Land prices / Hyogo / Kobe-Suma

2023–2024 published land transactions

Otemachi land prices and price trends

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

Median transaction price per m² (2023–2024)
JPY 293,425 / m²JPY 293.425K / m²
Median sample 3Five-year sample 4
Estimated price for 100 m²
JPY 29.34M
Simple estimate using the displayed median
Estimated land + building budget
JPY 66.61M
100 m² building using the 2025 benchmark

Otemachi location

Otemachi 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 (2023–2024)

Middle 50% price range
JPY 267,713 / m² – JPY 313,088 / m²JPY 267.713K / m² – JPY 313.088K / m²
Average transaction price
JPY 289,392 / m²JPY 289.392K / m²

Estimated land price by plot size (2023–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 14.67MJPY 13.39M JPY 15.65M
100.0 m²30.3 tsuboJPY 29.34MJPY 26.77M JPY 31.31M
150.0 m²45.4 tsuboJPY 44.01MJPY 40.16M JPY 46.96M
200.0 m²60.5 tsuboJPY 58.69MJPY 53.54M JPY 62.62M

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 2024. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-01110.0 m²JPY 32MJPY 293,425 / m²JPY 293.425K / m²8.9 mCategory I mid/high-rise residential zone
2023-04170.0 m²JPY 41MJPY 242,000 / m²JPY 242K / m²14.7 mCategory I exclusively low-rise residential zone
2023-0490.0 m²JPY 30MJPY 332,750 / m²JPY 332.75K / m²5.3 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.

Otemachi land-price summary

The median published transaction price in Otemachi for 2023–2024 is JPY 293,425 / m²JPY 293.425K / m². A 100 m² plot would therefore be about JPY 29.34M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

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 ↗