REthink Tokyo has compiled data illustrating land pricing trends from 2000 to 2021.
Shibuya Ward is often sought after with both Japanese and foreign property seekers alike. The ward epitomizes Tokyo's creative scenes; a place where any artist, musician, actor, IT engineer, graphic designer, photographer desires to graduate to in terms of their career. Owning property in the ward is seen as an international badge of honour.
Finding mutlilingual real estate services in the ward is simple. Shibuya ward is directly adjacent to Minato ward, making the Shibuya area easily serviceable by Minato based agencies for both leasing and sales.
The chart loads with all areas showing. To limit the view, click or press on the Enter series to show field and scroll the drop down menu that reveals for the station you are looking for.
To delete a station, click or press the x next to the station name.
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Source: tochidai.info (Japanese)
Tochidai.info visualises the Rosenka value, or street value, of the land using the same pinpoint addresses the tax department uses to calulate the land portion of annual property taxes.
Tochidai.info organizes the data by addresses with geo codes nearby popular stations, which is how the above information has been aggregated.
This data is not to be taken as actual market value as often in the metropolis areas areas of Japan, a property can often sell for higher than what the tax department assesses the property value at.
The data represented in the above chart is only to illustrate pricing trends over a series of time. The data in no way guarantees accurate market pricing for the reasons outlined above as other factors contribute to the pricing of real estate such as type and age of structure, specific building only incidents or accidents, whether a property is self-managed or professionally managed etc.
For further, more specific information, contact one of the agent contributers here on REthink Tokyo.
Make sure to inquire with an agent working in your area of interest.
Minato Ward Popular Station Land Pricing Trends (REthink Tokyo; September 2021)
Chuo Ward Popular Station Land Price Trends (REthink Tokyo; October, 2021)
Chiyoda Ward Popular Station Land Price Trends (REthink Tokyo; October, 2021)