◍ Katsushika Ward, Tokyo
Land in Katsushika
$289,032
✓ Freehold✓ Rebuildable
PULSE SCORE
27/100
Caution
VS FAIR VALUE
+46%
Above estimate
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$5,551/m²
+46% vs ward
VALUATION · MLIT DATA
Is this a good deal?
FAIR VALUE EST.
$197,609
$167,968–$227,250
LISTED PRICE
$289,032
+46% above
BELOWFAIRABOVE
PRICE HISTORY
No price changes since listing.
PULSE SCORE · LAND
How it scores
● Caution · 27/100
Land Price per m² vs Ward Median0/25
$2,868/m²/buildable m² — 47% above Katsushika benchmark $1,949/m² ✗✗ (zoned FAR — road width unverified)
Price vs MLIT Fair Value-6 pts
+47% above MLIT fair value ✗
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity4/15
16-min walk to station — longer commute
Land Size3/15
52.07m² — compact plot
Zone & Development Grade8/15
Quasi-industrial zone — verify intended use
Freehold Ownership10/10
Freehold (所有権) — full land title ✓
Unlock yield estimates, STR guidance and full breakdown on Investor plan
Start free trial →PROPERTY FACTS
FLOOR
—
LAND
52.07 m²
LAYOUT
—
BUILT
—
STRUCTURE
—
TITLE
Freehold
🚉 Shin-Koiwa Station · 16 min walk
About this property
✦ AI summaryA 52.07 m² freehold land plot in Katsushika, Tokyo. Located 16 min walk from Shin-Koiwa 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 Katsushika neighbourhood.
WARD MARKET CONTEXT
MARKET RANK
Top 95%
vs Katsushika
FLEXIBILITY
Medium
From price positioning
LAND ECON.
$5,551/m²+46%
Median $3,795/m²
STRUCTURE
—Land play
Land-value play
Area Guide · Katsushika
✦ AI summaryKatsushika ward sits at the eastern edge of the 23-ward area, encompassing Shibamata's riverside culture and Kameari's heritage. Lower prices than western wards attract buyers seeking larger residential footprints.
COMPARABLES
Similar nearby
葛飾区水元2丁目 築浅戸建
Katsushika
$267,742
82.43m²
MLIT Sale72%SOLD
$290,323
70m² · Q2 2024
MLIT Sale72%SOLD
$290,323
65m² · Q2 2024
対面キッチン リビング階段 コミュニケーション増える家
Katsushika
$256,774
75.62m²
MLIT Sale69%SOLD
$296,774
70m² · Q4 2023
64%$256,774
2LDK · 73.9m²
60%$295,484
2DK · 46.16m²
60%$295,484
3DK · 81.52m²
アルテシモ クレルトルテ 10階
Koto
$282,581
26.43m²
ALL-IN COST
List Price$289,032
Acquisition Tax (~3%)$8,671
Registration (~2%)$5,781
Agent Fee (~3.3%)$9,538
Total All-in$313,022
RENTAL YIELD ESTIMATOR
Gross Yield4.82%
Annual Rent$13,935
$289,032
● Caution · 27/100
Freehold1 / 3Katsushika Ward, Tokyo
Land in Katsushika
LISTED PRICE
$289,032
$5,551/m² land
VS FAIR VALUEOverpriced
+46%
Above estimate· Est. $197,609
PULSE SCORE
27/100
Caution
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$5,551/m²
+46% vs ward
About This Property
AI-generated summaryA 52.07 m² freehold land plot in Katsushika, Tokyo. Located 16 min walk from Shin-Koiwa 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 Katsushika neighbourhood.
Area Guide · Katsushika
AI-generated summaryKatsushika ward sits at the eastern edge of the 23-ward area, encompassing Shibamata's riverside culture and Kameari's heritage. Lower prices than western wards attract buyers seeking larger residential footprints.
VALUATION · MLIT MARKET DATA
Is this a good deal?
FAIR VALUE ESTIMATE
$197,609
Range $167,968 – $227,250
LISTED PRICE
$289,032
+46% above fair value
BELOW MARKETFAIRABOVE MARKET
1629
COMPS USED
$3,795/m²
WARD MEDIAN
MLIT
DATA SOURCE
High
CONFIDENCE
PULSE SCORE · LAND
How it scores
Caution · 27/100
Caution <50Consider 50–69Strong 70+
Land Price per m² vs Ward Median0/25
$2,868/m²/buildable m² — 47% above Katsushika benchmark $1,949/m² ✗✗ (zoned FAR — road width unverified)
Price vs MLIT Fair Value-6 pts
+47% above MLIT fair value ✗
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity4/15
16-min walk to station — longer commute
Land Size3/15
52.07m² — compact plot
Zone & Development Grade8/15
Quasi-industrial zone — verify intended use
Freehold Ownership10/10
Freehold (所有権) — full land title ✓
Unlock yield estimates, STR guidance and full breakdown on Investor plan
Start free trial →This score is algorithmic and does not constitute investment advice. Full methodology →
PROPERTY INTELLIGENCE
Ward market context
MARKET RANK
Top 95%
vs Katsushika listings
FLEXIBILITY
Medium
Estimated from price positioning
LAND ECONOMICS
$5,551/m²+46%
Katsushika median $3,795/m²
STRUCTURE VALUE
—Land play
Depreciated — land-value play
COMPARABLE PROPERTIES
Top 9 of 27 matches· incl. 3 MLIT sold
葛飾区水元2丁目 築浅戸建
Katsushika
MLIT Recorded Sale72% MatchSOLD
$290,323
$290,323 · ¥64.3万/m²
東金町
—
70m²
—
MLIT verified · Q2 2024
MLIT Recorded Sale72% MatchSOLD
$290,323
$290,323 · ¥69.2万/m²
四つ木
—
65m²
—
MLIT verified · Q2 2024
対面キッチン リビング階段 コミュニケーション増える家
Katsushika
MLIT Recorded Sale69% MatchSOLD
$296,774
$296,774 · ¥65.7万/m²
新小岩
—
70m²
—
MLIT verified · Q4 2023
64% MatchACTIVE60% MatchACTIVE60% MatchACTIVEアルテシモ クレルトルテ 10階
Koto
9 Drops
Price Drops
1005 New
Last 30 Days
6 Rec
MLIT Sold · 2yr
Medium · 27
Data
TokyoInvestor aggregates public listings and provides research estimates. Verify all details with licensed real estate professionals before purchasing. STR eligibility reflects ward-level guidance only — confirm with building management. Valuation scores are algorithmic estimates, not appraisals.