TOKYO, Japan, June 12: In a surprising turn of events, a newly constructed residential building in suburban Tokyo is set to be demolished just a month before its scheduled handover to buyers. The decision comes following complaints from local residents who were incensed by the structure obstructing their views of the iconic Mt. Fuji.

Situated on Fujimi Street, aptly named for its renowned 'Fuji view,' the 10-story apartment complex in the Kunitachi suburb comprises 18 housing units. These units, priced between approximately ¥70 million to ¥100 million ($445,000 to $636,000), were anticipated to become coveted properties. However, Sekisui House Ltd., the builder behind the project, issued a public apology on Tuesday, acknowledging the significant impact the building had on the local landscape.

In a statement on its website, Sekisui House expressed its prioritization of preserving the scenic view from Fujimi Street. Consequently, the company voluntarily opted to cancel the project, emphasizing its commitment to maintaining harmony with the surrounding environment.

The firm has pledged to reimburse buyers' expenses and assist in arranging alternative housing if necessary, as confirmed by a spokesperson in communication with Bloomberg News. However, details regarding any financial losses incurred by the demolition were not disclosed.

Views of Mt. Fuji, designated as a UNESCO World Heritage Site, hold immense value in Japan's real estate market. The term 'Fujimi' commonly denotes locations boasting vistas of the majestic mountain, often serving as a selling point for properties. Kunitachi, specifically recognized in a government guide for its inclusion among the region's top 100 Fuji viewing spots, underscores the significance of this natural landmark in Japanese culture.

While cherished by locals, the accessibility of Mt. Fuji views has sparked recent debates, particularly concerning tourism. With Japan experiencing an influx of visitors amidst a weakened yen and post-pandemic travel enthusiasm, concerns have emerged regarding disturbances at popular Fuji viewing sites.

In response, measures have been taken to mitigate disruptions caused by tourists seeking picturesque backdrops of Mt. Fuji. In May, authorities in the holiday town of Fujikawaguchiko erected opaque barriers at select locations to address overcrowding and maintain tranquility. Similar initiatives, including the installation of barriers at scenic overpasses in Fuji City, have also been implemented.

As for the future of the Kunitachi site, Sekisui House has yet to disclose any forthcoming plans. The decision to demolish the residential complex underscores the delicate balance between development and preservation of Japan's cherished natural landscapes.