Land prices / Osaka / Sakai-Nishi

2022–2024 published land transactions

Otorinishimachi land prices and price trends

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

Median transaction price per m² (2022–2024)
JPY 154,275 / m²JPY 154.275K / m²
Median sample 5Five-year sample 8
Estimated price for 100 m²
JPY 15.43M
Simple estimate using the displayed median
Estimated land + building budget
JPY 49.7M
100 m² building using the 2025 benchmark

Otorinishimachi location

Otorinishimachi 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 (2022–2024)

Middle 50% price range
JPY 121,000 / m² – JPY 160,325 / m²JPY 121K / m² – JPY 160.325K / m²
Average transaction price
JPY 144,898 / m²JPY 144.898K / m²

Estimated land price by plot size (2022–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 7.71MJPY 6.05M JPY 8.02M
100.0 m²30.3 tsuboJPY 15.43MJPY 12.1M JPY 16.03M
150.0 m²45.4 tsuboJPY 23.14MJPY 18.15M JPY 24.05M
200.0 m²60.5 tsuboJPY 30.86MJPY 24.2M JPY 32.07M

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
1
Indicative
3
Indicative
1
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 (2022–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-01240.0 m²JPY 4MJPY 16,638 / m²JPY 16.638K / m²Not disclosedCategory II mid/high-rise residential zone
2023-10180.0 m²JPY 29MJPY 160,325 / m²JPY 160.325K / m²11 mCategory II mid/high-rise residential zone
2023-1085.0 m²JPY 13MJPY 154,275 / m²JPY 154.275K / m²7.5 mCategory II mid/high-rise residential zone
2023-0460.0 m²JPY 7.5MJPY 121,000 / m²JPY 121K / m²5.5 mCategory II mid/high-rise residential zone
2022-04380.0 m²JPY 110MJPY 272,250 / m²JPY 272.25K / m²17.9 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.

Otorinishimachi land-price summary

The median published transaction price in Otorinishimachi for 2022–2024 is JPY 154,275 / m²JPY 154.275K / m². A 100 m² plot would therefore be about JPY 15.43M 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 ↗