Land prices / Oita / Saiki

2022–2023 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, Saiki. It does not limit transactions by the buyer's intended use.

Median transaction price per m² (2022–2023)
JPY 46,888 / m²JPY 46.888K / m²
Median sample 2Five-year sample 2
Estimated price for 100 m²
JPY 4.69M
Simple estimate using the displayed median
Estimated land + building budget
JPY 41.96M
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 (2022–2023)

Middle 50% price range
JPY 46,131 / m² – JPY 47,644 / m²JPY 46.131K / m² – JPY 47.644K / m²
Average transaction price
JPY 46,888 / m²JPY 46.888K / m²

Estimated land price by plot size (2022–2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 2.34MJPY 2.31M JPY 2.38M
100.0 m²30.3 tsuboJPY 4.69MJPY 4.61M JPY 4.76M
150.0 m²45.4 tsuboJPY 7.03MJPY 6.92M JPY 7.15M
200.0 m²60.5 tsuboJPY 9.38MJPY 9.23M JPY 9.53M

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 2022 and 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2022–2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-01160.0 m²JPY 7.2MJPY 45,375 / m²JPY 45.375K / m²11.3 mCommercial zone
2022-07210.0 m²JPY 10MJPY 48,400 / m²JPY 48.4K / m²8 mCategory I 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 2022–2023 is JPY 46,888 / m²JPY 46.888K / m². A 100 m² plot would therefore be about JPY 4.69M by simple multiplication. The period-change figure compares yearly transaction medians in 2022 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 ↗