Osaka Gas Urban Development Completes Rental Apartment Building in Kinshicho
URBANEX Kinshi Koen III, a rental apartment building developed by Osaka Gas Urban Development in Taihei 3-chome, Sumida Ward, Tokyo, was completed on June 30, 2026. The property has a total of 40 units.
The property is a six-minute walk from Kinshicho Station on the Tokyo Metro Hanzomon Line and a seven-minute walk from Kinshicho Station on the JR Sobu Line and Sobu Rapid Line. It rises 11 stories, with layouts running from 1LDK to 2LDK and unit sizes of 27.23 to 40.86 sq. m (approx. 300 to 400 sq. ft.). It is the first property in the Tokyo metropolitan area under the company's URBANEX rental apartment brand to earn ZEH-M Oriented certification.
Average asking rent for rental housing within a 10-minute walk of Kinshicho Station rose roughly 24% over the three years through August 2026 and now stands at about JPY 17,000 per tsubo. That is broadly level with the area around Ryogoku Station, the adjacent stop on the JR Sobu Line, while the area around Kameido Station remains a step lower at about JPY 15,600 per tsubo (compiled by the editorial team based on estie Residential Research).
The company plans to deliver 11 new buildings in the Tokyo metropolitan area in fiscal 2026, including this property. Recent completions include URBANEX Asakusabashi Front (Yanagibashi 1-chome, Taito Ward; 38 units), URBANEX Ueno (Higashi-Ueno 3-chome, in the same ward; 48 units) and URBANEX Sumiyoshi (Ogibashi 2-chome; 35 units), continuing a run of supply in the eastern part of Tokyo's 23 wards.
Key Facts
- Property Name: URBANEX Kinshi Koen III
- Developer: Osaka Gas Urban Development Co., Ltd.
- Location: 3-11-9 Taihei, Sumida Ward, Tokyo
- Nearest Stations: Six-minute walk from Kinshicho Station on the Tokyo Metro Hanzomon Line / Seven-minute walk from Kinshicho Station on the JR Sobu Line and Sobu Rapid Line
- Completion: June 30, 2026
- Number of Floors: 11F (reinforced concrete construction)
- Total Units: 40
- Unit Layouts: 1LDK / 2DK / 2LDK
- Unit Sizes: 27.23 to 40.86 sq. m (approx. 300 to 400 sq. ft.)
- Certification: ZEH-M Oriented
