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New Homes in the Heart of the City

Harumi Flag is Tokyo’s newest urban area and was brought to the world’s attention during the Tokyo Olympics as the home to the athletes and their support staff. Now, units in these premium, centrally-placed condominiums are on sale to overseas investors – at very competitive prices. Demand from local tenants is high – resulting in attractive rental yields of between 5.5% – 6.5% (estimated*).

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Harumi Flag: Highlights

  • Total area: 18 hectares with 24 brand-new condominiums constructed
  • 5,632 privately-owned and rental flats, housing approx. 12,000 residents
  • Residential area fully functional by 2023, completion by 2024
  • Green spaces totalling approximately 40,000 sqm – 40% of the total area
  • All-inclusive town plan with new schools, gymnasiums, swimming pool, commercial and childcare facilities
  • Dedicated rapid-transit access to nearby business districts and transport
  • Environmentally sustainable through a hydrogen power grid – the first of its kind in Japan
  • Global recognition – was used as the athlete’s village during the Tokyo Olympics and Paralympics

Property Gallery

Please note that the images are renderings and may differ from the actual case.

Investment Opportunity

Harumi Flag is a brand-new condominium development complex in the Chuo Ward of Tokyo, with 24 new buildings constructed.

Apartments across the Harumi Flag development are desirable with local tenants and buyers. The reasons why? Apartment units are built to a very high standard and have relatively larger floor plans. There are many premium common facilities in the condominiums and throughout the townscape. It’s also in a very convenient location and has extensive greenery and parks.

Value Proposition

With pricing per sqm indicated within a JPY800k – JPY1mln range, it should come as no surprise that Harumi Flag has received a considerable amount of interest from local buyers. Compared to an avg. price per sqm of JPY1.3mln for other nearby recent developments and an avg price per sqm of JPY2.9mln for those in Minato-ku, these units offer an attractive investment opportunity.

On a recent release of 631 units, the selling company received over 5,500 applications, more than eight times oversubscribed!

Phased Sales

The apartments are being sold in several phases and 50% of the properties have been sold in the 1st phase. Despite this, top-floor apartments with spectacular rainbow bridge views are still available.

For the next release phase, applications must be received between 28 March and 10 April 2022.

Don’t miss the unique prospect to own a part of history!

Learn more about the price trends across Tokyo and the prices of comparable units.

Example Investment Cases

The Harumi Flag development area is divided into four ‘villages’ with the following names: Sun, Park, Port, and Sea. Of these, apartments in Port Village are reserved for rent only and are not available for purchase.

Across Sun Village, Park Village and Sea Village, there are 16 condominium buildings and a total of 4145 units – all are being made available for purchase either as an owner-occupied residence or as an investment property.

Case 1

A typical family-sized unit with 3 bedrooms in Park Village.

UnitB410
PriceJPY 62,700,000
Layout3 bedrooms
Size80.19 sqm
Estimated Monthly Rent*JPY 340,000
Estimated Gross Yield*6.5%

*The monthly rent is not guaranteed and could differ from the estimated figure presented.

Case 2

A larger family-sized unit with 4 bedrooms in Sun Village.

UnitC1610
PriceJPY 107,900,00
Layout4 bedrooms
Size106.57 sqm
Estimated Monthly Rent*JPY 495,000
Estimated Gross Yield*5.5%

*The monthly rent is not guaranteed and could differ from the estimated figure presented.

Development Site Overview

Promotional Video

Watch the project video to understand the overall scale and scope of this brand-new town development in Harumi, Chuo-ku, Tokyo.

Comparisons

Chuo Ward Continue to Offer Good Value

Apartment prices in Tokyo have continued to rise over the past 10 years, with Minato Ward experiencing 4.53% CAGR, Chuo Ward of 4.56% and Tokyo as a whole, 4.19%.

Property Summary

Location5-chome Harumi, Chuo, Tokyo
AccessKachidoki Station (Toei Oedo Line), 21 min. walk
Direct access via rapid bus service (BRT) to Kachidoki and Shinbashi stations
Total Units4,145 (Sea Village 686 units; Sun Village 1,822 units; Park Village 1,637 units)
Unit size61.06 sqm – 106.57 sqm
Floorplan2 – 4 bedrooms (2LDK – 4LDK)
Price JPY 49,000,000 – 107,000,000
Land size96,250.26 sqm (Sea Village 23,633.2 sqm; Sun Village 37,441.27 sqm; Park Village 35,175.79 sqm)
StructureReinforced Concrete, 14 to 18 storeys, 1 basement
CompletionAutumn 2023

For further details on the three ‘villages’ within the development, please see the development details page.

*Please note that the development plan may be updated, and the above details are subject to change.

Central Location, Convenient Access

Harumi Flag is centrally located – with a prime seafront location in Tokyo Bay – providing easy access to key business and retail districts. Residents can enjoy a refreshing feeling of openness and enviable views of downtown Tokyo and Rainbow Bridge.

Many business districts are a short distance away, allowing workers to easily access their office by various methods, including bicycle, bus, taxi, train, or even on foot.

A dedicated rapid bus service also provides a fast connection to Shinbashi and the wider Tokyo transport network.

Enquiries

To learn more about this outstanding investment opportunity, please complete the below form or get in touch with Junpei Fujioka directly.

Agent: Junpei Fujioka

Contact Details

harumiflag@hjrealestate.com.sg
+65 6653 8319 (Office)
+81 90 2306 1608 (Mobile)