Land prices / Okinawa / Naha

2024 published land transactions

Tsuboya land prices and price trends

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

Median transaction price per m² (2024)
JPY 84,700 / m²
Median sample 3Five-year sample 12
Estimated price for 99.2 m² (30 tsubo)
JPY 8.4M
Simple estimate using the displayed median
Estimated land + building budget
JPY 49.98M
99.2 m² (30-tsubo) building using the 2025 benchmark

Tsuboya location

Tsuboya 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 (2024)

Middle 50% price range
JPY 72,600 / m² – JPY 186,038 / m²
Average transaction price
JPY 144,192 / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 5.6MJPY 4.8M JPY 12.3M
99.2 m²30 tsuboJPY 8.4MJPY 7.2M JPY 18.45M
132.2 m²40 tsuboJPY 11.2MJPY 9.6M JPY 24.6M
165.3 m²50 tsuboJPY 14MJPY 12M JPY 30.75M

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
21222324
Year2021202220232024
Public transactions3
Indicative
2
Indicative
4
Indicative
3
Indicative
Official observations1111

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

The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-07115.0 m²JPY 33MJPY 287,375 / m²Not disclosedCategory I mid/high-rise residential zone
2024-01100.0 m²JPY 8.5MJPY 84,700 / m²Not disclosedNeighborhood commercial zone
2024-0165.0 m²JPY 4MJPY 60,500 / m²4.4 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.

Tsuboya land-price summary

The median published transaction price in Tsuboya for 2024 is JPY 84,700 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 8.4M 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 ↗