Makabi, Naha City: property prices and land values

真嘉比(那覇市)

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

Avg. residential land price
¥312K/m²
≈ $183/sq ft · 1 sites
#8 of 37 neighborhoods
Avg. commercial land price
¥417K/m²
≈ $245/sq ft · 1 sites
1-year change
+5.2%
Residential +4.7% · commercial +5.6%
5 years / 10 years
+20.4% / +96.0%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
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

¥100K/m²¥200K/m²¥300K/m²¥400K/m²¥500K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+4.0% a year
¥312K/m²¥325K/m²¥351K/m²¥380K/m²¥464K/m²

Forecasts are projections, not guarantees. 10-year range: ¥380K/m²–¥547K/m²

Makabi, Naha City compared with larger areas

AreaAvg. residential≈ USD/sq ftMakabi, Naha City is1 year5 yearsCondos per m²Index
Makabi, Naha City ¥312K/m²$183/sq ft +5.2%+20.4% ——
Naha City ¥232K/m²$136/sq ft 1.3x+6.0%+21.9% ¥475K/m²91
Okinawa ¥99K/m²$58/sq ft 3.1x+6.1%+27.2% ¥477K/m²81
Japan ¥120K/m²$70/sq ft 2.6x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 2 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
沖縄県 那覇市真嘉比2丁目4番9
Prefectural Survey 2026
Commercial¥417K/m²$245/sq ft +5.6%店舗、共同住宅、事務所等が建ち並ぶ国道沿いの路線商業地域
沖縄県 那覇市真嘉比2丁目22番3
Prefectural Survey 2026
Residential¥312K/m²$183/sq ft +4.7%一般住宅等が建ち並ぶ区画整然とした住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 4 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
—
Land per m² (median)
—

Sales in the loaded period: Land 3 · Pre-owned condo 1 · Land & building 1

DistrictPeriodTypePriceAreaBuiltPer m²
MakabiQ1 2026Land & building ¥88.0M175 m²2011—
MakabiQ1 2026Land ¥65.0M170 m²—¥380K/m²
MakabiQ4 2025Pre-owned condo (contract) ¥70.0M80 m²2023¥875K/m²
MakabiQ4 2025Land ¥80.0M250 m²—¥320K/m²
MakabiQ4 2024Land ¥66.0M180 m²—¥370K/m²

Nearby neighborhoods

FAQ

What is the average land price in Makabi, Naha City?

The average price of residential land in Makabi, Naha City is ¥312,000 per m² (about ¥1,031,405 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Makabi, Naha City going up?

Land prices in Makabi, Naha City have risen by +5.2% on average over the past year. Over five years the change is +20.4%.

What is the land price forecast for Makabi, Naha City?

The Fudosan Zukan model projects residential land prices to change by +4.0% a year, reaching about ¥463,573 per m² in 10 years (range ¥380,130–¥547,016). 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 ¥158.29 = $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.