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freehold
Ward
Shibuya
Title
Freehold
Structure
N/A
Nearest Station
Shinjuku Station — 6 min walk
STR Eligibility
180 DaysMinpaku License Required
Standard Minpaku license under the 2018 Private Lodging Business Act. Maximum 180 nights per year.
Land:98.9 m²
Rebuilding:Permitted
Property Intelligence
Updated TodayFair Value EstimateEstimated from MLIT historical transaction data using ward-level medians, adjusted for building age, floor position, and ownership type.
$329,032
Range: $264,516 – $393,548
Listed Price
$2.32M
605.9% Above Fair Value
Good ValueAbove MarketOverpriced
70
Confidence /100
118
Comps Used
High
Data Quality
Market Rank
Compares this listing's price per m² against recent MLIT transactions in Shibuya. Top 25% means priced more competitively than 75% of comparable ward listings.Top 95%
vs Shibuya listings
Flexibility
Seller flexibility score based on days on market, price history, and market conditions. High = stronger negotiation position for the buyer.Low
Only 0 days on market — fresh listing with limited negotiation pressure.
Fair Value Range
±20% band around the MLIT-derived fair value estimate for Shibuya ward. Properties within this range are considered fairly priced. The band reflects realistic appraisal uncertainty.$264,516 – $393,548
Based on MLIT comparables in Shibuya ward
High ConfidenceData Quality
Scored on completeness of listing data: size, year built, ward, land area, floor level. 80+ = reliable estimate. Below 60 = directional guide only.High Confidence
Based on MLIT historical transaction data and comparable sales across Tokyo wards
118 comparables used
70/100
Land Economics
Price per m² of building floor area. Compared against the MLIT median for this ward. A negative badge means this property is priced below the ward median — a buyer advantage.This listing
$46,452/m²
Shibuya median
$8,710/m²
vs median
+433.3%Structure Value
Building replacement cost per m², depreciated by age. Compared to the area median. Helps identify if the building component is overpriced relative to comparable stock.Building /m²
$13,290/m²
Area median
$0/m²
vs median
+205999900.0%Comparable Intelligence
Top 6 matches of 20 found
72% MatchACTIVE
67% MatchACTIVE
65% MatchACTIVE
64% MatchACTIVE
64% MatchACTIVE
64% MatchACTIVE0 Price Drops
Price Drops
1005 New Listings
Last 30 Days
Medium Data · 20 Comps
Data
About This Property
A 98.9 m² freehold land plot in Shibuya, Tokyo. Located 6 min walk from Shinjuku Station. Rebuilding is permitted, making this suitable for custom home construction or development. Freehold title provides full land ownership rights with no ground lease obligations. An attractive option for investors seeking a Tokyo land-banking position or buyers planning a custom-built residence in an established Shibuya neighbourhood.
Area Guide · Shibuya
Shibuya ward is one of Tokyo's established residential and commercial precincts, offering a blend of urban convenience and neighbourhood character. Excellent transport links connect residents to central Tokyo and key business districts, supporting consistent rental demand from both domestic and expatriate tenants. The area's infrastructure, amenities, and ongoing development pipeline continue to underpin property values for foreign investors seeking Tokyo exposure.
Price History1,000 live listings
$2.32M
¥3.60億
Property Events
Jun 1, 2026
For Sale
$2.32M
Listed
All-In Cost Calculator
List Price$2,322,581
Acquisition Tax (~3%)$69,677
Registration Fee (~2%)$46,452
Agent Fee (~3.3%)$76,645
Total All-In$2,515,355
Rental Yield Estimator
Gross Yield4.80%
Annual Rent$111,484
Monthly HOA$0/mo