Mitsubishi Estate's billion-yen apartments in Sendai officially go on sale
2026-07-14 09:30
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en.Wedoany.com Reported - Mitsubishi Jisho Residence (Mitsubishi Jisho Residence) began sales in June of the billion-yen apartment complex "The Parkhouse Grand Sendai Hirose-cho" in Sendai City. Located along the Hirose River, approximately 2 kilometers west of Sendai Station, this project is a six-story building with one basement level, comprising 47 units. All units are priced at over 100 million yen, with the central price range around 200 million yen.

"Billion-yen apartments" refer to luxury condominiums priced at over 100 million yen per unit. In major metropolitan areas such as Tokyo, Osaka, and Fukuoka, such properties have become relatively common, supported by robust demand from high-income groups, including dual-income high-earning couples and business owners. However, in recent years, billion-yen apartments have also been increasing in mid-sized cities, with some units referred to as "local billion-yen apartments." The popularity of these apartments in regional cities, where real estate prices are typically lower, has drawn attention.

"The Parkhouse Grand Sendai Hirose-cho" is not a station-front tower condominium but a low-rise apartment building, approximately a 10-minute walk from the nearest subway station, "Kotodai Park" on the Namboku Line. The project is currently under construction and is scheduled for delivery in mid-December 2027. Floor plans include 2LDK or 3LDK layouts, with exclusive areas ranging from 90.26 to 182.09 square meters, approximately 1.3 to 2.5 times the size of standard family-type units. Features include balconies with depths exceeding 2 meters.

Currently, the price range for new 3LDK condominiums in Sendai City is roughly between 50 million and 70 million yen. Compared to local market trends, "The Parkhouse Grand Sendai Hirose-cho," where all units are billion-yen apartments, is an exceptional case. According to media reports, the project has already received over 400 registrations, with the majority of applicants being business owners and medical professionals.

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