Land prices / Mie / Watarai

2025 published land transactions

Makae land prices and price trends

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

Median transaction price per m² (2025)
JPY 1,543 / m²JPY 1.543K / m²
Median sample 2Five-year sample 2
Estimated price for 100 m²
JPY 154,275JPY 154.275K
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.42M
100 m² building using the 2025 benchmark

Makae location

Makae 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 (2025)

Middle 50% price range
JPY 1,346 / m² – JPY 1,739 / m²JPY 1.346K / m² – JPY 1.739K / m²
Average transaction price
JPY 1,543 / m²JPY 1.543K / m²

Estimated land price by plot size (2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 77,138JPY 77.138KJPY 67,306JPY 67.306K JPY 86,969JPY 86.969K
100.0 m²30.3 tsuboJPY 154,275JPY 154.275KJPY 134,613JPY 134.613K JPY 173,938JPY 173.938K
150.0 m²45.4 tsuboJPY 231,413JPY 231.413KJPY 201,919JPY 201.919K JPY 260,906JPY 260.906K
200.0 m²60.5 tsuboJPY 308,550JPY 308.55KJPY 269,225JPY 269.225K JPY 347,875JPY 347.875K

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 2025 and 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07540.0 m²JPY 1.1MJPY 1,936 / m²JPY 1.936K / m²16.3 mOutside a city-planning area
2025-07390.0 m²JPY 450,000JPY 450KJPY 1,150 / m²JPY 1.15K / m²13.2 mOutside a city-planning area

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.

Makae land-price summary

The median published transaction price in Makae for 2025 is JPY 1,543 / m²JPY 1.543K / m². A 100 m² plot would therefore be about JPY 154,275JPY 154.275K by simple multiplication. The period-change figure compares yearly transaction medians in 2025 and 2025.

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 ↗