On November 29, real estate company ES-CON JAPAN announced that all 37 resort-style apartments co-developed with Ost Development GK in Karuizawa had sold out before completion.

Øst Residence Karuizawa is a luxury, low-rise residential development on over 15,000 sqm of land just an 8-minute drive from Karuizawa Station. Resident services include housekeeping, arranging caterers, delivering cars and organizing tours. Residents also have access to a clubhouse with dining area and lounge.

Construction is to be completed by the end of December 2021. The grand design was executed by HK-based Norwegian Chris Fjelddahl, with interiors by Atelier Ikebuchi.

Karuizawa has several resort style condominiums that have recently been completed or are under construction. They include Duo Hills Gran Kyu-Karuizawa, which will be completed with 19 apartments in February 2022, and Royal Principal Karuizawa, which will be completed with 19 apartments earlier this year. In Royal Principal Karuizawa, two-bedroom apartments (84 sqm) start at 118.8 million yen (about $1.05 million) and three-bedroom apartments (113 sqm) from 158.8 million yen (about 1.4 million dollars). dollars).

Source: REPort, November 29, 2021.

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