Gibo Land average value

Price 31,278,205 JPY
  (117,392 JPY/sq.m)
- Dist. from Sta. 12.9 min walk
- Property area 311.3 sq.m

The average price of a sq.m Land of Okinawa Monorail Gibo, in 2016 was 167,219 JPY/sq.m. The market value represents an increase of 65,055 JPY (+63.7%) compared to 1 year ago and a transition to a dramatic market. 4 properties exchanged hands ( The market value represents an increase of 1 (+33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 275.0 sq.m (a +60.2% increase compared to the 171.7 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

Data regarding the market value and its changes of Land in Gibo were calculated using data on the sales of 78 properties provided by the MLIT Japan.

Gibo Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
首里大名町18,000,000 JPY360,628 JPY/sq.mGibo9 min
首里大中町17,000,000 JPY401,415 JPY/sq.mGibo9 min
首里大名町4,400,000 JPY363,636 JPY/sq.mGibo9 min
首里平良町16,000,000 JPY459,934 JPY/sq.mGibo9 min
首里大中町1,600,000 JPY176,307 JPY/sq.mGibo9 min

Okinawa Monorail Railway market report

2017. Jan Mar
 2 tradings
2016. Jan Dec
 56 tradings
2015. Jan Sep
 44 tradings
2014. Jan Dec
 51 tradings
2013. Jan Dec
 119 tradings
---1Q
2
-3Q
18
2Q
10
1Q
12
-3Q
15
2Q
5
1Q
24
4Q
1
3Q
22
2Q
21
1Q
7
4Q
14
3Q
30
2Q
27
1Q
48
Note! Internet Explorer version 8.0 or less and some versions of Firefox are not able to support our website. For those on Windows XP, please use Google Chrome to access our site.
See Supported Browser

Land value Distance From The Station transition

Market values (unit price: sq.m, m2) in terms of Distance From The Station, is as follow.

The orange line means market values (unit price: sq.m) for Land in terms of Distance From The Station. The orange line changes on the basis of distance from the train station and area of the property (* For example , if the distance from the station is far, the lower the unit price.).

The dots means trading data. When you mouseover or touch the dot, details of the trading data is displayed. You can color (classify) the dots on the basis of the property area, distance from the stations, or the property price, etc.

(* You can scroll and zoom with pinch in the mobile environment.)
(* When you double-click, the value of Distance From The Station is updated.)
{{(expShow==true) ? 'Close' : 'Show all'}}
Color:

Unit:
Property Details:
{{infoObj.place}} {{infoObj.stations[0]}} {{infoObj.station_distance}} min walk)
Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- Trading date: {{infoObj.trade_date|date:'MMMM, yyyy'}}

When you change the slider, the unit price will change.

Age of a building Property area Total floor area Distance from the station




Top

Calculate Gibo Land market value

We can calculate market values for Land based on their age, area, and distance from a train station.

Age
years old
Area
sq.m
Total floor space
sq.m
Distance from the station
min walk

Market values for Okinawa Monorail Gibo Land that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true}}
({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.

Top

Trading data in Gibo

Past Land sales data, with similarly entered ages, area, and distances from station are as follows.

{{$index+1}}. {{item.place}} {{item.stations[0]}} {{item.station_distance}} min walk)
{{item.days_elapsed|days_year}} years old , Area: {{item.dimension}} sq.m , Total floor area: {{item.dimension_all}} sq.m , Layout: {{item.floor_plan}} , Structure: {{item.structure}}
- Trading date: {{item.trade_date|date:'MMMM, yyyy'}}
Trading price:   {{item.price|number:0}} JPY,    Unit price:   {{item.unit_price|number:0}} JPY/sq.m

Top

Land market value trends

Market value trends for Land are as follows.

Data:

Unit:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

The table below shows Land dealt in Okinawa Monorail Gibo, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.

Segment:

Top

Area close to the price in Gibo

The closest areas in terms of Land price ranges to this area are ones like the following that are along a railway line and have a station.

Area / Station Median
Price
JPY
Unit price
JPY/sq.m
Age
Years old
Distance
min walk
Area
Okinawa Monorail Shuri (162) [Stations]25,000,000116,000 yrs15 min230 sq.m
Okinawa Monorail Ounoyamakouenn (42) [Stations]21,000,000108,094 yrs11 min200 sq.m
Okinawa Monorail Tsubogawa (42) [Stations]22,500,000126,793 yrs18 min187 sq.m
Okinawa Monorail Akamine (60) [Stations]29,500,000100,000 yrs14 min275 sq.m
Other Okinawa Monorail (882) [Stations]26,000,000140,000 yrs10 min230 sq.m
Top