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CDL to take 20% stake in 163-unit Tokyo residence

Total gross development value of Park Court Aoyama The Tower is around S$668 million

Apartment sizes in the 26-storey tower range from 389 to 3,789 sq ft. Prices for the initial 55 units range from 178.8 million yen for a one-bedroom unit to 271 million yen for a three-bedroom unit.


CITY Developments Limited (CDL) plans to buy a 20 per cent stake in a 163-apartment development in the Aoyama area of Tokyo for an undisclosed amount, the company announced on Tuesday.

The exact price that CDL will pay to developer Mitsui Fudosan Residential Co has not...

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