Seiwa Homes Acquires 19-Unit Apartment Property in Shibuya’s Tomigaya Area
Seiwa Homes has acquired the rental apartment building Éligeté Tomigaya in Tomigaya 2-chome, Shibuya Ward. The company is part of the Seiwa Corporation Group, whose parent company, Seiwa Corporation, was founded in 1971 and is a major developer specializing in land utilization and rental housing construction. For the fiscal year ending March 2025, the Group reported revenue of JPY 210.8 billion, with cumulative housing starts exceeding 125,000 units.
The property is a five-story reinforced-concrete apartment building completed in August 2009, with a Gross Floor Area of approximately 229 tsubo (approx. 8,130 sq. ft.) and a total of 19 units. Targeting single tenants, units range from 1DK to 1LDK, with asking rents in the JPY 13,000–15,000 per tsubo range. The nearest station is Komaba-Todaimae on the Keio Inokashira Line, a 7-minute walk away, adjacent to the University of Tokyo’s Komaba campus.
Tenant demand from students and young single professionals remains robust in the surrounding area. Average rents within a 10-minute walk have risen approximately 25%, from the JPY 14,000-per-tsubo range around 2022 to the JPY 17,000-per-tsubo range in 2025. Given its 16-year age, reinforced-concrete construction, and a 7-minute walk to the station, the property is viewed as an attractive investment expected to maintain stable occupancy (based on “estie residential-research” analysis and editorial review).
Key Facts
Property Name: Éligeté Tomigaya
Buyer: Seiwa House Inc.
Seller: Individual
Transaction Price: Not disclosed
Location: 16-15 Tomigaya 2-chome, Shibuya-ku, Tokyo
Nearest Station: Komaba-Todaimae Station (Keio Inokashira Line), 7-minute walk
Completion: August 2009
Number of Floors: 5F / —
Gross Floor Area: approx. 229 tsubo (approx. 8,130 sq. ft.)
Total Units: 19 units