Land prices / Aichi / Nagoya-Chikusa

2023 published land transactions

Karayamacho land prices and price trends

This page aggregates publicly released transactions classified as residential land (land only) for the address area Karayamacho, Nagoya-Chikusa. It does not limit transactions by the buyer's intended use.

Median transaction price per m² (2023)
JPY 317,625 / m²JPY 317.625K / m²
Median sample 4Five-year sample 7
Estimated price for 100 m²
JPY 31.76M
Simple estimate using the displayed median
Estimated land + building budget
JPY 69.36M
100 m² building using the 2025 benchmark

Karayamacho location

Karayamacho location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
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Price distribution (2023)

Middle 50% price range
JPY 265,444 / m² – JPY 378,125 / m²JPY 265.444K / m² – JPY 378.125K / m²
Average transaction price
JPY 325,944 / m²JPY 325.944K / m²

Estimated land price by plot size (2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 15.88MJPY 13.27M JPY 18.91M
100.0 m²30.3 tsuboJPY 31.76MJPY 26.54M JPY 37.81M
150.0 m²45.4 tsuboJPY 47.64MJPY 39.82M JPY 56.72M
200.0 m²60.5 tsuboJPY 63.53MJPY 53.09M JPY 75.63M

These are simple land-only estimates calculated from the displayed median and quartile price per m², not medians of transactions at each plot size.

Land-price trend

Transaction medianOfficial land price
212223
Year202120222023
Public transactions1
Indicative
2
Indicative
4
Indicative
Official observations111

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2021 and 2023. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-10240.0 m²JPY 86MJPY 363,000 / m²JPY 363K / m²11 mCategory I mid/high-rise residential zone
2023-10100.0 m²JPY 42MJPY 423,500 / m²JPY 423.5K / m²5.1 mCategory I residential zone
2023-04450.0 m²JPY 110MJPY 245,025 / m²JPY 245.025K / m²26.8 mCategory I exclusively low-rise residential zone
2023-01950.0 m²JPY 260MJPY 272,250 / m²JPY 272.25K / m²38 mCategory I exclusively low-rise residential zone

Transactions are listed newest first. They are not filtered by residential intent or buyer type. Low unit price alone is not treated as atypical. “Value check” is limited to invalid values or extremely high unit prices and does not necessarily indicate an error.

Karayamacho land-price summary

The median published transaction price in Karayamacho for 2023 is JPY 317,625 / m²JPY 317.625K / m². A 100 m² plot would therefore be about JPY 31.76M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2023.

Sources and methodology

Land prices, transaction examples, trends and official land-price observations are based on public data. Small samples can be strongly affected by the conditions of individual transactions.

Source: MLIT Real Estate Information Library ↗