◍ Katsushika Ward, Tokyo
Land in Katsushika
$197,419
✓ Freehold✓ Rebuildable
PULSE SCORE
33/100
Caution
VS FAIR VALUE
-2%
Below estimate
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$3,732/m²
-2% vs ward
VALUATION · MLIT DATA
Is this a good deal?
FAIR VALUE EST.
$200,759
$170,645–$230,873
LISTED PRICE
$197,419
-2% below
BELOWFAIRABOVE
PRICE HISTORY
No price changes since listing.
PULSE SCORE · LAND
How it scores
● Caution · 33/100
Land Price per m² vs Ward Median4/25
$1,928/m²/buildable m² — near Katsushika benchmark $1,949/m² ✗ (zoned FAR — road width unverified)
Price vs MLIT Fair ValueNo change
Near MLIT fair value ✓
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity0/15
21-min walk to station — far from transit ✗
Land Size3/15
52.9m² — 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
52.9 m²
LAYOUT
—
BUILT
—
STRUCTURE
—
TITLE
Freehold
🚉 Shin-Koiwa Station · 21 min walk
About this property
✦ AI summaryA 52.9 m² freehold land plot in Katsushika, Tokyo. Located 21 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 67%
vs Katsushika
FLEXIBILITY
Medium
From price positioning
LAND ECON.
$3,732/m²-2%
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
MLIT Sale87%SOLD
$200,000
55m² · Q3 2024
MLIT Sale82%SOLD
$206,452
50m² · Q3 2024
MLIT Sale75%SOLD
$174,194
50m² · Q3 2023
66%$198,710
4LDK · 86.11m²
66%$198,710
4LDK · 86.11m²
65%$193,484
3LDK · 72.7m²
63%$205,161
3LDK · 72.86m²
63%$205,161
3LDK · 72.86m²
59%$192,258
2K · 67.04m²
ALL-IN COST
List Price$197,419
Acquisition Tax (~3%)$5,923
Registration (~2%)$3,948
Agent Fee (~3.3%)$6,515
Total All-in$213,805
RENTAL YIELD ESTIMATOR
Gross Yield4.71%
Annual Rent$9,290
$197,419
● Caution · 33/100
Freehold1 / 2Katsushika Ward, Tokyo
Land in Katsushika
LISTED PRICE
$197,419
$3,732/m² land
VS FAIR VALUE
-2%
Below estimate· Est. $200,759
PULSE SCORE
33/100
Caution
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$3,732/m²
-2% vs ward
About This Property
AI-generated summaryA 52.9 m² freehold land plot in Katsushika, Tokyo. Located 21 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
$200,759
Range $170,645 – $230,873
LISTED PRICE
$197,419
-2% below 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 · 33/100
Caution <50Consider 50–69Strong 70+
Land Price per m² vs Ward Median4/25
$1,928/m²/buildable m² — near Katsushika benchmark $1,949/m² ✗ (zoned FAR — road width unverified)
Price vs MLIT Fair ValueNo change
Near MLIT fair value ✓
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity0/15
21-min walk to station — far from transit ✗
Land Size3/15
52.9m² — 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 67%
vs Katsushika listings
FLEXIBILITY
Medium
Estimated from price positioning
LAND ECONOMICS
$3,732/m²-2%
Katsushika median $3,795/m²
STRUCTURE VALUE
—Land play
Depreciated — land-value play
COMPARABLE PROPERTIES
Top 9 of 27 matches· incl. 3 MLIT sold
MLIT Recorded Sale87% MatchSOLD
$200,000
$200,000 · ¥56.4万/m²
四つ木
—
55m²
—
MLIT verified · Q3 2024
MLIT Recorded Sale82% MatchSOLD
$206,452
$206,452 · ¥64.0万/m²
お花茶屋
—
50m²
—
MLIT verified · Q3 2024
MLIT Recorded Sale75% MatchSOLD
$174,194
$174,194 · ¥54.0万/m²
亀有
—
50m²
—
MLIT verified · Q3 2023
66% MatchACTIVE66% MatchACTIVE65% MatchACTIVE63% MatchACTIVE63% MatchACTIVE59% MatchACTIVE9 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.