,000 Yen/sqm. The average house is expected to cost a minimum of 50 million Yen (approx. 460,000 USD) to build.
Daiwa is expecting to build 50 of these houses in their first year of sales.
The model house in Ashiya City, Hyogo Prefecture, features 2.6m high custom triple-glazed windows, double glass wool and foam board insulation, interior courtyard garden, open-plan kitchen and a sunken living room. It has a total floor area of 150 sqm (1,615 sq ft) and has a construction cost of 92,300,000 Yen (approx. 850,000 USD).
Since the introduction of their pre-fab houses in 1959, Daiwa House has built over 600,000 detached homes across Japan.
The Kobe Shimbun, April 13, 2017.
Daiwa House News Release, April 12, 2017.