Hankyu Kyoto Main Line railway market report

Hankyu Kyoto Main Line Land market overview

The average price of a sq.m Land of Hankyu Kyoto Main Line (Ooyamazaki to Kawaramachi), in Apr, 2014 to Jun, 2014 was 255,243 JPY/sq.m. The market value represents an increase of 41,368 JPY (+19.3%) compared to 1 year ago and a transition to a bull market. 19 properties exchanged hands ( The market value represents a decrease of 17 (-47.2%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 216.8 sq.m (a -35.6% decrease compared to the 336.8 sq.m of last year.).

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

7 stations have experienced increased prices; 2 stations have experienced decreased prices. The overall trend was the same as last year. Nagaokatennjinn, Nishimukou, Rakusaiguchi, Katsura, Nishikyougoku, Saiinn station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Saiinn station, where prices have increased +90.9% compared to last year; a sq.m unit now costs 428,204 JPY/sq.m.

The top 2 stations has seen prices increase +82.9% (+158,433 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -51.2% (-415,292 JPY/sq.m).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 17.3 min in 2013 and 11.2 min in 2014; -35.4%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 11.1% of total transactions in 2013 and 21.1% of total transactions in 2014)

Breakdown of each segment

The table below shows Land dealt in Hankyu Kyoto Main 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 Kawaramachi, the highest market value along this railway was 705,263 JPY/sq.m. The market value represents a decrease of 513,487 JPY (-42.1%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average price of a sq.m Land of Nishimukou, the lowest market value along this railway was 126,014 JPY/sq.m. The market value represents an increase of 39,087 JPY (+45.0%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 1 (+50.0%) compared to 1 year ago and a transition to a dramatic market.).

Hankyu Kyoto Main Line (Stations Land market overview)
Hankyu Kyoto Main LineThis year(2014)1 year ago2 years ago
Ooyamazaki-146,190 JPY (0.0Y/152.5sq.m)86,842 JPY (0.0Y/380.0sq.m)
Nishiyama-Tennozan---
Nagaokatennjinn215,018 JPY (0.0Y/170.0sq.m)143,601 JPY (0.0Y/133.3sq.m)124,040 JPY (0.0Y/369.0sq.m)
Nishimukou126,014 JPY (0.0Y/590.0sq.m)86,928 JPY (0.0Y/215.0sq.m)183,331 JPY (0.0Y/276.0sq.m)
Higashimukou153,304 JPY (0.0Y/230.0sq.m)131,178 JPY (0.0Y/417.5sq.m)207,194 JPY (0.0Y/346.2sq.m)
Rakusaiguchi263,636 JPY (0.0Y/110.0sq.m)150,670 JPY (0.0Y/580.0sq.m)142,857 JPY (0.0Y/210.0sq.m)
Katsura293,042 JPY (0.0Y/105.0sq.m)193,992 JPY (0.0Y/265.0sq.m)179,074 JPY (0.0Y/546.3sq.m)
Nishikyougoku304,761 JPY (0.0Y/105.0sq.m)205,866 JPY (0.0Y/233.0sq.m)217,440 JPY (0.0Y/433.3sq.m)
Saiinn428,204 JPY (0.0Y/110.0sq.m)224,305 JPY (0.0Y/341.2sq.m)262,051 JPY (0.0Y/123.3sq.m)
Oomiya209,569 JPY (0.0Y/122.5sq.m)526,666 JPY (0.0Y/1500.0sq.m)324,656 JPY (0.0Y/235.0sq.m)
Karasuma---
Kawaramachi705,263 JPY (0.0Y/95.0sq.m)1,218,750 JPY (0.0Y/320.0sq.m)-

*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

Saiinn428,204 JPY/sq.m (+91% compared with the previous year)

The average price of a sq.m Land of Saiinn was 428,204 JPY/sq.m. The market value represents an increase of 203,900 JPY (+90.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 110.0 sq.m (a -67.8% decrease compared to the 341.2 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 8.8 min in 2013 and 4.0 min in 2014; -54.3%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 25.0% of total transactions in 2013 and 100.0% of total transactions in 2014)

Rakusaiguchi263,636 JPY/sq.m (+75% compared with the previous year)

The average price of a sq.m Land of Rakusaiguchi was 263,636 JPY/sq.m. The market value represents an increase of 112,966 JPY (+75.0%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 3 (-75.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 110.0 sq.m (a -81.0% decrease compared to the 580.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 14.5 min in 2013 and 6.0 min in 2014; -58.6%)

Oomiya209,569 JPY/sq.m (-60% compared with the previous year)

The average price of a sq.m Land of Oomiya was 209,569 JPY/sq.m. The market value represents a decrease of 317,097 JPY (-60.2%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 122.5 sq.m (a -91.8% decrease compared to the 1500.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 3.0 min in 2013 and 10.0 min in 2014; +233.3%)

Kawaramachi705,263 JPY/sq.m (-42% compared with the previous year)

The average price of a sq.m Land of Kawaramachi was 705,263 JPY/sq.m. The market value represents a decrease of 513,487 JPY (-42.1%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands (It was the same as last year.).

The average size of the real estate was 95.0 sq.m (a -70.3% decrease compared to the 320.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 8.0 min in 2013 and 6.0 min in 2014; -25.0%)

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)