◍ Suginami Ward, Tokyo
Land in Suginami
$385,806
✓ Freehold✓ Rebuildable
PULSE SCORE
44/100
Caution
VS FAIR VALUE
-22%
Below estimate
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$4,592/m²
-22% vs ward
VALUATION · MLIT DATA
Is this a good deal?
FAIR VALUE EST.
$496,417
$421,954–$570,879
LISTED PRICE
$385,806
-22% below
BELOWFAIRABOVE
PRICE HISTORY
No price changes since listing.
PULSE SCORE · LAND
How it scores
● Caution · 44/100
Land Price per m² vs Ward Median0/25
$4,745/m²/buildable m² — 69% above Suginami benchmark $2,815/m² ✗✗ (zoned FAR — road width unverified)
Price vs MLIT Fair Value+3 pts
-16% below MLIT fair value — genuine discount ✓
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity15/15
3-min walk to station — excellent access ✓
Land Size6/15
84.02m² — standard plot
Zone & Development Grade2/15
Low-rise exclusive — most restrictive
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
84.02 m²
LAYOUT
—
BUILT
—
STRUCTURE
—
TITLE
Freehold
🚉 Nishi-Eifuku Station · 3 min walk
About this property
✦ AI summaryA 84.02 m² freehold land plot in Suginami, Tokyo. Located 3 min walk from Nishi-Eifuku 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 Suginami neighbourhood.
WARD MARKET CONTEXT
MARKET RANK
Top 80%
vs Suginami
FLEXIBILITY
Medium
From price positioning
LAND ECON.
$4,592/m²-22%
Median $5,908/m²
STRUCTURE
—Land play
Land-value play
Area Guide · Suginami
✦ AI summarySuginami ward — centred on Koenji, Asagaya, and Ogikubo along the JR Chuo-Sobu line — is Tokyo's cultural heartland for musicians, artists, and designers. Lower prices than central wards combined with excellent Shinjuku access support consistent rental demand.
COMPARABLES
Similar nearby
MLIT Sale88%SOLD
$374,194
85m² · Q1 2023
MLIT Sale85%SOLD
$393,548
80m² · Q3 2023
MLIT Sale85%SOLD
$406,452
85m² · Q2 2023
67%$385,806
3LDK · 64.89m²
65%$348,323
2LDK · 69.95m²
59%$398,710
1LDK · 80.05m²
パレステージ大島 2階
Koto
$372,903
45.86m²
59%$374,194
1LDK · 38m²
57%$482,581
2K · 59.62m²
ALL-IN COST
List Price$385,806
Acquisition Tax (~3%)$11,574
Registration (~2%)$7,716
Agent Fee (~3.3%)$12,732
Total All-in$417,828
RENTAL YIELD ESTIMATOR
Gross Yield4.82%
Annual Rent$18,581
$385,806
● Caution · 44/100
Freehold1 / 3Suginami Ward, Tokyo
Land in Suginami
LISTED PRICE
$385,806
$4,592/m² land
VS FAIR VALUEBelow Market
-22%
Below estimate· Est. $496,417
PULSE SCORE
44/100
Caution
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$4,592/m²
-22% vs ward
About This Property
AI-generated summaryA 84.02 m² freehold land plot in Suginami, Tokyo. Located 3 min walk from Nishi-Eifuku 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 Suginami neighbourhood.
Area Guide · Suginami
AI-generated summarySuginami ward — centred on Koenji, Asagaya, and Ogikubo along the JR Chuo-Sobu line — is Tokyo's cultural heartland for musicians, artists, and designers. Lower prices than central wards combined with excellent Shinjuku access support consistent rental demand.
VALUATION · MLIT MARKET DATA
Is this a good deal?
FAIR VALUE ESTIMATE
$496,417
Range $421,954 – $570,879
LISTED PRICE
$385,806
-22% below fair value
BELOW MARKETFAIRABOVE MARKET
2267
COMPS USED
$5,908/m²
WARD MEDIAN
MLIT
DATA SOURCE
High
CONFIDENCE
PULSE SCORE · LAND
How it scores
Caution · 44/100
Caution <50Consider 50–69Strong 70+
Land Price per m² vs Ward Median0/25
$4,745/m²/buildable m² — 69% above Suginami benchmark $2,815/m² ✗✗ (zoned FAR — road width unverified)
Price vs MLIT Fair Value+3 pts
-16% below MLIT fair value — genuine discount ✓
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity15/15
3-min walk to station — excellent access ✓
Land Size6/15
84.02m² — standard plot
Zone & Development Grade2/15
Low-rise exclusive — most restrictive
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 80%
vs Suginami listings
FLEXIBILITY
Medium
Estimated from price positioning
LAND ECONOMICS
$4,592/m²-22%
Suginami median $5,908/m²
STRUCTURE VALUE
—Land play
Depreciated — land-value play
COMPARABLE PROPERTIES
Top 9 of 31 matches· incl. 3 MLIT sold
MLIT Recorded Sale88% MatchSOLD
$374,194
$374,194 · ¥68.2万/m²
本天沼
—
85m²
—
MLIT verified · Q1 2023
MLIT Recorded Sale85% MatchSOLD
$393,548
$393,548 · ¥76.3万/m²
久我山
—
80m²
—
MLIT verified · Q3 2023
MLIT Recorded Sale85% MatchSOLD
$406,452
$406,452 · ¥74.1万/m²
和泉
—
85m²
—
MLIT verified · Q2 2023
67% MatchACTIVE65% MatchACTIVE59% MatchACTIVEパレステージ大島 2階
Koto
59% MatchACTIVE$374,194
$374,194
9.3 km
1LDK
38m²
2020
Not Available
57% MatchACTIVE9 Drops
Price Drops
1005 New
Last 30 Days
6 Rec
MLIT Sold · 2yr
Medium · 31
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.