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The Forefront of Shibuya Redevelopment – Moderno Torre Shoto is sold out!

2025/5/29

Property News

The large-scale redevelopment centered around Shibuya Station is a once-in-a-century historical project. Initiated in 2012, this extensive urban renewal plan has now entered its final phase, with full completion scheduled for fiscal year 2034. 

New landmarks such as Shibuya Hikarie, Shibuya Stream, and Shibuya Scramble Square are transforming the area into a New Shibuya where offices, commerce, culture, and residential life merge. No longer just a youth-centric neighborhood, Shibuya is evolving into a world-class city, multifunctional city — attracting strong interest from both domestic and international investors and residents.

Just a 10-minute walk from the heart of Shibuya lies Sho-to, a serene and prestigious residential area distinctly removed from the hustle and bustle. The high-rise “Moderno Torre Sho-to”  has been sold out. This property offers a rare opportunity to enjoy both the convenience of central Shibuya and the tranquility of Sho-to’s refined residential neighborhood. This is a highly anticipated residence where you can enjoy life while building long-term value. 

Despite its central Tokyo location, every room in this property enjoys stunning views of Mt. Fuji—a rare luxury. To the southwest lies a quiet residential zone with no obstructing buildings, offering exceptional openness, especially from the corner unit. The spacious balcony overlooks the lush greenery of Komaba-Todai and nearby parks, offering a rare sense of natural serenity in the heart of the city. 

This high-rise residence meets Japan’s latest earthquake-resistant standards and features an award-winning design that has earned the Good Design Award. Its refined exterior and interior elevate the aesthetics of everyday living. The combination of elegant design and tranquil ambiance makes this property ideal for nurturing your assets while living in comfort.

Urban Development & Investment Potential

Through these redevelopment projects, Shibuya is undergoing a profound transformation—from its former identity as a hub of youth culture to a global city where people live, work, and invest. 

The impact of redevelopment is already evident, with land and housing prices on the rise. By the time these projects are completed in the 2030s, property values are expected to increase significantly. 

In an era where real estate decisions are made from the perspectives of practical use, asset formation, and potential resale gains, the Shibuya location stands out as offering exceptional investment potential. 

 
Tokyu Department Store Main Branch (Now Closed)      Tokyu Bunkamura (Now Closed)

Located within a 10-minute walk from Moderno Torre Sho-to, the Shibuya Upper West Project is scheduled for completion in 2029. It is a large-scale redevelopment initiative in the Shibuya West Exit area. Jointly developed by L Catterton Real Estate and Tokyu Corporation, the project aims to create an integrated urban complex that brings together offices, residences, retail, and cultural facilities by reorganizing the cultural and commercial zone around Bunkamura.

This redevelopment is significantly enhancing Shibuya’s functionality and appeal as a residential area, and a notable increase in land prices has already been observed. For example, in 2025, the officially published average land price in Shibuya Ward reached 3,293,000 yen per square meter (approximately 10.88 million yen per tsubo), marking a 5.2% increase year-on-year. This trend clearly reflects the positive impact of the ongoing redevelopment on property values.

Furthermore, over the past 5 years, prices of newly-built or recently-built high-rise condominiums within walking distance of Shibuya Station have increased by 15% to 25%. This trend underscores the growing market appreciation for properties that are both close to the station and located in high-rise developments.

These figures further reinforce Shibuya’s exceptional potential for future growth and capital appreciation. As redevelopment progresses, continued upward trends in property values are anticipated. Over the next decade, Shibuya is expected to remain one of the most sought-after districts in Tokyo. 

Moderno Torre Sho-to is a rare residence that offers both exceptional comfort and strong investment potential—a home that opens up to the promising future of Shibuya.

Currently, GLOCALY is listing many charming properties, including Moderno Torre Sho-to.
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