Premium pricing no barrier as Premist Tower Funabashi attracts thousands of inquiries

Daiwa House Industry has opened the model room for Premist Tower Funabashi, a major condominium project in Funabashi, Chiba Prefecture, developed with Tokyo Tatemono and Keisei Electric Railway.

Exterior arial CG rendering graphic courtesy of the Premist Tower Funabashi developer website.

The high-rise will connect directly to Funabashi Station via a pedestrian deck and sit amid a cluster of retail facilities, making it one of the rare new-build condominiums so close to the station.

Despite prices exceeding ¥100 million for a typical 70 m² unit, the project has already generated more than 7,000 inquiries.

Entrance lobby CG rendering courtesy of the developer website.

The 51-story tower, rising about 192 meters, will be the tallest condominium in Chiba. It is under construction on the former site of the Seibu department store and is set to achieve ZEH-M Oriented and low-carbon building certifications.

Completion is scheduled for March 2028, with Hazama-Ando Corporation as general contractor.

High floor view perspective CG rendering courtesy of the developer website.

Commercial and office spaces, bicycle parking, and disaster-response facilities will occupy the lower floors. Two pedestrian walkways will link the building to nearby stations, connecting to open public areas with greenery.

Residents will have access to amenities including a café lounge, workspaces, fitness room, library, party room, and guest suites.

Room interior sample photo from model room courtesy of R.E. Port News.

Units begin on the 6th floor and range from 1LDK to 3LDK (approx. 43–134 m²). Interiors are offered in three grades - Superior, Upper Suite, and Top Suite - with higher floors featuring increased ceiling and window heights, tiled finishes, and customization options.

Standard features include ceiling cassette air-conditioning in living rooms, floor heating, dishwashers, disposers, and hands-free key entry.

More than 800 groups have toured the model room since November, with weekly registrations of 200–300.

About 60% of inquiries come from within Chiba, particularly Funabashi residents, while Tokyo accounts for around 30%.

Key interest groups include local senior-citizen downsizers, buyers comparing options with central Tokyo towers, and investors - corporate buyers included - seeking asset value appreciation.

Prices for typical 3LDK units are expected to exceed ¥100 million, with tsubo pricing likely above ¥6 million. Top-floor residences may surpass ¥700 million.

Source:

R.E. Port News (Japanese only)