Land prices / Tokyo / Shinjuku City

2023–2024 published land transactions

Daikyocho land prices and price trends

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

Median transaction price per m² (2023–2024)
JPY 1,089,000 / m²JPY 1,089K / m²
Median sample 3Five-year sample 6
Estimated price for 100 m²
JPY 108.9M
Simple estimate using the displayed median
Estimated land + building budget
JPY 148.16M
100 m² building using the 2025 benchmark

Daikyocho location

Daikyocho 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 (2023–2024)

Middle 50% price range
JPY 1,058,750 / m² – JPY 1,210,000 / m²JPY 1,058.75K / m² – JPY 1,210K / m²
Average transaction price
JPY 1,149,500 / m²JPY 1,149.5K / m²

Estimated land price by plot size (2023–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 54.45MJPY 52.94M JPY 60.5M
100.0 m²30.3 tsuboJPY 108.9MJPY 105.88M JPY 121M
150.0 m²45.4 tsuboJPY 163.35MJPY 158.81M JPY 181.5M
200.0 m²60.5 tsuboJPY 217.8MJPY 211.75M JPY 242M

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
212324
Year202120232024
Public transactions3
Indicative
1
Indicative
2
Indicative
Official observations111

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 (2023–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-07155.0 m²JPY 210MJPY 1,331,000 / m²JPY 1,331K / m²10.3 m
2024-01135.0 m²JPY 150MJPY 1,089,000 / m²JPY 1,089K / m²8.4 mResidential use
2023-0795.0 m²JPY 96MJPY 1,028,500 / m²JPY 1,028.5K / m²8.3 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.

Daikyocho land-price summary

The median published transaction price in Daikyocho for 2023–2024 is JPY 1,089,000 / m²JPY 1,089K / m². A 100 m² plot would therefore be about JPY 108.9M 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 ↗