News: JLL tempts Singapore investors with Tokyo project

Jun 21, 2019

Singapore investors can look forward to owning a property in Tokyo, with the launch of Branz Otemachi – a 13 storey residential development located within Tokyo’s bustling financial district. It offers 44 units starting at $513,100.

Developed by Tokyo Land Corporation, the project offers 44 studio, one- and two-bedroom units, with prices starting at $513,100 for a studio unit.

Branz Otemachi is within walking distance to Otemachi Financial District, and is located near Tokyo Station and Ginza Station.

Although the population grew 16.34 percent over the last five years, residential properties within the area is scarce, with only five residential properties built in the last 24 years. With this, land prices in Otemachi rose 5.45 percent from the previous year.

A redevelopment project is undergoing at Tokyo station. Eight Buildings at the eastern part of Tokyo station will offer more retail and office spaces, bus terminal, international schools and a hotel.

The project is jointly launched by Tokyu Land Corporation and Jones Lang LaSalle. Handover of Branz Otemachi is scheduled for November 2019.

For more details, you may attend JLL’s Tokyo Market Update and Launch of Branz Otemachi event at Republic Plaza on 27 June at 7pm.

Looking to buy a home in Singapore instead? Get more insights on the right locations for your new home at AreaInsider.

Fiona Ho, Digital Content Manager at PropertyGuru, edited this story. To contact her about this or other stories, email fiona@propertyguru.com.sg

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