Nishigotanda, Shinagawa Ward: property prices and land values

西五反田(品川区)

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

Avg. residential land price
¥1.11M/m²
≈ $651/sq ft · 3 sites
#6 of 19 neighborhoods
Avg. commercial land price
¥4.10M/m²
≈ $2,408/sq ft · 4 sites
1-year change
+14.3%
Residential +12.0% · commercial +16.0%
5 years / 10 years
+44.4% / +82.2%
Same sites, chained
Pre-owned condos per m²
¥1.50M/m²
70 m² ≈ ¥105.0M · 334 sales
Pre-owned houses (median)
¥155.0M
≈ $979K · 20 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¥2.00M/m²¥4.00M/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+6.0% a year
¥1.11M/m²¥1.18M/m²¥1.32M/m²¥1.49M/m²¥1.99M/m²

Forecasts are projections, not guarantees. 10-year range: ¥1.63M/m²–¥2.35M/m²

Nishigotanda, Shinagawa Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftNishigotanda, Shinagawa Ward is1 year5 yearsCondos per m²Index
Nishigotanda, Shinagawa Ward ¥1.11M/m²$651/sq ft +14.3%+44.4% ¥1.50M/m²—
Shinagawa Ward ¥1.24M/m²$728/sq ft 0.90x+13.8%+46.5% ¥1.31M/m²99
Tokyo ¥547K/m²$321/sq ft 2.0x+8.1%+27.3% ¥1.00M/m²100
Japan ¥120K/m²$70/sq ft 9.3x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 7 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 品川区西五反田1丁目2番3外
Land Price Publication 2026
Commercial¥7.93M/m²$4,654/sq ft +18.4%五反田
100 m
東京都 品川区西五反田2丁目29番9外
Land Price Publication 2026
Commercial¥3.93M/m²$2,307/sq ft +16.3%五反田
370 m
東京都 品川区西五反田2丁目9番1
Land Price Publication 2026
Commercial¥3.19M/m²$1,872/sq ft +18.6%五反田
270 m
東京都 品川区西五反田五丁目484番4
Prefectural Survey 2026
Commercial¥1.36M/m²$798/sq ft +10.6%飲食店、店舗兼住宅等が建ち並ぶ駅前の商業地域
東京都 品川区西五反田4丁目552番10
Land Price Publication 2026
Residential¥1.29M/m²$757/sq ft +14.2%不動前
400 m
東京都 品川区西五反田四丁目818番10
Prefectural Survey 2026
Residential¥1.04M/m²$610/sq ft +9.5%中小規模住宅、アパート等が混在する住宅地域
東京都 品川区西五反田5丁目160番10
Land Price Publication 2026
Residential¥1.00M/m²$587/sq ft +12.4%不動前
500 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 359 sales

Condos per m² (median)
¥1.50M/m²
Condo price (median)
¥55.0M
Land & building (median)
¥155.0M
Land per m² (median)
¥840K/m²

Sales in the loaded period: Pre-owned condo 604 · Land & building 36 · Land 10

DistrictPeriodTypePriceAreaBuiltPer m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥13.0M20 m²1989¥650K/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥22.0M25 m²1985¥880K/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥37.0M40 m²1980¥925K/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥100.0M70 m²2000¥1.43M/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥87.0M60 m²1998¥1.45M/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥28.0M40 m²1981¥700K/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥53.0M50 m²1979¥1.06M/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥38.0M25 m²2018¥1.52M/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥95.0M55 m²2000¥1.73M/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥43.0M45 m²1979¥956K/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥45.0M45 m²1981¥1.00M/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥170.0M55 m²2024¥3.09M/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥26.0M25 m²2006¥1.04M/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥81.0M40 m²2019¥2.02M/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥230.0M75 m²2017¥3.07M/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥47.0M50 m²1982¥940K/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥39.0M40 m²1979¥975K/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥150.0M75 m²2013¥2.00M/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥8.0M20 m²1985¥400K/m²
NishigotandaQ2 2026Pre-owned condo (contract) ¥69.0M40 m²1991¥1.73M/m²

Nearby neighborhoods

FAQ

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

The average price of residential land in Nishigotanda, Shinagawa Ward is ¥1,110,000 per m² (about ¥3,669,421 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Nishigotanda, Shinagawa Ward going up?

Land prices in Nishigotanda, Shinagawa Ward have risen by +14.3% on average over the past year. Over five years the change is +44.4%.

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

The median price of pre-owned condo transactions in the last two years is ¥1,500,000 per m², with a median price of ¥55.0 million (334 transactions, MLIT Real Estate Information Library).

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

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥1,987,841 per m² in 10 years (range ¥1,630,030–¥2,345,652). 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.