Residents within Kashiwa-no-ha live in high rise buildings and would be expected to pay about 40 million Yen for the average 70 square metre condo. In Tokyo a condo of a similar size would cost around 100 million Yen.
Kashiwa-no-ha Smart City is a collaboration between government agencies, universities, research institutions, Mitsui Fudosan and Hitachi.
Located just outside of Tokyo, the city aims to provide an environmental-symbiotic city, a city of health and longevity, and a city of new industry creation.
Hitachi provides area energy-management solutions that operate, monitor, and control energy across the city.