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Livio Tower Shinagawa first phase condos sell out

  • Writer: Adam German
    Adam German
  • Apr 7
  • 1 min read

All 221 units in the first sales phase of Livio Tower Shinagawa sold out immediately after launching on March 29.


The announcement came from a five-company consortium on April 4. Developers include Nippon Steel Kowa Real Estate, Kanden Realty & Development, JR Kyushu, Keikyu Corporation, and Central Nippon Real Estate.


Livio Tower Shinagawa site, shown with the shining white light, in relation to the surrounding area.  Rendering courtesy of the developers.


Despite every unit being priced over ¥100 million (approx. $660,000), the most competitive unit saw 139 buyer applicants. The average application-to-unit ratio was 12.3 buyer applications for 1 unit available for sale.



Registration for prospective buyers began on February 22. The first release excluded compact, lower-floor units, making the price range for the first phase of sales between ¥104.98 million to a high of ¥529.98 million.


Source:

R.E. Port News (Japanese only)

 
 
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