The Parkhouse Uehara

The Parkhouse Uehara 1

Average price: 1,500,000 Yen/sqm
Size range: 73.32 ~ 103.36 sqm (789 ~ 1,112 sqft)

Area: Uehara, Shibuya-ku


The Parkhouse Uehara is a low-rise apartment building developed by Mitsubishi Jisho Residence. It is approximately 150 meters north of the Tokyo University Komaba Campus and 2km west of the Shibuya Crossing.

The building was completed in October 2014, with apartments delivered to buyers from mid-December 2014.

When new, apartments were priced from 84 ~ 162 million Yen, with an average price of around 1,300,000 Yen/sqm.

Aoyama Park Tower 12F

3-Bedrooms + 1 Bathroom, 107.46 sqm
Shibuya, Shibuya-ku, Tokyo


*This apartment sold in October 2014 and is no longer available*

Aoyama Park Tower is the only luxury high-rise condominium within walking distance of both Shibuya and Omotesando. It is a popular building for celebrities due to the security, privacy and prime location.

The building is managed by Mitsui Fudosan Residential Service. Features include:

  • Front desk and concierge service
  • Rooftop deck for residents
  • Sky lounge
  • Doorman
  • 24hr caretaker

Aoyama Park Tower 5

This is a 3-Bedroom corner apartment on the 12th floor. It is south and west facing. The living room and two bedrooms are south-facing and receive a lot of natural sunlight. There are open views towards Shibuya. This apartment does need some renovation work as well as cleaning.

Why we like it:

  • It is the only 3-Bedroom apartment currently available in the building.
  • Building fees are relatively low.
  • Practical layout.
  • Great views towards the Shibuya Station area which is undergoing a massive redevelopment.
  • A 10 minute walk to the trendy and cool Omotesando Avenue and a 5 minute walk to Harajuku’s .
  • Low rental competition. As of September 8, 2014, there were only 4 apartments advertised for rent in this building (2 x 1-Bedrooms and 2 x 2-Bedrooms).

When sales first began in 2001, apartments had an average price of approximately 1,460,000 Yen/sqm. During the mini-bubble in 2007~2008, apartments were selling on the re-sale market for around 2,000,000 Yen/sqm. An identical apartment to this one on the 10th floor sold in July 2007 for 235,000,000 Yen (2,187,000 Yen/sqm).

Carparking is not included with this apartment but can be rented from 35,000 ~ 41,000 Yen/month (depending on availability). A trunkroom is included with this apartment. This building is pet-negotiable.

The land ownership portion for this apartment is approximately 22.42 sqm.



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