Tall & Urban News

Sales in Toranomon Hills Residential Tower officially started on 28 June 2021 with two apartments over 3,000 square feet (278 square meters) listed.

This is the 215-meter-tall, 54-story fully residential tower next door to Toranomon Hills. Construction was originally scheduled for completion by January 2021 but has been pushed back to January 2022, with occupancy to start from May 2022. The building will have a total of 547 apartments, which will be a mix of rental-only and condo-type units. It appears only four apartments will be made available for purchase as indicated on the publicly released building outline.

Off-the-plan sales began earlier but on an invitation-only basis.

According to the publicly released sales information, the two units are on the sky suites located on floors 43 to 54. Both units have four bedrooms and three full bathrooms. A 314-square-meter (3,388-square-foot) unit on the north and west corner is priced at ¥1.42 billion (approx. US$12.8 million), while a 3,79-square-meter (4,079-square-foot) unit on the south and east corner is priced at ¥2.5 billion (approx. US$22.6 million). 

The 40%+ difference in the price per square meter of these two apartments may be due to the direction they are facing. The southern exposure will get the most natural light and have unobstructed views of Tokyo Tower and Tokyo Bay (although those views are not guaranteed), while the northern corner will look towards the Toranomon Hills building nearby, and the still-under-construction 265-meter-tall Toranomon Hills Station Tower.

For more on this story, go to Japan Property Central.