Land prices / Okinawa / Ginowan

2023–2025 published land transactions

Mashiki land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 176,963 / m²
Median sample 4Five-year sample 4
Estimated price for 99.2 m² (30 tsubo)
JPY 17.55M
Simple estimate using the displayed median
Estimated land + building budget
JPY 59.13M
99.2 m² (30-tsubo) building using the 2025 benchmark

Mashiki location

Mashiki 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 (2023–2025)

Middle 50% price range
JPY 162,594 / m² – JPY 200,406 / m²
Average transaction price
JPY 186,038 / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 11.7MJPY 10.75M JPY 13.25M
99.2 m²30 tsuboJPY 17.55MJPY 16.13M JPY 19.88M
132.2 m²40 tsuboJPY 23.4MJPY 21.5M JPY 26.5M
165.3 m²50 tsuboJPY 29.25MJPY 26.88M JPY 33.13M

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

Transaction medianOfficial land price
2325
Year20232025
Public transactions2
Indicative
2
Indicative
Official observations11

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2023 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07170.0 m²JPY 31MJPY 181,500 / m²15 mCategory I mid/high-rise residential zone
2025-04440.0 m²JPY 110MJPY 257,125 / m²25 mCategory II mid/high-rise residential zone
2023-07170.0 m²JPY 23MJPY 133,100 / m²41.8 mNeighborhood commercial zone
2023-0195.0 m²JPY 16MJPY 172,425 / m²9 mCategory I mid/high-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.

Mashiki land-price summary

The median published transaction price in Mashiki for 2023–2025 is JPY 176,963 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 17.55M by simple multiplication. The period-change figure compares yearly transaction medians in 2023 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 ↗