Gibo Land average value
Price 31,278,205 JPY
- 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 156,292 JPY/sq.m. The market value represents an increase of 54,128 JPY (+53.0%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands (It was the same as last year.).
The average size of the real estate was 336.7 sq.m (a +96.1% 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.
Causes of price decreases
- An increase in average distance from the station (representing 9.7 min in 2015 and 11.3 min in 2016; +17.2%)
Gibo Land transaction price list
|area||Trading Price||Unit Price||Station||Distance from the station|
|首里大名町||18,000,000 JPY||360,628 JPY/sq.m||Gibo||9 min|
|首里大中町||17,000,000 JPY||401,415 JPY/sq.m||Gibo||9 min|
|首里大名町||4,400,000 JPY||363,636 JPY/sq.m||Gibo||9 min|
|首里平良町||16,000,000 JPY||459,934 JPY/sq.m||Gibo||9 min|
|首里大中町||1,600,000 JPY||176,307 JPY/sq.m||Gibo||9 min|