The Upper Residences at Minami-Aoyama 2F

1-Bedroom + 1 Bathroom, 77.83 sqm
Minami Aoyama, Minato-ku, Tokyo
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*This apartment sold in July 2017 and is no longer available*

The Upper Residences at Minami-Aoyama is a 7-storey apartment building located in the trendy Omotesando district. It was originally built in 1992 as expat-style rental-only apartments. The building acquired by TSM Asset Management in 2013 with renovations and interior renovations carried out in 2013~2014. As tenants began to move out, the apartments were offered for sale.

The 41-unit building was constructed by Takenaka Corporation – one of Japan’s top construction giants.

The Minami Aoyama 5 Chome address is home to just 632 households and 1,334 residents. Residential buildings in this area are predominantly low-rise, with a mixture of houses, condominiums and rental-only apartment buildings. Further up the street from The Upper Residences is ‘The Parkhouse Gran Minami Aoyama’ which was completed in August 2016. The Parkhouse building sold-out prior to completion with an average of 9.6 applications made per apartment offered for sale. When new, apartments were priced from 150 ~ 770 million Yen (average price of 2,300,000 Yen/sqm).

This is a 1-Bedroom apartment on the 2nd floor. It is east facing. The interior has not been renovated.

The land ownership share for this apartment is approximately 41.70 sqm.

Jingumae City Tower 11-12F

SOLD

1-Bedroom + 1 Bathroom, 90.36 sqm
Jingumae, Shibuya-ku, Tokyo
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*This apartment sold in August 2017 and is no longer available*

Jingumae City Tower is a designer-style apartment building located in the trendy Jingumae neighbourhood. The building won a Good Design Award in 2003.

This is a 1-bedroom maisonette apartment on the 11th and 12th floors (the top two floors of the building). The corner unit is north and east facing and includes a master bedroom suite with full bathroom and spacious balcony on the 11th floor, and a living area on the 12th floor. The living and dining room opens onto a large 20 sqm rooftop deck with sink and counter for entertaining.

House Minami Aoyama 2F

2-Bedrooms + 1 Bathroom, 108.78 sqm
Minami Aoyama, Minato-ku, Tokyo
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*This apartment sold in March 2017 and is no longer available*

House Minami Aoyama is a vintage apartment building located in the heart of Omotesando and is surrounded by designer boutiques, including Prada and Miu Miu, and laid-back cafes. The Minami Aoyama 5 Chome address is one of the most desirable residential addresses, and supply is limited.

The building was completed in 1978 and contains 14 apartments over 4 floors.

This is a 2-Bedroom corner apartment on the 2nd floor. It is located at the rear of the building and away from the street. It includes an open-plan kitchen and a spacious south-east and south-west facing living room. The interior was updated in September 2016 with a raised ceiling, new kitchen, bathroom, carpeting, floor tile, wallpaper, air-conditioning, and new water pipes.

The land ownership share for this apartment is approximately 52 sqm.

Imperial Omotesando 4F

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

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
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*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
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*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
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*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.

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