Oaza Nishi, Nishiki Town: property prices and land values

西(錦町)

Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)

Avg. residential land price
¥10K/m²
≈ $6/sq ft · 1 sites
#1 of 3 neighborhoods
Avg. commercial land price
¥14K/m²
≈ $8/sq ft · 1 sites
1-year change
+2.2%
Residential +3.0% · commercial +1.5%
5 years / 10 years
+8.0% / +7.0%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥14.0M
≈ $88K · 4 sales
Real Estate Zukan Index
No data
Total real estate value Estimate
Coming soon

Map official land price survey sites

Tap anywhere on the map to get an estimate for that spot. Map: GSI Tiles.

Price trend and forecast average chained from the same survey sites

¥5,000/m²¥10K/m²¥15K/m²¥20K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+1.3% a year
¥10K/m²¥11K/m²¥11K/m²¥11K/m²¥12K/m²

Forecasts are projections, not guarantees. 10-year range: ¥9,708/m²–¥14K/m²

Oaza Nishi, Nishiki Town compared with larger areas

AreaAvg. residential≈ USD/sq ftOaza Nishi, Nishiki Town is1 year5 yearsCondos per m²Index
Oaza Nishi, Nishiki Town ¥10K/m²$6/sq ft +2.2%+8.0% ——
Nishiki Town ¥7,423/m²$4/sq ft 1.4x+0.9%+1.6% —45
Kumamoto ¥43K/m²$25/sq ft 0.24x+1.7%+8.4% ¥249K/m²66
Japan ¥120K/m²$70/sq ft 0.09x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
熊本県 球磨郡錦町大字西字名次場3287番37
Prefectural Survey 2026
Commercial¥14K/m²$8/sq ft +1.5%国道沿線に店舗、営業所等が建ち並ぶ商業地域
熊本県 球磨郡錦町大字西字指杉3339番13
Prefectural Survey 2026
Residential¥10K/m²$6/sq ft +3.0%中規模一般住宅の中に農地が見られる利便性の良い住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 15 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥14.0M
Land per m² (median)
¥9,400/m²

Sales in the loaded period: Farmland 13 · Land & building 11 · Land 9 · Forest 4

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza NishiQ1 2026Farmland ¥560K145 m²——
Oaza NishiQ4 2025Farmland ¥240K600 m²——
Oaza NishiQ4 2025Farmland ¥3.5M2,100 m²——
Oaza NishiQ4 2025Land ¥280K70 m²—¥3,900/m²
Oaza NishiQ3 2025Farmland ¥190K190 m²——
Oaza NishiQ3 2025Farmland ¥560K3,900 m²——
Oaza NishiQ3 2025Forest ¥350K680 m²——
Oaza NishiQ3 2025Land & building ¥27.0M510 m²2025—
Oaza NishiQ2 2025Land & building ¥5.8M470 m²1970—
Oaza NishiQ2 2025Land ¥5.4M570 m²—¥9,400/m²
Oaza NishiQ2 2025Land & building ¥16.0M730 m²1991—
Oaza NishiQ1 2025Forest ¥600K8,888 m²——
Oaza NishiQ1 2025Farmland ¥640K2,100 m²——
Oaza NishiQ1 2025Land ¥5.1M450 m²—¥11K/m²
Oaza NishiQ1 2025Land & building ¥12.0M710 m²1995—
Oaza NishiQ4 2024Farmland ¥18.0M8,888 m²——
Oaza NishiQ4 2024Forest ¥460K2,600 m²——
Oaza NishiQ4 2024Farmland ¥800K2,000 m²——
Oaza NishiQ4 2024Farmland ¥1.3M980 m²——
Oaza NishiQ4 2024Land ¥7.2M790 m²—¥9,100/m²

Nearby neighborhoods

FAQ

What is the average land price in Oaza Nishi, Nishiki Town?

The average price of residential land in Oaza Nishi, Nishiki Town is ¥10,400 per m² (about ¥34,380 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Oaza Nishi, Nishiki Town going up?

Land prices in Oaza Nishi, Nishiki Town have risen by +2.2% on average over the past year. Over five years the change is +8.0%.

What is the land price forecast for Oaza Nishi, Nishiki Town?

The Fudosan Zukan model projects residential land prices to change by +1.3% a year, reaching about ¥11,839 per m² in 10 years (range ¥9,708–¥13,970). Forecasts are projections, not guarantees.

Land prices are official survey prices (Land Price Publication as of January 1, Prefectural Land Price Survey as of July 1); transactions are MLIT transaction and contract prices. Averages, changes, forecasts and the index are calculated by Fudosan Zukan. All prices in Japanese yen; dollar figures (≈) at ¥158.25 = $1 are for reference. Estimated prices and forecasts on this site are for reference only and do not guarantee actual sale prices or appraisal values. The estimate is not a licensed real estate appraisal; it is an "AI-estimated price" calculated from public land price and transaction statistics. Forecasts are projections, not guarantees.