Land prices / Tokyo / Shibuya City

2021–2022 published land transactions

Shinsencho land prices and price trends

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

Median transaction price per tsubo (2021–2022)
¥5.7M / tsubo
Median sample 3Five-year sample 3
Estimated price for 30 tsubo
¥171M
Simple estimate using the displayed median
Estimated land + building budget
¥209.9M
30-tsubo building using the 2025 benchmark

Shinsencho location

Shinsencho 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 (2021–2022)

Middle 50% price range
¥5.6M / tsubo – ¥6.6M / tsubo
Average transaction price
¥6.2M / tsubo

Estimated land price by plot size (2021–2022)

Plot sizeApprox. areaMedian estimateMiddle 50% estimate
20 tsubo66¥114M¥112M ¥132M
30 tsubo99¥171M¥168M ¥198M
40 tsubo132¥228M¥224M ¥264M
50 tsubo165¥285M¥280M ¥330M

These are simple land-only estimates calculated from the displayed median and quartile price per tsubo, not medians of transactions at each plot size.

Land-price trend

Transaction medianOfficial land price
2122
Year20212022
Public transactions1
Indicative
2
Indicative
Official observations11

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

The displayed period change compares transaction medians in 2021 and 2022. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2021–2022)

PeriodAreaPricePrice / tsuboRoad widthZoning
2022-07210.0 m²¥480M¥7.5M / tsubo10.5 mOther
2022-07115.0 m²¥190M¥5.5M / tsubo11 mResidential use
2021-10145.0 m²¥250M¥5.7M / tsubo10 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.

Shinsencho land-price summary

The median published transaction price in Shinsencho for 2021–2022 is ¥5.7M / tsubo. A 30-tsubo plot would therefore be about ¥171M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2022.

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 ↗