Land prices / Tokyo / Mitaka

2023–2025 published land transactions

Shinkawa land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 393,250 / m²JPY 393.25K / m²
Median sample 13Five-year sample 41
Estimated price for 100 m²
JPY 39.33M
Simple estimate using the displayed median
Estimated land + building budget
JPY 78.59M
100 m² building using the 2025 benchmark

Shinkawa location

Shinkawa 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 363,000 / m² – JPY 423,500 / m²JPY 363K / m² – JPY 423.5K / m²
Average transaction price
JPY 387,898 / m²JPY 387.898K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 19.66MJPY 18.15M JPY 21.18M
100.0 m²30.3 tsuboJPY 39.33MJPY 36.3M JPY 42.35M
150.0 m²45.4 tsuboJPY 58.99MJPY 54.45M JPY 63.53M
200.0 m²60.5 tsuboJPY 78.65MJPY 72.6M JPY 84.7M

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
2122232425
Year20212022202320242025
Public transactions208
Indicative
7
Indicative
4
Indicative
2
Indicative
Official observations33333

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

The displayed period change compares transaction medians in 2021 and 2025. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 3.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-01165.0 m²JPY 71MJPY 423,500 / m²JPY 423.5K / m²15.1 mOther
2025-01105.0 m²JPY 60MJPY 574,750 / m²JPY 574.75K / m²9 mResidential use
2024-10165.0 m²JPY 59MJPY 363,000 / m²JPY 363K / m²15.1 mOther
2024-10150.0 m²JPY 57MJPY 363,000 / m²JPY 363K / m²10 mOffice use
2024-04185.0 m²JPY 75MJPY 393,250 / m²JPY 393.25K / m²15.1 mOther
2024-01155.0 m²JPY 53MJPY 332,750 / m²JPY 332.75K / m²10.9 mOther
2023-1090.0 m²JPY 38MJPY 423,500 / m²JPY 423.5K / m²9.5 mWarehouse
2023-07110.0 m²JPY 47MJPY 423,500 / m²JPY 423.5K / m²7.7 mResidential use
2023-04160.0 m²JPY 70MJPY 423,500 / m²JPY 423.5K / m²12 mResidential use
2023-011100.0 m²JPY 180MJPY 163,350 / m²JPY 163.35K / m²Not disclosed
2023-01200.0 m²JPY 98MJPY 484,000 / m²JPY 484K / m²12 mOffice use
2023-01140.0 m²JPY 54MJPY 393,250 / m²JPY 393.25K / m²11 mResidential use
2023-01105.0 m²JPY 30MJPY 281,325 / m²JPY 281.325K / m²8.7 m

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.

Shinkawa land-price summary

The median published transaction price in Shinkawa for 2023–2025 is JPY 393,250 / m²JPY 393.25K / m². A 100 m² plot would therefore be about JPY 39.33M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 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 ↗