◍ Katsushika Ward, Tokyo
Land in Katsushika
$641,935
✓ Freehold✓ Rebuildable
PULSE SCORE
77/100
Strong
VS FAIR VALUE
+35%
Above estimate
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$5,106/m²
+35% vs ward
VALUATION · MLIT DATA
Is this a good deal?
FAIR VALUE EST.
$477,116
$405,548–$548,683
LISTED PRICE
$641,935
+35% above
BELOWFAIRABOVE
PRICE HISTORY
No price changes since listing.
PULSE SCORE · LAND
How it scores
● Strong · 77/100
Land Price per m² vs Ward Median25/25
$1,055/m²/buildable m² — 46% below Katsushika benchmark $1,949/m² ✓✓ (zoned FAR — road width unverified)
Price vs MLIT Fair Value-6 pts
+35% above MLIT fair value ✗
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity15/15
5-min walk to station — excellent access ✓
Land Size10/15
125.72m² — good buildable plot ✓
Zone & Development Grade15/15
Commercial zone (商業地域) — hotel and mixed-use eligible ✓
Freehold Ownership10/10
Freehold (所有権) — full land title ✓
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Start free trial →PROPERTY FACTS
FLOOR
—
LAND
125.72 m²
LAYOUT
—
BUILT
—
STRUCTURE
—
TITLE
Freehold
🚉 Shin-Koiwa Station · 5 min walk
About this property
✦ AI summaryA 125.72 m² freehold land plot in Katsushika, Tokyo. Located 5 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.
$5,106/m²+35%
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 Sale78%SOLD
$600,000
135m² · Q1 2023
MLIT Sale74%SOLD
$554,839
120m² · Q4 2023
MLIT Sale72%SOLD
$561,290
135m² · Q4 2024
62%$643,871
1LDK · 91.77m²
フィールM西新宿 9階
Shinjuku
$645,032
65.62m²
TOKYOシティトリエ 9階
Toshima
$645,032
62.06m²
61%$645,161
2DK · 42.06m²
フィールM西新宿 9階
Shinjuku
$630,968
65.62m²
TOKYOシティトリエ 9階
Toshima
$625,677
62.06m²
ALL-IN COST
List Price$641,935
Acquisition Tax (~3%)$19,258
Registration (~2%)$12,839
Agent Fee (~3.3%)$21,184
Total All-in$695,216
RENTAL YIELD ESTIMATOR
Gross Yield4.82%
Annual Rent$30,968
$641,935
● Strong · 77/100
⚠
Check on SUUMO →This listing may no longer be available — it hasn't been seen in our latest scrape.
Freehold1 / 3Katsushika Ward, Tokyo
Land in Katsushika
LISTED PRICE
$641,935
$5,106/m² land
VS FAIR VALUEOverpriced
+35%
Above estimate· Est. $477,116
PULSE SCORE
77/100
Strong
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$5,106/m²
+35% vs ward
About This Property
AI-generated summaryA 125.72 m² freehold land plot in Katsushika, Tokyo. Located 5 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
$477,116
Range $405,548 – $548,683
LISTED PRICE
$641,935
+35% 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
Strong · 77/100
Caution <50Consider 50–69Strong 70+
Land Price per m² vs Ward Median25/25
$1,055/m²/buildable m² — 46% below Katsushika benchmark $1,949/m² ✓✓ (zoned FAR — road width unverified)
Price vs MLIT Fair Value-6 pts
+35% above MLIT fair value ✗
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity15/15
5-min walk to station — excellent access ✓
Land Size10/15
125.72m² — good buildable plot ✓
Zone & Development Grade15/15
Commercial zone (商業地域) — hotel and mixed-use eligible ✓
Freehold Ownership10/10
Freehold (所有権) — full land title ✓
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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
$5,106/m²+35%
Katsushika median $3,795/m²
STRUCTURE VALUE
—Land play
Depreciated — land-value play
COMPARABLE PROPERTIES
Top 9 of 30 matches· incl. 3 MLIT sold
MLIT Recorded Sale78% MatchSOLD
$600,000
$600,000 · ¥68.9万/m²
新小岩
—
135m²
—
MLIT verified · Q1 2023
MLIT Recorded Sale74% MatchSOLD
$554,839
$554,839 · ¥71.7万/m²
東四つ木
—
120m²
—
MLIT verified · Q4 2023
MLIT Recorded Sale72% MatchSOLD
$561,290
$561,290 · ¥64.4万/m²
亀有
—
135m²
—
MLIT verified · Q4 2024
62% MatchACTIVEフィールM西新宿 9階
Shinjuku
TOKYOシティトリエ 9階
Toshima
61% MatchACTIVEフィールM西新宿 9階
Shinjuku
TOKYOシティトリエ 9階
Toshima
9 Drops
Price Drops
1005 New
Last 30 Days
6 Rec
MLIT Sold · 2yr
Medium · 30
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.