Tokyo Land Prices in October, 2010

Based on current market prices, the average price of a 100sqm (1,076sqft) piece of land in Tokyo is as follows:

Minato-ku (201 plots)
100sqm = 123,300,000 JPY (4,076,00 JPY/Tsubo)

Shibuya-ku (294 plots)
100sqm = 95,052,000 JPY (3,142,000 JPY/Tsubo)

Meguro-ku (264 plots)
100sqm = 75,092,000 JPY (2,482,000 JPY/Tsubo)

Setagaya-ku (1,466 plots)
100sqm = 65,523,000 JPY (2,166,000 JPY/Tsubo)

The above data is sourced from the Homes database of land currently for sale. This data is current for October 1, 2010.

1 Tsubo = 3.3 sqm.

by Zoe Ward

Asakusa Tower to go ahead despite opposition from Sensoji Temple

Asakusa Tower

Asakusa's Sensoji Temple lost their court case against the development of high-rise apartment building under construction less than 400 meters away from the temple. The temple argued that the development went against city plans to limit residential buildings to 5 stories. No reason was given for the ruling against their case.Read more

by Zoe Ward