A 5,632-home redevelopment
The Harumi 5-chome West redevelopment covers approximately 18 hectares. It includes 21 mid/high-rise residential buildings, two approximately 180-meter towers and one commercial building.
4,145 for-sale and 1,487 rental homes
Of the project's 5,632 homes, 4,145 are for sale and 1,487 are rental units. The project reuses the former Tokyo 2020 athletes' village area as a major new residential district.
Supply and infrastructure must be assessed together
Large waterfront developments influence not only housing supply but transportation, schools, retail and local services. Investors should compare new-build prices with the surrounding resale market and the future supply pipeline.