Ginza / Nihonbashi

銀座・日本橋

Tokyo
79

Investment Index

Significant Decline

Price trend: 123Volume: 5Price level: 82

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.

128,163transactions analyzed
MLIT government data
Updated Q3 2025
¥1,600,000/㎡ ($10,036/㎡)median
132transactions
Highconfidence

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

Post-20001981–2000Pre-1981

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.

Depreciation: ¥28,644/m² per yearEst. new-build: ¥2,268,016/m²
Premium (+20%+)Fair Value (±20%)Below Market (−20%+)

Investment Guide by Building Age

Recommendations for foreign investors based on seismic standards, depreciation, and financing.

AgeMedian/m²CountSeismicTax LifeVerdict
0–10 yrs¥1,920,00010✓ Modern37–47 yrs remaining Recommended
11–20 yrs¥1,687,50018✓ Modern27–36 yrs remaining Recommended
21–30 yrs¥1,600,00017△ Post-198117–26 yrs remaining Caution
40+ yrs¥850,0005✗ Pre-19810–6 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.

4 of 50
Q3 2025Built 2015 (11y)
¥130,000,000
$815,405
55.0|¥2,363,636/m²
Kachidoki
Q3 2025Built 2009 (17y)
¥100,000,000
$627,235
65.0|¥1,538,462/m²
Kachidoki
Q3 2025Built 2015 (11y)
¥310,000,000
$1,944,427
95.0|¥3,263,158/m²
Kachidoki
Q3 2025Built 2012 (14y)
¥43,000,000
$269,711
35.0|¥1,228,571/m²
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.

Compare with Similar Areas

Ginza / Nihonbashi — Frequently Asked Questions

What is the difference between asking price and actual transaction price in Japan?
Listing sites show asking prices set by sellers. JRE shows actual transaction prices recorded by Japan's Ministry of Land (MLIT) after deals close. The gap is typically 10-20%. This means buyers usually pay significantly less than listed prices.
Can foreigners buy property in Ginza / Nihonbashi?
Yes. Japan has zero restrictions on foreign property ownership. No visa, residency, or citizenship is required. The buying process is identical for foreigners and Japanese citizens.
How reliable is the transaction data on JRE?
All transaction data comes from MLIT (Ministry of Land, Infrastructure, Transport and Tourism) — Japan's government agency. These are actual recorded sale prices, not estimates or asking prices. Data confidence for Ginza / Nihonbashi is High based on 132+ recorded transactions.
What is the median condo price in Ginza / Nihonbashi?
Based on MLIT government records, the median actual transaction price for condos in Ginza / Nihonbashi is ¥1,600,000/㎡ (approximately $10,036/㎡). This is the price buyers actually paid, not the asking price.
Are land prices rising or falling in Ginza / Nihonbashi?
Official 2026 land price data shows Ginza / Nihonbashi recorded a +5.7% change year-over-year. The national average was +2.8%. Ginza / Nihonbashi is outperforming the national average.
Is Ginza / Nihonbashi a good area to invest in Japanese real estate?
Ginza / Nihonbashi's Investment Index on JRE is 79, combining MLIT price trends, transaction volume, and price level vs the broader market (100 is neutral on the JRE index scale). For full analysis including history and building-age context, see the charts and evidence on this page.
How many property transactions were recorded in Ginza / Nihonbashi?
MLIT records show 132+ transactions in Ginza / Nihonbashi for the latest period on this page. Data confidence level: High. More transactions mean more reliable price benchmarks for investors.