All Units Sold for "SYFORME KAWASAKI-IKEDA"

Syla Inc. (Headquarters: Shibuya-ku, Tokyo; President and Group Executive Officer, CEO: Hiroyuki Sugimoto; Securities Code: 8887, hereinafter "Syla HD"), a consolidated subsidiary of Syla Holdings Inc., is pleased to announce that all units have been sold for the investment designer condominium "SYFORME KAWASAKI-IKEDA" (Sylaform Kawasaki Ikeda), constructed in Ikeda 1-chome, Kawasaki-ku, Kawasaki City, Kanagawa Prefecture.

Property Overview of SYFORME KAWASAKI-IKEDA

This property is an investment designer condominium located a 6-minute walk from the east exit of "Hatchonawate" Station on the Keikyu Main Line and JR Nambu Line, with "Kawasaki" Station, a terminal station served by JR and Keikyu lines, within its living radius. It offers direct access to the "Shinagawa," "Tokyo," and "Yokohama" areas, boasting excellent transportation convenience to the city center and major areas in Kanagawa. In addition to commuting and school needs, the area is expected to have stable rental demand due to the ongoing redevelopment and commercial concentration around Kawasaki Station. The unit sizes are primarily 1DK and 2K types, ranging from approximately 25.52 sqm to 26.09 sqm. The facilities are designed to accommodate the lifestyles of single individuals and DINKS, including independent vanity sinks, separate bathrooms and toilets, and walk-in closets (in some units). Furthermore, this property features delivery boxes on each floor. By placing them on each floor rather than in a single common area, we reduce the burden of movement for residents, realizing convenience that addresses the need to reduce redeliveries and the increasing use of e-commerce. The market is just beginning to mature. The system is still being shaped, and the number of involved businesses is increasing.

Regarding the Completion of All Unit Sales

"SYFORME KAWASAKI-IKEDA" has received high praise from many customers due to its location offering access to both the city center and Yokohama, as well as the solid rental demand in the Kawasaki area, leading to the completion of all unit sales. The Kawasaki area continues to develop as a transportation hub located between the city center and Yokohama, and it is a growing area with the addition of large commercial facilities and office concentrations, as well as ongoing redevelopment and the relocation of corporate bases. Under market conditions where future population inflow and sustained solid rental demand are expected, our product planning, which balances "resident satisfaction" and "long-term stable investment value" – aspects we prioritize – has been supported, resulting in the sale of all units amidst strong sales.

Business Model and Future Development

Our group has established a vertically integrated business structure that handles everything from real estate procurement to design, planning, development, construction, sales, and management. We promote quality control and profit optimization in each process with reduced external dependency, supporting our continuous development and supply system. Under this structure, we have enhanced the competitiveness of our investment designer condominiums by quantitatively analyzing area characteristics and rental demand and reflecting them in unit design and product planning. The "SYFORME" series is an investment condominium brand that balances the design and profitability of urban compact residences. Moving forward, Syla HD will continue to promote development that meets both actual housing and investment needs, focusing on residences for single individuals and DINKS in urban areas, aiming for continuous business growth and increased corporate value.

Property Overview

Property Name: SYFORME KAWASAKI-IKEDA (Sylaform Kawasaki Ikeda)

Location: Ikeda 1-chome, Kawasaki-ku, Kawasaki City, Kanagawa Prefecture

Layout: 1DK, 2K

Unit Area: Approx. 25.52 sqm - 26.09 sqm

Facilities: Delivery boxes on each floor, independent vanity sink, separate bath and toilet, walk-in closet (partial)

Nearest Stations: 6-minute walk from the east exit of "Hatchonawate" Station (Keikyu Main Line / JR Nambu Line); 21-minute walk from "Kawasaki" Station (Central East Exit) (JR)

Sales Completion Date: June 30, 2026

Properties Currently For Sale

SYNEX YOKOHAMA-SHIMMACHI

2-minute walk from "Kanagawa-Shinmachi" Station (Keikyu Main Line); 8-minute walk from "Keikyu Higashi-Kanagawa" Station (Keikyu Main Line); 9-minute walk from "Higashi-Kanagawa" Station (JR Keihin-Tohoku Line / Negishi Line) URL: https://www.syla.jp/synex/yokohama-shimmachi/

SYFORME SHINKOYASU

4-minute walk from "Shinkoyasu" Station (JR Keihin-Tohoku / Negishi Line); 4-minute walk from "Keikyu Shinkoyasu" Station (Keikyu Main Line); 9-minute walk from "Koyasu" Station (Keikyu Main Line) URL: https://www.syla.jp/syforme/shinkoyasu/

Syla Holdings Inc. Company Overview

Headquarters: Ebisu Prime Square 7F, 1-1-39 Hiroo, Shibuya-ku, Tokyo

Representative Director and Chairman, Group Executive Officer, CEO: Hiroyuki Sugimoto

Founded: September 1970

Capital: 2,369 million yen

Business Activities: Comprehensive real estate business, construction business, renewable energy business, real estate tech business

HP: https://syla-holdings.jp

[Inquiries Regarding This Matter]

Syla Holdings Inc.

Contact: Kubota, Corporate Communications Department

TEL: 03-4560-0640