Land prices / Tokyo / Shibuya City

2023–2025 published land transactions

Hiro land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 2,359,500 / m²
Median sample 8Five-year sample 11
Estimated price for 99.2 m² (30 tsubo)
JPY 234M
Simple estimate using the displayed median
Estimated land + building budget
JPY 272.94M
99.2 m² (30-tsubo) building using the 2025 benchmark

Hiro location

Hiro 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 1,958,688 / m² – JPY 3,183,813 / m²
Average transaction price
JPY 2,854,844 / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 156MJPY 129.5M JPY 210.5M
99.2 m²30 tsuboJPY 234MJPY 194.25M JPY 315.75M
132.2 m²40 tsuboJPY 312MJPY 259M JPY 421M
165.3 m²50 tsuboJPY 390MJPY 323.75M JPY 526.25M

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 transactions1
Indicative
2
Indicative
3
Indicative
3
Indicative
2
Indicative
Official observations22222

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: 2.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-1045.0 m²JPY 120MJPY 2,631,750 / m²9.3 mResidential use
2025-0185.0 m²JPY 410MJPY 4,840,000 / m²4 mRetail use
2024-07510.0 m²JPY 1,200MJPY 2,299,000 / m²6.9 mResidential use
2024-07135.0 m²JPY 330MJPY 2,420,000 / m²Not disclosedResidential use
2024-0155.0 m²JPY 110MJPY 1,936,000 / m²5.5 mResidential use
2023-07210.0 m²JPY 1,200MJPY 5,445,000 / m²6.9 mResidential use
2023-0495.0 m²JPY 180MJPY 1,966,250 / m²9 mResidential use
2023-04100.0 m²JPY 130MJPY 1,300,750 / m²2.2 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.

Hiro land-price summary

The median published transaction price in Hiro for 2023–2025 is JPY 2,359,500 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 234M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2025.

Station-area land prices near Hiro

Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.

This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.

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 ↗