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Mori bets on luxury condo demand in Tokyo

It is constructing 3 buildings at a cost of 400b yen in Toranomon district; project will include units priced from 1b yen

The Toranomon property will be more upscale than Roppongi Hills (right), the Tokyo complex completed by Mori in 2003.The development, which includes a 54-level structure, is scheduled for completion in about 2020.


MORI Building Co has started work on a luxury residential development in Tokyo that will include units priced from 1 billion yen (S$11.9 million), betting there is untapped demand for the most upscale apartments in the city.

Japan's largest privately owned developer is

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