Land prices / Oita / Bungotakada

2023–2025 published land transactions

Shinchi land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 10,285 / m²JPY 10.285K / m²
Median sample 8Five-year sample 10
Estimated price for 100 m²
JPY 1.03M
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.3M
100 m² building using the 2025 benchmark

Shinchi location

Shinchi 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 (2023–2025)

Middle 50% price range
JPY 7,260 / m² – JPY 12,705 / m²JPY 7.26K / m² – JPY 12.705K / m²
Average transaction price
JPY 10,856 / m²JPY 10.856K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 514,250JPY 514.25KJPY 363,000JPY 363K JPY 635,250JPY 635.25K
100.0 m²30.3 tsuboJPY 1.03MJPY 726,000JPY 726K JPY 1.27M
150.0 m²45.4 tsuboJPY 1.54MJPY 1.09M JPY 1.91M
200.0 m²60.5 tsuboJPY 2.06MJPY 1.45M JPY 2.54M

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

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-04185.0 m²JPY 1MJPY 5,445 / m²JPY 5.445K / m²16 mCategory I mid/high-rise residential zone
2025-01510.0 m²JPY 4.5MJPY 8,773 / m²JPY 8.773K / m²31.2 mCategory I mid/high-rise residential zone
2023-10680.0 m²JPY 16MJPY 23,898 / m²JPY 23.898K / m²27.8 mNeighborhood commercial zone
2023-10920.0 m²JPY 11MJPY 11,798 / m²JPY 11.798K / m²11 mCategory I mid/high-rise residential zone
2023-10100.0 m²JPY 1.2MJPY 11,798 / m²JPY 11.798K / m²16.5 mCategory I mid/high-rise residential zone
2023-07360.0 m²JPY 2.7MJPY 7,865 / m²JPY 7.865K / m²Not disclosedCategory I mid/high-rise residential zone
2023-07100.0 m²JPY 1.5MJPY 15,428 / m²JPY 15.428K / m²19.5 mCategory I mid/high-rise residential zone
2023-04270.0 m²JPY 500,000JPY 500KJPY 1,845 / m²JPY 1.845K / m²17.5 mNeighborhood commercial 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.

Shinchi land-price summary

The median published transaction price in Shinchi for 2023–2025 is JPY 10,285 / m²JPY 10.285K / m². A 100 m² plot would therefore be about JPY 1.03M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 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 ↗