For Sale: Historic Taisho-Modern House in Shinjuku


*Update: This property is no longer available.

One of the first homes to be built in the Mejiro Bunka-mura subdivision is for sale. The pre-war home is one of just a very small number of surviving historic houses in this neighbourhood. As much as 70% of the Bunka-mura neighbourhood was destroyed during air raids in 1944 and 1945, while urban development in recent decades saw the demolition of many the few remaining original residences.

Although the age of this house is unknown, the Taisho-Modern style house could potentially be 90+ years old.

The property is being sold as land only, with the house to be included as-is. No value has been placed on the house as it is expected a buyer will demolish it to build a new one. As such, it is listed at land value. 

Strong pre-sales in Shinjuku’s 60-storey apartment building

The Parkhouse Nishishinjuku Tower 60 1

On February 23, Mitsubishi Jisho Residence announced that all 325 apartments initially offered for sale in The Parkhouse Nishishinjuku Tower 60 have received purchase applications. The building, which won’t be completed for another 2.5 years, is now 40% sold.

Apartments were offered for sale from February 14th ~ 22nd. A total of 713 applications were made on the 325 apartments, with lucky buyers selected from a raffle. The most popular apartment received 14 applications. Approximately 2,000 groups visited the sales office and 8,000 requests were made for sales brochures.

Geo Gyoen Naitomachi

Geo Gyoen Naitomachi 1

Average price: 1,500,000 Yen/sqm
Size range: 51.02 ~ 112.14 sqm (549 ~ 1,207 sqft)

Area: Naitomachi, Shinjuku-ku

 ABOUT

Geo Gyoen Naitomachi is located approximately 70 meters east of the Shinjuku Gyoen National Garden (300 meters from the park entrance) and 800 meters north of the National Stadium (which is being redeveloped for the 2020 Summer Olympics).

West facing apartments on higher floors may have views of the park and the Shinjuku skyline. The neighbourhood located between Geo Gyoen Naitomachi and the Shinjuku Gyoen National Garden has building height limits in place.

Sales began in November 2014 and all new apartments had sold out by September 2015. When new, apartments were priced from 58.9 ~ 199.8 million Yen, with an average price of around 1,400,000 Yen/sqm. East-facing apartments on the low floors without views of the park had an average price of around 1,070,000 Yen/sqm when new, while west-facing apartments on high floors with views had an average price of around 1,560,000 Yen/sqm. Apartments over 100 sqm had an average price of 1,700,000 Yen/sqm.

La Tour Shinjuku Grand 30F

2-Bedrooms + 1 Bathroom, 100.55 sqm
Nishi Shinjuku, Shinjuku-ku, Tokyo
SOLD

La Tour Shinjuku Grand 3

Description: 

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

La Tour Shinjuku Grand was developed by Sumitomo as a mixed office and luxury rental apartment building. A small number of apartments, such as this one, were provided to original landholders so it is rare to find one available for sale. Features include concierge service, a gym and ceiling heights up to 3.7m.

This is a 2-Bedroom apartment on the 30th floor. It has very high ceilings, a loft space, IH Cooktop, gas oven, floor heating and built-in air conditioning.

Car parking is available from 40,000 Yen/month (subject to availability).

Location:

  • Shinjuku Central Park: 650 meters
  • Tokyo Metropolitan Government Building: 900 meters
  • Hilton Tokyo Hotel: 600 meters
  • Park Hyatt Tokyo Hotel: 1,300 meters

Floorplan:

TEPCO to sell Shinjuku hospital

Tepco Hospital ShinjukuTEPCO will be selling their Tokyo Denryoku Hospital in Shinjuku-ku to Tokyo Tatemono for an estimated 10 billion Yen (99 million USD). This works out to approximately 1,850,000 Yen/sqm for the land.

Tepco had originally planned to keep the hospital, but at a general shareholders meeting in June 2012, major shareholder and governor of Tokyo Naoki Inose demanded the building and land be sold. 

60-storey apartment building for Nishi-Shinjuku

A new high-rise apartment building is planned for Nishi Shinjuku. At 60-storeys, it will be the tallest apartment building in Japan (based on the number of floors). Construction work is set to begin in January 2014, with completion scheduled for 2017.

The Nishi Shinjuku 5 Chome Centre North District redevelopment site was originally a densely crowded neighbourhood of wooden houses. The area posed a fire and safety hazard and many of the older homes were not earthquake resistant. Of the 92 low-rise buildings to be demolished, 83 (92%) were not fireproof.

Local residents, wanting to redevelop their neighbourhood, banded together in 1997 to form a redevelopment association to hasten the development of the area.

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