◍ Suginami Ward, Tokyo
Land in Suginami
$224,516
✓ Freehold✓ Rebuildable
PULSE SCORE
34/100
Caution
VS FAIR VALUE
-41%
Below estimate
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$3,498/m²
-41% vs ward
VALUATION · MLIT DATA
Is this a good deal?
FAIR VALUE EST.
$379,196
$322,316–$436,075
LISTED PRICE
$224,516
-41% below
BELOWFAIRABOVE
PRICE HISTORY
No price changes since listing.
PULSE SCORE · LAND
How it scores
● Caution · 34/100
Land Price per m² vs Ward Median0/25
$4,519/m²/buildable m² — 61% above Suginami benchmark $2,815/m² ✗✗ (zoned FAR — road width unverified)
Price vs MLIT Fair Value+3 pts
-36% below MLIT fair value — genuine discount ✓
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity8/15
12-min walk to station
Land Size3/15
64.18m² — compact 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
64.18 m²
LAYOUT
—
BUILT
—
STRUCTURE
—
TITLE
Freehold
🚉 Honancho Station · 12 min walk
About this property
✦ AI summaryA 64.18 m² freehold land plot in Suginami, Tokyo. Located 12 min walk from Honancho 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 46%
vs Suginami
FLEXIBILITY
Medium
From price positioning
LAND ECON.
$3,498/m²-41%
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 Sale90%SOLD
$225,806
65m² · Q2 2023
MLIT Sale82%SOLD
$232,258
60m² · Q4 2023
MLIT Sale76%SOLD
$245,161
60m² · Q1 2023
64%$230,968
3LDK · 68.03m²
62%$224,516
1LDK · 63.75m²
62%$224,516
2DK · 13.22m²
56%$237,419
2DK · 58.32m²
ＧＥ多摩川フロント 1階
Ota
$211,613
35.77m²
54%$225,806
1DK · 30m²
ALL-IN COST
List Price$224,516
Acquisition Tax (~3%)$6,735
Registration (~2%)$4,490
Agent Fee (~3.3%)$7,409
Total All-in$243,151
RENTAL YIELD ESTIMATOR
Gross Yield4.83%
Annual Rent$10,839
$224,516
● Caution · 34/100
Freehold1 / 3Suginami Ward, Tokyo
Land in Suginami
LISTED PRICE
$224,516
$3,498/m² land
VS FAIR VALUEBelow Market
-41%
Below estimate· Est. $379,196
PULSE SCORE
34/100
Caution
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$3,498/m²
-41% vs ward
About This Property
AI-generated summaryA 64.18 m² freehold land plot in Suginami, Tokyo. Located 12 min walk from Honancho 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
$379,196
Range $322,316 – $436,075
LISTED PRICE
$224,516
-41% 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 · 34/100
Caution <50Consider 50–69Strong 70+
Land Price per m² vs Ward Median0/25
$4,519/m²/buildable m² — 61% above Suginami benchmark $2,815/m² ✗✗ (zoned FAR — road width unverified)
Price vs MLIT Fair Value+3 pts
-36% below MLIT fair value — genuine discount ✓
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity8/15
12-min walk to station
Land Size3/15
64.18m² — compact 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 46%
vs Suginami listings
FLEXIBILITY
Medium
Estimated from price positioning
LAND ECONOMICS
$3,498/m²-41%
Suginami median $5,908/m²
STRUCTURE VALUE
—Land play
Depreciated — land-value play
COMPARABLE PROPERTIES
Top 9 of 9 matches· incl. 3 MLIT sold
MLIT Recorded Sale90% MatchSOLD
$225,806
$225,806 · ¥53.8万/m²
成田東
—
65m²
—
MLIT verified · Q2 2023
MLIT Recorded Sale82% MatchSOLD
$232,258
$232,258 · ¥60.0万/m²
西荻北
—
60m²
—
MLIT verified · Q4 2023
MLIT Recorded Sale76% MatchSOLD
$245,161
$245,161 · ¥63.3万/m²
久我山
—
60m²
—
MLIT verified · Q1 2023
64% MatchACTIVE62% MatchACTIVE62% MatchACTIVE56% MatchACTIVEＧＥ多摩川フロント 1階
Ota
54% MatchACTIVE$225,806
$225,806
6.3 km
1DK
30m²
2005
Not Available
9 Drops
Price Drops
1005 New
Last 30 Days
6 Rec
MLIT Sold · 2yr
Medium · 9
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.