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Japan Real Estate Insights by estie
Japan Real Estate Insights by estie

Rental Residence Completed in Yokohama’s Isezakicho Area; Mitsui Fudosan Residential

Rental Residence Completed in Yokohama’s Isezakicho Area; Mitsui Fudosan Residential

Park Axis Yokohama Isezakicho Dori, a rental residential property that Mitsui Fudosan Residential had been developing in collaboration with DXYZ, was completed on March 13, 2026. The property enables an “all facial-recognition” lifestyle, requiring no keys at all from the entrance to each apartment door.

The property is a six-minute walk from Isezakichojamachi Station on the Yokohama Municipal Subway Blue Line and a 10-minute walk from Kannai Station on the JR Keihin-Tohoku Line. It is a 10-story reinforced concrete building with 188 units in total, including two retail spaces. Unit layouts range from 1DK to 2LDK, with unit sizes from 26.40 sq m (approx. 284 sq. ft.) to 52.86 sq m (approx. 569 sq. ft.). The property adjoins the Isezaki Mall shopping street, which has a history of about 150 years, on its south side, and is also close to Odori Park and the Ooka River, offering a location that combines convenience with a calm living environment.

The property has adopted DXYZ’s facial-recognition ID platform, FreeiD. It supports unlocking at the entrance, elevator hall, package lockers, parking area and entrances to each common facility, as well as the front door of every apartment. Common areas include a lounge, working room and theater room, while the shared lounge features Kaneka’s next-generation lighting (organic EL lighting). Move-ins are scheduled to begin on March 17, 2026.

Asking rents for recently built rental apartment buildings within a 10-minute walk of Kannai Station, completed in 2021 or later, have continued on an upward trend from the JPY 11,000-per-tsubo range in early 2021 and were trending in the JPY 15,000-per-tsubo range as of 2026, based on research conducted by the editorial department using estie Residential Research. In the same area, redevelopment is progressing, including the grand opening of BASEGATE Yokohama Kannai on March 19, 2026, and rental housing demand is expected to expand alongside improvements to the surrounding residential environment.

Key Facts

  • Property Name: Park Axis Yokohama Isezakicho Dori

  • Developer: Mitsui Fudosan Residential Co., Ltd.

  • Location: 2-23-1 Wakabacho, Naka Ward, Yokohama, Kanagawa Prefecture

  • Nearest Stations: 6-minute walk from Isezakichojamachi Station on the Yokohama Municipal Subway Blue Line; 9-minute walk from Koganecho Station on the Keikyu Main Line; 10-minute walk from Kannai Station on the JR Keihin-Tohoku Line

  • Completion: March 13, 2026

  • Move-in Start: March 17, 2026

  • Number of Floors: 10F

  • Site Area: Approx. 397 tsubo (approx. 13,073 sq. ft.)

  • Unit Mix: 1DK to 2LDK

  • Unit Size: 26.40 sq m (approx. 284 sq. ft.) to 52.86 sq m (approx. 569 sq. ft.)

  • Total Units: 188 units (including two retail spaces)

  • Design and Construction: Fukuda Corporation