◍ Suginami Ward, Tokyo
Land in Suginami
$546,452
✓ Freehold✓ Rebuildable
PULSE SCORE
42/100
Caution
VS FAIR VALUE
-6%
Below estimate
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$5,560/m²
-6% vs ward
VALUATION · MLIT DATA
Is this a good deal?
FAIR VALUE EST.
$580,728
$493,619–$667,838
LISTED PRICE
$546,452
-6% below
BELOWFAIRABOVE
PRICE HISTORY
No price changes since listing.
PULSE SCORE · LAND
How it scores
● Caution · 42/100
Land Price per m² vs Ward Median4/25
$2,872/m²/buildable m² — near Suginami benchmark $2,815/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 Proximity8/15
12-min walk to station
Land Size6/15
98.29m² — standard plot
Zone & Development Grade6/15
Residential zone — residential build only
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
98.29 m²
LAYOUT
—
BUILT
—
STRUCTURE
—
TITLE
Freehold
🚉 Honancho Station · 12 min walk
About this property
✦ AI summaryA 98.29 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 95%
vs Suginami
FLEXIBILITY
Medium
From price positioning
LAND ECON.
$5,560/m²-6%
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
$548,387
100m² · Q3 2024
MLIT Sale90%SOLD
$548,387
100m² · Q1 2023
MLIT Sale88%SOLD
$548,387
95m² · Q3 2024
70%$482,581
2K · 59.62m²
64%$605,161
2LDK · 92.84m²
62%$548,387
3DK · 61.66m²
62%$548,387
1LDK · 98.48m²
62%$547,097
1LDK · 56.12m²
61%$514,839
3LDK · 78.11m²
ALL-IN COST
List Price$546,452
Acquisition Tax (~3%)$16,394
Registration (~2%)$10,929
Agent Fee (~3.3%)$18,033
Total All-in$591,807
RENTAL YIELD ESTIMATOR
Gross Yield4.82%
Annual Rent$26,323
$546,452
● Caution · 42/100
⚠
Check on SUUMO →This listing may no longer be available — it hasn't been seen in our latest scrape.
Freehold1 / 3Suginami Ward, Tokyo
Land in Suginami
LISTED PRICE
$546,452
$5,560/m² land
VS FAIR VALUE
-6%
Below estimate· Est. $580,728
PULSE SCORE
42/100
Caution
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$5,560/m²
-6% vs ward
About This Property
AI-generated summaryA 98.29 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
$580,728
Range $493,619 – $667,838
LISTED PRICE
$546,452
-6% 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 · 42/100
Caution <50Consider 50–69Strong 70+
Land Price per m² vs Ward Median4/25
$2,872/m²/buildable m² — near Suginami benchmark $2,815/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 Proximity8/15
12-min walk to station
Land Size6/15
98.29m² — standard plot
Zone & Development Grade6/15
Residential zone — residential build only
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 Suginami listings
FLEXIBILITY
Medium
Estimated from price positioning
LAND ECONOMICS
$5,560/m²-6%
Suginami median $5,908/m²
STRUCTURE VALUE
—Land play
Depreciated — land-value play
COMPARABLE PROPERTIES
Top 9 of 35 matches· incl. 3 MLIT sold
MLIT Recorded Sale90% MatchSOLD
$548,387
$548,387 · ¥85.0万/m²
南荻窪
—
100m²
—
MLIT verified · Q3 2024
MLIT Recorded Sale90% MatchSOLD
$548,387
$548,387 · ¥85.0万/m²
成田西
—
100m²
—
MLIT verified · Q1 2023
MLIT Recorded Sale88% MatchSOLD
$548,387
$548,387 · ¥89.5万/m²
上荻
—
95m²
—
MLIT verified · Q3 2024
70% MatchACTIVE64% MatchACTIVE62% MatchACTIVE62% MatchACTIVE62% MatchACTIVE61% MatchACTIVE9 Drops
Price Drops
1005 New
Last 30 Days
6 Rec
MLIT Sold · 2yr
Medium · 35
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.