Building guide

Pierce Shibuya Honmachi Residence

A 6-storey, 43-home building in Honmachi 4-chome, Shibuya-ku, completed in August 2023.

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Overview

The building

Address: 4-2-11 Honmachi, Shibuya-ku, Tokyo
Stations: Nishi-Shinjuku-Gochome (Toei Oedo Line), 6 min walk; Hatsudai (Keio New Line), 9 min walk
Completed: August 2023
Size: 6 storeys, 43 homes
Structure: Reinforced concrete
Land: Freehold
Developer(s): Morimoto
Contractor: Morimoto-gumi
Shared facilities: Two entrances, hands-free key entry, interior corridors, parcel lockers, 24-hour refuse room
Parking: On-site parking

History

History of the building

August 2023: Completed; developed by Morimoto and built by Morimoto-gumi

Nearby

Around the building

Walking distances from the building

General hospitals: Tokyo Medical University Hospital (21 min, 1,612 m)
Embassies: Embassy of Belize (9 min, 698 m)

Area

Area in Numbers

Resale condos, Shibuya-ku

JPY 1,600,000

Median sale price per sq m of floor area · 1,332 sales in the latest year

Official land price nearby — land only

JPY 764,000

Per sq m of land · nearest official point, about 0.4 km away · 1 Jan 2026

A home's price per sq m is on floor area and includes the building; the official land price is per sq m of land alone.

Change over 1 year · public statistics

Area-wide figures, not this building

Residential land

↑ 11.0%

Shibuya-ku average · 1 Jan 2026 vs a year earlier

Land near this building

↑ 9.1%

Nearest official point · 1 Jan 2026 vs a year earlier

Resale condo prices

↑ 7.6%

Shibuya-ku · median per sq m of 1,332 sales vs a year earlier

Apartment rents

↑ 6.7%

Tokyo 23 wards · Q1 2026 vs a year earlier

Condominium price index

↑ 9.6%

Tokyo · December 2025 vs a year earlier

Sources and notes

All figures are public statistics for the wider area, not an appraisal of this building, and none of them guarantees future rent, value or performance.

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