Ginza / Nihonbashi
銀座・日本橋
TokyoInvestment Index
Significant Decline
Ginza commands Tokyo's highest price per square meter. But transaction volume tells you whether demand is real or speculative.
What buyers actually paid vs listing site prices
Listing sites
~¥1,792,000/m²
Actual price
¥1,600,000/m²
-11%
* Listing price estimated based on typical asking-to-transaction gaps.
Market Trends
Prices have risen 92% over the displayed period. Check whether current momentum is sustainable.
Median price per m² and transaction volume from MLIT government data. Tap data points for details.
Price vs Building Age
A 40-year-old building trades at roughly half the price of a new one. Building age is one of the biggest price drivers in this area.
Investment Guide by Building Age
Recommendations for foreign investors based on seismic standards, depreciation, and financing.
| Age | Median/m² | Count | Seismic | Tax Life | Verdict |
|---|---|---|---|---|---|
| 0–10 yrs | ¥1,920,000 | 10 | ✓ Modern | 37–47 yrs remaining | ● Recommended |
| 11–20 yrs | ¥1,687,500 | 18 | ✓ Modern | 27–36 yrs remaining | ● Recommended |
| 21–30 yrs | ¥1,600,000 | 17 | △ Post-1981 | 17–26 yrs remaining | ◐ Caution |
| 40+ yrs | ¥850,000 | 5 | ✗ Pre-1981 | 0–6 yrs remaining | ○ High Risk |
● Recommended = Post-2000 seismic standard, financeable, strong resale · ◐ Caution = Post-1981, verify repair history · ○ High Risk = Pre-1981, limited financing, higher insurance
Market Evidence
Recent transaction samples from MLIT
These are actual sale prices recorded by the government — typically 5-15% below listing site prices.
| Date | Price | Area | Price/㎡ | Built | Station |
|---|---|---|---|---|---|
| Q3 2025 | ¥130,000,000 $815,405 | 55.0 m² | ¥2,363,636 $14,826 | 2015 11 years | Kachidoki |
| Q3 2025 | ¥100,000,000 $627,235 | 65.0 m² | ¥1,538,462 $9,650 | 2009 17 years | Kachidoki |
| Q3 2025 | ¥310,000,000 $1,944,427 | 95.0 m² | ¥3,263,158 $20,468 | 2015 11 years | Kachidoki |
| Q3 2025 | ¥43,000,000 $269,711 | 35.0 m² | ¥1,228,571 $7,706 | 2012 14 years | Ningyocho |
Showing 4 of 50 transactions.
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* Data sourced from MLIT (Ministry of Land, Infrastructure, Transport and Tourism) public records. Sample transactions may not represent all market activity.
Who Invests in Ginza / Nihonbashi
Typical Investor
Luxury retail investors, high-net-worth individuals, trophy asset seekers
Investment Thesis
Japan's most prestigious commercial address. Limited residential supply in a global luxury destination.
Key Risk
Extremely high entry cost. Commercial property dominates — residential options are scarce.