Nishishinagawa, Shinagawa Ward: property prices and land values

西品川(品川区)

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

Avg. residential land price
¥886K/m²
≈ $520/sq ft · 1 sites
#19 of 19 neighborhoods
Avg. commercial land price
No data
1-year change
+12.3%
Residential +12.3% · commercial —
5 years / 10 years
+42.0% / +81.2%
Same sites, chained
Pre-owned condos per m²
¥1.40M/m²
70 m² ≈ ¥98.0M · 23 sales
Pre-owned houses (median)
¥95.0M
≈ $600K · 30 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
ResidentialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
+6.0% a year
¥886K/m²¥939K/m²¥1.06M/m²¥1.19M/m²¥1.59M/m²

Forecasts are projections, not guarantees. 10-year range: ¥1.30M/m²–¥1.87M/m²

Nishishinagawa, Shinagawa Ward compared with larger areas

AreaAvg. residential≈ USD/sq ftNishishinagawa, Shinagawa Ward is1 year5 yearsCondos per m²Index
Nishishinagawa, Shinagawa Ward ¥886K/m²$520/sq ft +12.3%+42.0% ¥1.40M/m²—
Shinagawa Ward ¥1.24M/m²$728/sq ft 0.71x+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 7.4x+2.1%+8.0% ¥493K/m²—

Official land price survey sites highest first · 1 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
東京都 品川区西品川1丁目1225番4
Land Price Publication 2026
Residential¥886K/m²$520/sq ft +12.3%下神明
600 m

Transaction prices MLIT Real Estate Information Library · last 2 years · 61 sales

Condos per m² (median)
¥1.40M/m²
Condo price (median)
¥64.0M
Land & building (median)
¥95.0M
Land per m² (median)
¥1.10M/m²

Sales in the loaded period: Pre-owned condo 56 · Land & building 50 · Land 11

DistrictPeriodTypePriceAreaBuiltPer m²
NishishinagawaQ2 2026Land & building (contract) ¥130.0M55 m²2023—
NishishinagawaQ2 2026Pre-owned condo (contract) ¥100.0M90 m²1997¥1.11M/m²
NishishinagawaQ2 2026Pre-owned condo (contract) ¥32.0M25 m²2020¥1.28M/m²
NishishinagawaQ2 2026Land & building (contract) ¥98.0M55 m²2015—
NishishinagawaQ2 2026Land & building (contract) ¥92.0M60 m²2025—
NishishinagawaQ2 2026Pre-owned condo ¥56.0M30 m²2025¥1.87M/m²
NishishinagawaQ1 2026Land & building (contract) ¥140.0M100 m²1993—
NishishinagawaQ1 2026Pre-owned condo (contract) ¥170.0M75 m²2018¥2.27M/m²
NishishinagawaQ1 2026Pre-owned condo (contract) ¥76.0M55 m²2000¥1.38M/m²
NishishinagawaQ1 2026Land & building ¥380.0M130 m²2025—
NishishinagawaQ1 2026Land ¥140.0M125 m²—¥1.10M/m²
NishishinagawaQ1 2026Land & building ¥57.0M65 m²1981—
NishishinagawaQ1 2026Pre-owned condo ¥22.0M15 m²2009¥1.47M/m²
NishishinagawaQ4 2025Pre-owned condo (contract) ¥82.0M55 m²2000¥1.49M/m²
NishishinagawaQ4 2025Land & building (contract) ¥100.0M55 m²2014—
NishishinagawaQ4 2025Land & building (contract) ¥23.0M40 m²1964—
NishishinagawaQ4 2025Land & building (contract) ¥83.0M50 m²2018—
NishishinagawaQ4 2025Land & building ¥120.0M100 m²1968—
NishishinagawaQ4 2025Land ¥19.0M60 m²—¥310K/m²
NishishinagawaQ4 2025Land & building ¥41.0M230 m²1950—

Nearby neighborhoods

FAQ

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

The average price of residential land in Nishishinagawa, Shinagawa Ward is ¥886,000 per m² (about ¥2,928,926 per tsubo), based on 1 sites in the official land price surveys (2026).

Are land prices in Nishishinagawa, Shinagawa Ward going up?

Land prices in Nishishinagawa, Shinagawa Ward have risen by +12.3% on average over the past year. Over five years the change is +42.0%.

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

The median price of pre-owned condo transactions in the last two years is ¥1,400,000 per m², with a median price of ¥64.0 million (23 transactions, MLIT Real Estate Information Library).

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

The Fudosan Zukan model projects residential land prices to change by +6.0% a year, reaching about ¥1,586,691 per m² in 10 years (range ¥1,301,087–¥1,872,295). 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.