Land prices / Okinawa / Nishihara-Town

2023 published land transactions

Kaneku land prices and price trends

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

Median transaction price per m² (2023)
JPY 57,475 / m²JPY 57.475K / m²
Median sample 3Five-year sample 8
Estimated price for 100 m²
JPY 5.75M
Simple estimate using the displayed median
Estimated land + building budget
JPY 47.67M
100 m² building using the 2025 benchmark

Kaneku location

Kaneku 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)

Middle 50% price range
JPY 55,963 / m² – JPY 96,800 / m²JPY 55.963K / m² – JPY 96.8K / m²
Average transaction price
JPY 82,683 / m²JPY 82.683K / m²

Estimated land price by plot size (2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 2.87MJPY 2.8M JPY 4.84M
100.0 m²30.3 tsuboJPY 5.75MJPY 5.6M JPY 9.68M
150.0 m²45.4 tsuboJPY 8.62MJPY 8.39M JPY 14.52M
200.0 m²60.5 tsuboJPY 11.5MJPY 11.19M JPY 19.36M

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
2223
Year20222023
Public transactions5
Indicative
3
Indicative
Official observations11

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

The displayed period change compares transaction medians in 2022 and 2023. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-07140.0 m²JPY 19MJPY 136,125 / m²JPY 136.125K / m²10 mCategory II residential zone
2023-04300.0 m²JPY 17MJPY 57,475 / m²JPY 57.475K / m²4 mUrbanization control area
2023-04125.0 m²JPY 6.5MJPY 54,450 / m²JPY 54.45K / m²29 mUrbanization control 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.

Kaneku land-price summary

The median published transaction price in Kaneku for 2023 is JPY 57,475 / m²JPY 57.475K / m². A 100 m² plot would therefore be about JPY 5.75M 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 ↗