Kobe Rapid Transit Railway Tozai Line Hyogo 2016-2Q
Land market report

Kobe Rapid Transit Railway Tozai Line railway market report

Kobe Rapid Transit Railway Tozai Line Land market overview

The average price of a sq.m Land of Kobe Rapid Transit Railway Tozai Line (Nishidai to Motomachi), in Apr, 2016 to Jun, 2016 was 242,401 JPY/sq.m. The market value represents an increase of 86,116 JPY (+55.1%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 401.0 sq.m (a +313.4% increase compared to the 97.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large size more than 200 sq.m.

0 stations have experienced increased prices; 1 stations have experienced decreased prices. The market value decreased in all stations.

The top 1 stations has seen prices increase -32.9% (-48,780 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -32.9% (-48,780 JPY/sq.m).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 7.2 min in 2015 and 11.8 min in 2016; +63.9%)

Breakdown of each segment

The table below shows Land dealt in Kobe Rapid Transit Railway Tozai Line, 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:

※各年ごとの取引件数の割合が高いセグメントほど赤く表示

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Land stations market overview

The average price of a sq.m Land of Kousokunagata, the highest market value along this railway was 99,702 JPY/sq.m. The market value represents a decrease of 48,780 JPY (-32.9%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 1 (-25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Land of Kousokunagata, the lowest market value along this railway was 99,702 JPY/sq.m. The market value represents a decrease of 48,780 JPY (-32.9%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 1 (-25.0%) compared to 1 year ago and a transition to a dramatic market.).

Kobe Rapid Transit Railway Tozai Line (Stations Land market overview)
Kobe Rapid Transit Railway Tozai LineThis year(2016)1 year ago2 years ago
Nishidai---
Kousokunagata99,702 JPY (0.0Y/320.0sq.m)148,482 JPY (0.0Y/111.2sq.m)-
Daikai---
Shinnkaichi505,494 JPY (0.0Y/910.0sq.m)-183,333 JPY (0.0Y/105.0sq.m)
Kousokukoube-187,500 JPY (0.0Y/40.0sq.m)-
Hanakuma407,407 JPY (0.0Y/135.0sq.m)--
Nishimotomachi--70,967 JPY (0.0Y/155.0sq.m)
Motomachi---

*Average unit prices per sq.m of Land at each train station were calculated using the Utinokati database of actual market sales prices (based on surveys conducted by the Ministry of Land, Infrastructure, Transport, and Tourism of Japan). Units: JPY (Japanese Yen); parenthesis contain average age in years of building / equivalent measurement of area of real estate.

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Noteworthy stations

Kousokunagata99,702 JPY/sq.m (-33% compared with the previous year)

The average price of a sq.m Land of Kousokunagata was 99,702 JPY/sq.m. The market value represents a decrease of 48,780 JPY (-32.9%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents a decrease of 1 (-25.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 320.0 sq.m (a +187.6% increase compared to the 111.2 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.0 min in 2015 and 16.3 min in 2016; +104.2%)

Breakdown of each segment

Station:   Segment:

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Utinokati, Outi Research

*If you wish to use or reproduce this data, please enter the URL (https://utinokati.com/en/) where the data will be posted. (As a general rule, prior consent is not required.) Our data is based on Ministry of Land, Infrastructure, Transport, and Tourism of Japan (actual market sales prices)