Tokyo, Japan
Tokyo was identified in a late 2018 report as the third-wealthiest city in the world. In recent years, there has been an increase in demand for luxury and ultra-luxury apartments in the city’s most desirable neighborhoods created by this wealthy population.
In areas like the Minato ward, the city’s choicest neighborhood, there’s no longer room to build independent mansions, so apartment buildings are getting higher and higher, creating a host of ultra-highrises.
