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Branded residences in Japan

Aman, Four Seasons, Park Hyatt and the projects still being built: where they are, how many units, what they cost when a figure can be traced, and how far above the ward's best closed prices they sit.

Last reviewed: 6 October 2026Closed prices: MLIT, to 2026 Q1Reading time: ~6 min

Short answer

  • Japan has only a handful of hotel-branded homes you can actually buy. In Tokyo the main one is Aman Residences, Tokyo (91 units, Azabudai Hills). In Kyoto it is Four Seasons Hotel Residences Kyoto (57 units). The rest are ski-resort projects in Niseko, Hakuba and Myoko, plus Four Seasons Okinawa.
  • Japan's branded-residence market: US$3.1bn sold, 1,012 units, average ¥481m (about US$3m) per unit. 91% of supply is in resorts and 57% in Niseko (C9 Hotelworks, Oct 2026).
  • How much the brand adds: Aman Tokyo's reported penthouse price (about ¥13.3m/㎡) is 1.5× the highest closed condo price per ㎡ in Minato in 2023–2025 (¥8.9m/㎡), from 4,023 closed sales. Four Seasons Kyoto asking prices are 2.0–2.4× the highest closed price in Higashiyama.
  • Several "branded residences" in Tokyo are rentals, not sales: Waldorf Astoria Residences Tokyo Nihonbashi (from 2027) and The Park Residences at The Ritz-Carlton, Tokyo. Four Seasons Otemachi, Bulgari Tokyo and Janu Tokyo have no residences.

Branded residences you can buy in Japan (checked 6 October 2026)

ProjectUnitsOpened / opensPrice indicationResale on the market?Sources
Aman Residences, Tokyo
Azabudai Hills, Minato, Tokyo
912023 (completed)Not published (sold by invitation). A penthouse reportedly sold for about ¥44m per tsubo, about ¥30bn in total (2024, Bloomberg).Yes, rarely and off-market: a broker listed a 290㎡ unit (59F) at ¥5bn and a 733㎡ unit (64F) at ¥20bn in Feb 2025 (both since sold).Mori Building · Bloomberg 26 May 2025 · broker listing
Four Seasons Hotel Residences Kyoto
Higashiyama, Kyoto
572016New-build prices were not published. Resale asking prices: 1LDK 83㎡ at ¥600m; 2LDK 151㎡ at ¥1.3bn (listed 30 Sep 2026).Yes: listed by Mitsui Rehouse (ended) and Nomura (active). A 106㎡ unit went to auction via Concierge Auctions in 2023.GOETHE (57 units) · Rehouse ¥600m · Nomura ¥1.3bn · Concierge Auctions
Park Hyatt Niseko Hanazono Residences
Hanazono, Kutchan (Niseko), Hokkaido
not confirmed (sources say 80+ to 113)2020New-build prices: not confirmed. Resale asking price: studio 39㎡ at ¥175m.Yes (H2 Real Estate listing).H2 listing
ONE HANAZONO VILLAS (Park Hyatt branded)
Hanazono, Kutchan (Niseko), Hokkaido
13 villas (700–1,000㎡)Announced Sep 2026; two show villas due winter 2026Not published.No (new).Hyatt newsroom
Aman Niseko (residences)
Mt. Moiwa, Niseko Town, Hokkaido
31 residences + 30 hotel suites2030 (official site; 2025 press said 2027)Not published.No (not built).Aman
HOSHINOYA Hütte Niseko
Hirafu, Kutchan (Niseko), Hokkaido
62 (hotel-residence: owned units in a rental programme)2029 (planned)Not published.No (not built).PR Newswire
Four Seasons Resort and Private Residences Okinawa
Onna, Okinawa
124 condos + 28 villas2027 (planned)Not confirmed from the developer (a Malaysian newspaper reported a target around US$3,500 per sq ft).No (not built).Hospitality Net · The Star 4 Mar 2024
Six Senses Myoko
Suginohara, Myoko, Niigata
21 (hotel 57 rooms)Construction from Apr 2026; opening year not confirmedNot published.No (not built).Hospitality Net
Banyan Tree Hakuba
Wadano, Hakuba, Nagano
48 condos (hotel 108 rooms)2028 (planned)Not published.No (not built).Japan Property Central

1 tsubo = 3.3058㎡. Developers rarely publish prices for these projects. We show only figures we could trace to the developer, a listing or reputable press, and say "not published" or "not confirmed" otherwise. Asking prices are what sellers want, not what buyers paid.

Rentals, not sales: Waldorf Astoria Residences Tokyo Nihonbashi (Chuo, 71 units, move-in from autumn 2027) and The Park Residences at The Ritz-Carlton, Tokyo (Akasaka). No residences: Four Seasons Otemachi (hotel only), Bulgari Tokyo, Mandarin Oriental Tokyo, Janu Tokyo, Capella Kyoto, Six Senses Kyoto.

The brand premium, measured against closed prices in the same ward

Japan's land ministry (MLIT) publishes the closed price of every resale condo that brokers register (成約価格, from 2021). For each branded building we compare its price per ㎡ with the top of the closed prices in its own ward over 2023–2025.

Branded unit¥ per ㎡Ward 90th percentileWard highestvs ward highest
Aman Residences, Tokyo
penthouse, reported sale (¥44m/tsubo)
¥13.3m/㎡
reported closed price
¥3.2m/㎡¥8.9m/㎡1.5×
2.4× the 99th pct
Aman Residences, Tokyo
290㎡ unit, asking ¥5bn
¥17.2m/㎡
asking price
¥3.2m/㎡¥8.9m/㎡1.9×
3.1× the 99th pct
Four Seasons Residences Kyoto
83㎡ unit, asking ¥600m
¥7.2m/㎡
asking price
¥1.1m/㎡¥3.6m/㎡2.0×
3.5× the 99th pct
Four Seasons Residences Kyoto
151㎡ unit, asking ¥1.3bn
¥8.6m/㎡
asking price
¥1.1m/㎡¥3.6m/㎡2.4×
4.2× the 99th pct
Park Hyatt Niseko Hanazono
39㎡ studio, asking ¥175m
¥4.5m/㎡
asking price
Kutchan (Niseko): only 0 resale condo closed prices in 2023–2025 (MLIT), too few to compare.

Resale condos in these wards, 2023–2025 (closed prices)

WardSalesMedian ¥/㎡90th pct99th pctHighest ¥/㎡Highest price
Minato, Tokyo4,023¥1.6m/㎡¥3.2m/㎡¥5.5m/㎡¥8.9m/㎡¥1.2bn
Higashiyama, Kyoto120¥0.6m/㎡¥1.1m/㎡¥2.1m/㎡¥3.6m/㎡¥400m

What the multiple does not show: branded units are newer, larger, higher up and better located than the typical sale, and the most expensive deals are often private and never reach the broker database. Savills' estimate for the brand alone is about 30% worldwide (24% in global cities, 32% in resorts). In Tokyo's five central wards, 2,552 resale condos closed at ¥100m or more in 2025 (median ¥160m ≈ US$1.0m, ¥2.2m/㎡). Ward breakdown in Chinese: 東京豪宅:價格・區域.

Buying one from abroad

  • Most deals are private. Aman Tokyo sold by invitation, and resales are offered quietly through a few brokers. A licensed Japanese broker (宅地建物取引業者) with access to these listings is the usual route.
  • Running costs are higher than a normal condo. Expect a management fee plus hotel-service fees, and in resorts a rental-pool agreement with the hotel operator. Ask for the last two years' fee history before you buy.
  • Taxes are the same as for any home. Brokerage fees are capped by law, and acquisition tax and registration tax are based on the assessed value, not the price. See cost of buying property in Japan and annual property tax.
  • Report within 20 days if you live abroad (Foreign Exchange Act). See the buyer's guide.

FAQ

What is a branded residence?

A home sold or managed under a hotel brand (Aman, Four Seasons, Park Hyatt and so on), usually with hotel services. In Japan most are in ski resorts: 91% of supply is in resorts and 57% in Niseko (C9 Hotelworks, 2026).

How much is an Aman Residences Tokyo apartment?

Prices are not published; units are sold by invitation. A penthouse reportedly sold for about ¥44 million per tsubo (about ¥13.3 million per ㎡), roughly ¥30 billion in total, in 2024 (Bloomberg, May 2025). In February 2025 a broker listed a 290㎡ unit at ¥5 billion.

Are Four Seasons Residences Kyoto apartments for sale?

Sometimes. On 30 September 2026 a 151㎡ 2LDK was listed at ¥1.3 billion (Nomura). An 83㎡ 1LDK was listed at ¥600 million (Mitsui Rehouse, listing ended). The building has 57 residences and was completed in 2016.

How big is the brand premium in Japan?

Savills puts the global average at about 30% over comparable non-branded homes (2022). Using MLIT closed prices, Aman Tokyo's reported penthouse price was 1.5 times the highest closed condo price per ㎡ in Minato in 2023–2025, and the Four Seasons Kyoto asking prices were 2.0–2.4 times the highest in Higashiyama. Those gaps also include newness, size, views and floor, so they are not the brand alone.

Can foreigners buy branded residences in Japan?

Yes. Japan has no restriction on foreigners buying homes, and ownership is freehold. Non-residents must file a report with the Minister of Finance within 20 days of buying (Foreign Exchange Act); a broker or judicial scrivener can file it.

Buying in Japan and want it checked properly?

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Sources

  1. Closed prices: MLIT Real Estate Information Library, 成約価格情報 (resale condos, 2021 Q1 to 2026 Q1), official CSV download; filtering and percentiles are our own calculation.
  2. Market size: C9 Hotelworks, Japan Branded Residences Market Review 2026
  3. Brand premium: Savills, Branded residences (Oct 2022)
  4. Project facts: the sources linked in each row of the table above (checked 6 October 2026).
  5. Exchange rate: ECB reference rate 2026-10-02 (¥157.67 per US$).

Last reviewed: 6 October 2026. Listings change quickly; asking prices are what sellers asked on the date shown, not valuations.

Disclaimer. General information, not investment, tax or legal advice. Japan House Prices is not a real estate broker () and is not affiliated with any hotel brand or developer named here. We may receive a referral fee from the broker; you pay nothing to us.