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A 2,200 square meter block of land in Roppongi will go up for public sale by the local finance bureau next month. The government-owned property was previously used to provide subsidised housing for government employees.

The property is located next-door to the Embassy of Saudi Arabia and 50 meters south of Izumi Garden. The land value was estimated at around 7.3 billion Yen back in 2011. Land prices around this area have risen between 15 ~ 30% since then, which could mean that the current land value is closer to 8 ~ 9.5 billion Yen (approx. 77 ~ 92 million USD).

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