Land prices / Tokyo / Setagaya City

2023–2025 published land transactions

Hanegi land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 937,750 / m²JPY 937.75K / m²
Median sample 7Five-year sample 15
Estimated price for 100 m²
JPY 93.78M
Simple estimate using the displayed median
Estimated land + building budget
JPY 133.04M
100 m² building using the 2025 benchmark

Hanegi location

Hanegi 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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Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.

Price distribution (2023–2025)

Middle 50% price range
JPY 907,500 / m² – JPY 1,073,875 / m²JPY 907.5K / m² – JPY 1,073.875K / m²
Average transaction price
JPY 916,575 / m²JPY 916.575K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 46.89MJPY 45.38M JPY 53.69M
100.0 m²30.3 tsuboJPY 93.78MJPY 90.75M JPY 107.39M
150.0 m²45.4 tsuboJPY 140.66MJPY 136.13M JPY 161.08M
200.0 m²60.5 tsuboJPY 187.55MJPY 181.5M JPY 214.78M

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 transactions3
Indicative
5
Indicative
3
Indicative
2
Indicative
2
Indicative
Official observations11111

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: 1.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-04240.0 m²JPY 230MJPY 937,750 / m²JPY 937.75K / m²13.4 mResidential use
2025-04105.0 m²JPY 130MJPY 1,240,250 / m²JPY 1,240.25K / m²10.1 mResidential use
2024-0475.0 m²JPY 67MJPY 877,250 / m²JPY 877.25K / m²5.8 mResidential use
2024-04175.0 m²JPY 48MJPY 275,275 / m²JPY 275.275K / m²13 mResidential use
2023-07165.0 m²JPY 160MJPY 937,750 / m²JPY 937.75K / m²9.3 mResidential use
2023-04130.0 m²JPY 130MJPY 998,250 / m²JPY 998.25K / m²7.9 mResidential use
2023-01110.0 m²JPY 130MJPY 1,149,500 / m²JPY 1,149.5K / m²9.2 mResidential use

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.

Hanegi land-price summary

The median published transaction price in Hanegi for 2023–2025 is JPY 937,750 / m²JPY 937.75K / m². A 100 m² plot would therefore be about JPY 93.78M 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 ↗