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Price when new: 46 ~ 230 million Yen (1,000,000 Yen/sqm)
Size range: 42.53 ~ 121.16 sqm (458 ~ 1,304 sq.ft)
Area: Harumi, Chuo-ku
Sales began in June 2017.
Park Tower Harumi is a 48-storey high-rise apartment building under construction on the man-made island of Harumi in Tokyo Bay. Mitsui Fudosan Residential acquired the site for 1.7 billion Yen, or 887,200 Yen/sqm.
The building will contain 1,076 apartments. Facilities will include concierge, laundry room, a hyperbaric oxygen capsule, share cycles, indoor/outdoor camping facilities and several resident lounges.
Apartments on the top floor are priced from 1,500,000 ~ 1,815,000 Yen/sqm depending on direction, with south-east and south-west facing apartments having the highest prices. Apartments over 100 sqm in size are considered ‘Premium’ apartments and are located on the top 2 floors of the building.
2 bedroom apartments are priced from 56 million Yen, and 3 bedroom apartments are priced from 64 million Yen.
Because the building is a little far from transport, a shuttle bus will operate on certain times between the building and Tsukishima.
Completion is scheduled for May 2019 with apartments ready for delivery to buyers from September 2019. Construction was originally scheduled to be completed by June 2017, however the completion date has since been delayed by 2 years.
The northern side of the site was a former cement factory. This site is also earmarked for a potential redevelopment in the future.
Harumi Island was reclaimed in 1929 and originally used for port facilities and factories. The south-western end of the island will be home to the Athlete’s Village for the 2020 Tokyo Olympics. After the Olympics, the Village will be converted into residential apartments for rent or sale.