Minamishinagawa, Shinagawa Ward: property prices and land values

南品川(品川区)

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

Avg. residential land price
¥896K/m²
≈ $526/sq ft · 3 sites
#18 of 19 neighborhoods
Avg. commercial land price
¥1.24M/m²
≈ $725/sq ft · 2 sites
1-year change
+12.3%
Residential +11.4% · commercial +13.6%
5 years / 10 years
+42.5% / +72.3%
Same sites, chained
Pre-owned condos per m²
¥1.25M/m²
70 m² ≈ ¥87.5M · 109 sales
Pre-owned houses (median)
¥90.0M
≈ $569K · 28 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

¥0/m²¥500K/m²¥1.00M/m²¥1.50M/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+6.0% a year
¥896K/m²¥950K/m²¥1.07M/m²¥1.20M/m²¥1.61M/m²

Forecasts are projections, not guarantees. 10-year range: ¥1.32M/m²–¥1.89M/m²

Minamishinagawa, Shinagawa Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftMinamishinagawa, Shinagawa Ward is1 year5 yearsCondos per m²Index
Minamishinagawa, Shinagawa Ward ¥896K/m²$526/sq ft +12.3%+42.5% ¥1.25M/m²—
Shinagawa Ward ¥1.24M/m²$728/sq ft 0.72x+13.8%+46.5% ¥1.31M/m²99
Tokyo ¥547K/m²$321/sq ft 1.6x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$70/sq ft 7.5x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 5 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 品川区南品川三丁目434番1外
Prefectural Survey 2026
Commercial¥1.44M/m²$845/sq ft +9.9%飲食店、小売店舗等が連たんする駅前の商業地域
東京都 品川区南品川4丁目534番20
Land Price Publication 2026
Commercial¥1.03M/m²$605/sq ft +17.2%新馬場
350 m
東京都 品川区南品川6丁目1436番2
Land Price Publication 2026
Residential¥952K/m²$559/sq ft +10.6%大井町
500 m
東京都 品川区南品川4丁目488番4
Land Price Publication 2026
Residential¥902K/m²$530/sq ft +11.8%新馬場
430 m
東京都 品川区南品川1丁目218番3
Land Price Publication 2026
Residential¥835K/m²$490/sq ft +11.9%新馬場
350 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 144 sales

Condos per m² (median)
¥1.25M/m²
Condo price (median)
¥61.0M
Land & building (median)
¥90.0M
Land per m² (median)
¥1.20M/m²

Sales in the loaded period: Pre-owned condo 203 · Land & building 59 · Land 19

DistrictPeriodTypePriceAreaBuiltPer m²
MinamishinagawaQ2 2026Pre-owned condo (contract) ¥130.0M70 m²2012¥1.86M/m²
MinamishinagawaQ2 2026Pre-owned condo (contract) ¥82.0M40 m²2013¥2.05M/m²
MinamishinagawaQ2 2026Pre-owned condo (contract) ¥99.0M60 m²2005¥1.65M/m²
MinamishinagawaQ2 2026Pre-owned condo (contract) ¥92.0M60 m²2014¥1.53M/m²
MinamishinagawaQ2 2026Pre-owned condo (contract) ¥110.0M80 m²2007¥1.38M/m²
MinamishinagawaQ2 2026Pre-owned condo (contract) ¥100.0M60 m²2011¥1.67M/m²
MinamishinagawaQ2 2026Pre-owned condo (contract) ¥100.0M55 m²2017¥1.82M/m²
MinamishinagawaQ2 2026Pre-owned condo (contract) ¥190.0M110 m²1983¥1.73M/m²
MinamishinagawaQ2 2026Pre-owned condo (contract) ¥60.0M60 m²1971¥1.00M/m²
MinamishinagawaQ2 2026Pre-owned condo (contract) ¥120.0M75 m²1983¥1.60M/m²
MinamishinagawaQ2 2026Pre-owned condo ¥56.0M30 m²1983¥1.87M/m²
MinamishinagawaQ2 2026Pre-owned condo ¥29.0M20 m²2017¥1.45M/m²
MinamishinagawaQ2 2026Land & building ¥150.0M95 m²1976—
MinamishinagawaQ1 2026Pre-owned condo (contract) ¥93.0M75 m²2007¥1.24M/m²
MinamishinagawaQ1 2026Pre-owned condo (contract) ¥140.0M75 m²2012¥1.87M/m²
MinamishinagawaQ1 2026Pre-owned condo (contract) ¥110.0M90 m²1983¥1.22M/m²
MinamishinagawaQ1 2026Pre-owned condo (contract) ¥85.0M40 m²2019¥2.12M/m²
MinamishinagawaQ1 2026Pre-owned condo (contract) ¥75.0M55 m²1995¥1.36M/m²
MinamishinagawaQ1 2026Pre-owned condo (contract) ¥190.0M80 m²2009¥2.38M/m²
MinamishinagawaQ1 2026Pre-owned condo (contract) ¥21.0M35 m²1987¥600K/m²

Nearby neighborhoods

FAQ

What is the average land price in Minamishinagawa, Shinagawa Ward?

The average price of residential land in Minamishinagawa, Shinagawa Ward is ¥896,333 per m² (about ¥2,963,084 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Minamishinagawa, Shinagawa Ward going up?

Land prices in Minamishinagawa, Shinagawa Ward have risen by +12.3% on average over the past year. Over five years the change is +42.5%.

How much do pre-owned condos cost in Minamishinagawa, Shinagawa Ward?

The median price of pre-owned condo transactions in the last two years is ¥1,250,000 per m², with a median price of ¥61.0 million (109 transactions, MLIT Real Estate Information Library).

What is the land price forecast for Minamishinagawa, Shinagawa Ward?

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥1,605,196 per m² in 10 years (range ¥1,316,261–¥1,894,131). 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.