Imperial Omotesando 4F

2-Bedrooms + 1 Bathroom, 71.43 sqm
Jingumae, Shibuya-ku, Tokyo

*This property sold in May 2016 and is no longer available*

Imperial Omotesando is a low-rise apartment building located 150 meters behind Omotesando Hills. The 5-storey building was developed by Tokyo Kosan and built in 1997.

This is a 2-Bedroom apartment on the 4th floor. It is south-west facing.

Jingumae 3-13 Land

248,000,000 Yen
(1,820,000 Yen/sqm)
Land with existing structure, 136.27 sqm
Jingumae, Shibuya-ku, Tokyo

This is a block of land with existing structure (a house) located just 600 meters from Omotesando Hills and 600 meters from the tree-lined Omotesando Dori Avenue.

The sale is for the land as well as the existing structure (a house). The house was built in 1974. It is 2-storeys, has a total floor area of 133.22 sqm (1,433 sq.ft) and was built with reinforced concrete. Due to the age of the structure, no value is given to the house and it is assumed that a buyer will demolish and re-build. Demolition costs were estimated at around 6,700,000 Yen (including tax).

The land is zoned as a Category I Mid/High-Rise Residential Zone.

High-rise planned for Omotesando former public housing site

Kitamachi Apaato 5The Aoyama Kitamachi Apaato, a city-operated public housing complex located on a prime 40,000 sqm site in the centre of Omotesando, is going to be replaced with a 20-storey high-rise apartment building.

The current site includes 25 public housing blocks containing a total of 586 apartments. They were built between 1957 and 1968 and are now in various stages of ageing and deterioration. The 4 and 5 storey buildings do not have elevators, and some of the earlier buildings did not have bathrooms (in those days the residents would have gone to local bathhouses).

Since 2006, Tokyo City has been slowly vacating the tenants in preparation of redevelopment. Almost half of the apartments are vacant, while remaining residents gradually move out.

Demolition is scheduled to start in 2017, and completion is expected in time for the 2020 Summer Olympics.

Terrace Shibuya Mitake 7F

1-Bedroom + 1 Bathroom, 51.88 sqm
Shibuya, Shibuya-ku, Tokyo

*This apartment sold in March 2016 and is no longer available*

Terrace Shibuya Mitake is a 17-storey apartment building located just 350 meters from the Shibuya Crossing and 450 meters from Harajuku Cat Street. The building includes a concierge desk, resident lounge and a rooftop sky terrace.

It was constructed using the base-isolation (menshin-kozo) method of earthquake resistant construction. This is the highest grade and most expensive option for earthquake-resistance and reduces the level of swaying.

This is a 1-Bedroom corner apartment on the 7th floor. It is north and west facing and includes two balconies, and open-plan kitchen and a storage closet.

Garden Terrace Jingumae 3F

3-Bedrooms + 1 Bathroom, 92.22 sqm
Jingumae, Shibuya-ku, Tokyo

*This apartment sold in April 2016 and is no longer available*

Garden Terrace Jingumae is a 9-storey apartment building located 650 meters from the site of the Olympic Stadium and 550 meters from Harajuku’s Takeshita Street. The building contains 14 apartments and was completed in 1999.

This is a 3-Bedroom corner apartment on the 3rd floor. There are only two units on this floor. It includes a south-east facing living room and kitchen, and three west and north facing bedrooms. The living room and bedrooms have ceiling-mounted built-in air-conditioning.

Apartment prices along Tokyo’s Chiyoda Line

ChiyodalineThe following data from Tokyo Kantei shows the change in apartment prices along the Chiyoda Subway Line. The first half this subway line runs through several high-end residential neighbourhoods in central Tokyo, before making its way north and terminating at Kita-Ayase in Adachi Ward.

Also, the line feeds into other lines including the JR Joban Line and Odakyu Odawara Line, and is one of the most used subway lines in Tokyo. Ayase Station, for instance, is the second most used station on the Metro with an average of 437,000 daily passengers changing trains, while Yoyogi Uehara has 250,000 daily passengers.

Otemachi, Nijubashi-mae, Hibiya, Kasumigaseki, and Kokkaigijido-mae Stations have been left out of the data. These stations are in the political and corporate headquarter districts of Tokyo and have very few residential properties.

The average price across all stations on the Chiyoda Line was 891,000 Yen/sqm in 2015, up 32.1% from 2014. The average building age was 20.5 years, down from 21.7 years in 2014. The average apartment size was 59.88 sqm (644 sq.ft), down from 63.08 sqm in 2014.

New retail project for Omotesando/Harajuku intersection

Coop Olympia Annex 1

The Jingumae 6 Chome District Redevelopment Committee is moving forward with plans to redevelop a prime 3,000 sqm retail site fronting both Omotesando and Meiji Dori Avenues.

The redevelopment committee was established in August 2015 and includes Tokyu Land (who acquired Coop Olympia Annex in 2013), Colombin Co. (a biscuit and cake company that have their headquarters next-door to Coop Olympic Annex), part of Tokyo Metro’s subway facilities (the Chiyoda and Fukutoshin Lines are both located nearby), and the Tokyo Metropolitan Government (owner of the Jingumae Onden Resident Hall).

Minami Aoyama Masters House 8-9F

1-Bedroom + 1 Bathroom, 75.91 sqm
Minami Aoyama, Minato-ku, Tokyo

*This property sold in June 2016 and is no longer available*

Minami Aoyama Masters House is a 9-storey apartment building located across the street from the Aoyama Cemetery. Features include concierge service and a 24hr caretaker.

This is a maisonette-style 1-Bedroom penthouse apartment on the 8th and 9th floors. It is east facing and has views over the Aoyama Cemetery and towards Roppongi Hills and Midtown. It includes an open kitchen, living room with vaulted ceiling, walk-in closet, storage closet, under-stair storage, view bath, and a separate guest toilet.

The land ownership share for this apartment is approximately 22.78 sqm.

The building is managed by Marubeni Community. On-site car parking can be rented separately from 39,000 ~ 46,000 Yen/month.

Apartment prices along Tokyo’s Ginza Line

The following table shows the change in apartment prices along the Ginza Subway Line (Japan’s oldest subway line). This subway line runs from Shibuya to Asakusa and passes through several of the city’s prime residential and business districts, many of which have seen a boost in prices over the past few years.

The average price across all stations on the Ginza line was 1,000,000 Yen/sqm in 2015, up 19.8% from 2014. The average building age was 21.0 years, down from 23.6 years in 2014. The average apartment size was 56.35 sqm (606 sq.ft), down from 60.76 sqm in 2014.

Shibuya Eins 11F

2-Bedrooms + 1 Bathroom, 70.73 sqm
Shibuya, Shibuya-ku, Tokyo

*This apartment sold in January 2016 and is no longer available*

Shibuya Eins is a 18-storey apartment building located 700 meters from the Shibuya Crossing and 300 meters from Harajuku’s Cat Street. The building was developed by Towa Real Estate and completed in 2001. There is a resident sky-lounge on the 15th floor and a 24-hr caretaker.

This is a 2-Bedroom apartment on the 11th floor. It is north-west facing and has floor heating in the living/dining, a master bedroom with walk-in closet, a storage closet and a separate trunkroom storage space. The interior was updated in December 2015 with stone counter-top in the kitchen, dishwasher, kitchen disposer, new bath, vanity and toilet, and new wallpaper and flooring.

The land ownership share for this apartment is approximately 21.09 sqm.

The estimated rent of this apartment is approximately 280,000 ~ 315,000 Yen/month*.