Land prices / Hiroshima / Hiroshima-Naka

2021–2022 published land transactions

Honkawacho land prices and price trends

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

Median transaction price per m² (2021–2022)
JPY 907,500 / m²JPY 907.5K / m²
Median sample 2Five-year sample 2
Estimated price for 100 m²
JPY 90.75M
Simple estimate using the displayed median
Estimated land + building budget
JPY 129.35M
100 m² building using the 2025 benchmark

Honkawacho location

Honkawacho 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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Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.

Price distribution (2021–2022)

Middle 50% price range
JPY 756,250 / m² – JPY 1,058,750 / m²JPY 756.25K / m² – JPY 1,058.75K / m²
Average transaction price
JPY 907,500 / m²JPY 907.5K / m²

Estimated land price by plot size (2021–2022)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 45.38MJPY 37.81M JPY 52.94M
100.0 m²30.3 tsuboJPY 90.75MJPY 75.63M JPY 105.88M
150.0 m²45.4 tsuboJPY 136.13MJPY 113.44M JPY 158.81M
200.0 m²60.5 tsuboJPY 181.5MJPY 151.25M JPY 211.75M

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

No matching residential official land-price observation is available for this neighborhood.

The displayed period change compares transaction medians in 2021 and 2022. Published transactions and official residential land-price observations are separate series.

Published land transactions (2021–2022)

PeriodAreaPricePrice / m²Road widthZoning
2022-07175.0 m²JPY 110MJPY 605,000 / m²JPY 605K / m²9 mCommercial zone
2021-07630.0 m²JPY 770MJPY 1,210,000 / m²JPY 1,210K / m²21 mCommercial 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.

Honkawacho land-price summary

The median published transaction price in Honkawacho for 2021–2022 is JPY 907,500 / m²JPY 907.5K / m². A 100 m² plot would therefore be about JPY 90.75M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2022.

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 ↗