Okinawa Monorail Land market overview [Show ]

The average price of a sq.m Land of Okinawa Okinawa Monorail, in 2017 was 177,778 JPY/sq.m. The market value represents an increase of 7,365 JPY (+4.3%) compared to 1 year ago and a transition to a some market. 2 properties exchanged hands ( The market value represents a decrease of 38 (-95.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 112.5 sq.m (a -68.0% decrease compared to the 351.2 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving size for a general family households less than 100 sq.m.

Causes of price decreases

  • An increase in average distance from the station (representing 11.3 min in 2016 and 12.5 min in 2017; +10.4%)
Data regarding the market value and its changes of Land in Okinawa Monorail were calculated using data on the sales of 882 properties provided by the MLIT Japan.





Market value

StationsAverage Trading PriceAverage Unit Price
Akamine [Land utilization ]39,116,667 JPY103,838 JPY/sq.m
Oroku [Land utilization ]25,415,517 JPY133,288 JPY/sq.m
Ounoyamakouenn [Land utilization ]31,371,429 JPY108,400 JPY/sq.m
Tsubogawa [Land utilization ]67,609,762 JPY134,336 JPY/sq.m
Asahibashi [Land utilization ]114,263,158 JPY220,330 JPY/sq.m
Kennchoumae [Land utilization ]66,598,730 JPY193,546 JPY/sq.m
Miebashi [Land utilization ]85,406,000 JPY189,895 JPY/sq.m
Makishi [Land utilization ]46,608,621 JPY169,232 JPY/sq.m
Asato [Land utilization ]26,814,444 JPY114,522 JPY/sq.m
Omoromachi [Land utilization ]56,226,087 JPY199,797 JPY/sq.m
Furujima [Land utilization ]44,067,857 JPY156,229 JPY/sq.m
Shiritsubyouinnmae [Land utilization ]27,337,500 JPY122,136 JPY/sq.m
Gibo [Land utilization ]31,278,205 JPY117,392 JPY/sq.m
Shuri [Land utilization ]27,620,833 JPY120,014 JPY/sq.m