Park Tower Shibuya Honcho close to selling out

Mitsui’s new condominium in Shibuya-ku is close to selling out, despite completion being eight months away. Sales in the 21-storey building first began in late 2012, and by the end of the year over 100 of the 142 apartments had contracts on them. As many as 30 ~ 40 potential buyers visit the showroom each weekend, so it seems very possible that the remaining apartments will soon be sold.

The average apartment price is approximately 912,000 Yen/sqm (roughly 10,000 USD/sqm), while the average price for apartments in the second stage of sales is 888,000 Yen/sqm. A 1-bedroom is priced from 41,300,000 Yen, while 2-bedroom apartments start from 48,200,000 Yen.

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