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SUMMARY
Hiroshima is one of the easier major Japanese cities to buy into on a normal budget: around ¥20 million can still buy a legitimate resale home, ¥30–40 million opens up most of the useful mainstream market, and ¥50 million is already a strong family-home budget.
The biggest dividing line is not simply central versus suburban Hiroshima. It is new versus resale. Existing family condos can still sit in the mid-¥20 millions, while comparable new developments routinely move into the ¥40–60 million range.
¥30 million is probably the most flexible budget in the city. It broadly matches the resale-condo market in Naka Ward, buys good family apartments elsewhere, and starts reaching detached houses once we move farther from the core.
Detached housing is where Hiroshima still looks especially affordable. Around ¥35–40 million can buy a newly built family house in several wards, while the same money may buy only a compact new apartment in the strongest central locations.
Moving away from Naka and Minami can almost halve the cost of an existing house. That discount is real, but some of it pays for longer commutes, hillside locations, older housing estates and weaker resale liquidity.
The Hiroshima Station premium is substantial. Resale condos around the station sit well above the citywide benchmark, and new projects can carry low-looking entry prices only because their smallest units are much smaller than a normal family apartment.
Below ¥20 million, ownership is still possible without dropping into purely distressed stock, but compromises become much harder to avoid. Age, access, floor area and renovation risk begin doing most of the work behind the low price.
Above roughly ¥50 million, additional spending increasingly buys location, newness and quality rather than simply making home ownership possible. By ¥70 million, buyers are already above most of Hiroshima's ordinary family market, and ¥100 million is firmly luxury territory.
Cheap houses deserve more scrutiny than cheap condos because Hiroshima's geography can add costs that are not obvious from the building itself. Retaining walls, drainage, steep sites, road access and renovation can turn an apparently cheap property into an expensive one quite quickly.
Prices are rising in Hiroshima's stronger locations, but buyers do not need to behave as if the whole city is running away from them. Recent resale prices have risen while transaction volumes have weakened, which points to a more selective market rather than indiscriminate bidding.
For most buyers, the strongest budget remains around ¥30–40 million. That is where Hiroshima offers enough choice to compare neighborhoods and property types instead of accepting whatever compromises happen to fit the price ceiling.
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Is Hiroshima property expensive now?
Hiroshima property is still fairly affordable for a major Japanese city today, but new homes in the best locations have become much harder to buy cheaply.
The clearest starting point is the resale market. According to the latest West Japan REINS figures for Hiroshima Prefecture, completed second-hand condominium sales averaged about ¥27.2 million for 72.6 m². AtHome's current Hiroshima City listings are cheaper at the median asking level: roughly ¥22.8 million across resale condos, with 3LDKs around ¥23.9 million.
Once we separate the wards, the idea of a single "Hiroshima price" starts falling apart. Current resale-condo asking levels are about ¥29.7 million in Naka, ¥27.0 million in Minami, ¥21.8 million in Nishi, ¥22.8 million in Asaminami and below ¥19 million in Higashi, Asakita and Aki.
New property sits much higher. A family-sized new condominium frequently costs ¥40–60 million these days, while the current asking-price benchmark for a newly built detached house across Hiroshima City is about ¥35.8 million.
| Hiroshima market | Current price indication | What the money generally buys | Main catch |
|---|---|---|---|
| Resale condo, citywide | ~¥22.8m asking | Normal existing apartment | Age varies widely |
| 3LDK resale condo | ~¥23.9m asking | Family-sized apartment | Prime locations cost more |
| Resale detached house | ~¥26.5m asking | House with land | Often older |
| New detached house | ~¥35.8m asking | Modern family house | Usually outside the core |
| New family condo | Often ¥40–60m | 60–80 m² modern apartment | Large new-build premium |
What can ¥10 million buy in Hiroshima today?
A ¥10 million Hiroshima budget can still buy an actual property, but buyers are mostly choosing between a small apartment and an old home with compromises.
AtHome's current citywide resale listings put studio apartments around ¥4.15 million, 1K units around ¥6.98 million and 2DK units around ¥6.9 million. Even 3DK apartments sit around ¥11.8 million, which shows how low the entry point can still go.
Detached houses occasionally appear below ¥10 million as well. The current asking-price benchmark for a 3DK resale house is around ¥7 million and for a 4DK around ¥7.9 million. Those figures need careful reading: cheap Hiroshima houses often sit farther from convenient transport and can be several decades old.
For someone who simply wants ownership at the lowest possible price, ¥10 million remains workable. For a modern family home with easy access to central Hiroshima, the budget is too tight.
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Is ¥20 million enough to buy a normal home in Hiroshima?
A ¥20 million budget currently buys a perfectly normal resale home in several parts of Hiroshima, provided we are flexible on age or distance from the center.
Current resale-condo asking levels are around ¥18.95 million in Higashi Ward, ¥18.8 million in Asakita and ¥17.45 million in Aki. Nishi and Asaminami only move modestly above that budget, at roughly ¥21.8 million and ¥22.8 million respectively.
Detached houses also enter the picture. A resale house currently averages around ¥18.8 million in Asakita and ¥22 million in Aki. West Japan REINS data put completed resale-house transactions across Hiroshima Prefecture around the low-¥20-million range.
The catch is age. REINS data show that the typical resale house changing hands in the prefecture is around 30 years old. At ¥20 million, we can buy plenty of physical space, but the roof, insulation, seismic condition, plumbing and exterior deserve much more attention than they would in a newer property.
Is ¥30 million the sweet spot for buying property in Hiroshima?
¥30 million is probably the most flexible mainstream property budget in Hiroshima right now.
A typical 3LDK resale condominium is currently listed around ¥23.9 million across the city, while larger 4LDK-or-more units average roughly ¥28 million. That gives a ¥30 million buyer enough room to shop rather than chase the cheapest listings available.
The same money behaves very differently depending on where we spend it. In Naka Ward, ¥30 million broadly matches the current resale-condo market and buys urban convenience. In Asaminami or Saeki, the budget can reach detached houses. In Asakita, ¥30 million is already close to the current benchmark for a brand-new house.
New central condominiums stretch the budget much more. A unit at Verdy The Tower Hiroshima Sta. starts around ¥33.8 million, but the smallest layouts are only 41.2 m². Presance Loger Ginzancho Centia starts just below ¥30 million, yet its entry units begin at only 32.45 m².
Two Hiroshima properties costing roughly ¥30 million can therefore feel as if they belong to completely different markets: one might be a compact new central apartment, while another is a full-size older family home farther out.
| Around ¥30m | What we can realistically buy | Typical compromise |
|---|---|---|
| Naka Ward | Resale 2LDK–3LDK | Older building |
| Hiroshima Station area | Smaller or older condo | Size |
| Nishi Ward | Good resale family condo | Less central |
| Asaminami | Resale condo or detached house | Longer commute |
| Asakita | Resale house or entry-level new house | Distance from center |
| New central condo | Usually compact unit | Much less space |
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What does ¥40 million buy in Hiroshima now?
¥40 million currently gets us into new-build territory across a large part of Hiroshima.
AtHome's latest asking-price data put newly built detached houses at about ¥34.8 million in Higashi, ¥34.98 million in Asaminami, ¥29.8 million in Asakita, ¥33.8 million in Aki and ¥34.8 million in Saeki. Even Naka currently sits just below ¥40 million on the portal's benchmark, while Minami and Nishi are around ¥42.3 million and ¥40.6 million.
That means ¥40 million can buy an ordinary new family house without pushing deep into Hiroshima's outskirts. The condo market gives us less space for the same money. Predia Inokuchi EAST currently starts around ¥39.9 million for units beginning at 66.7 m², while WEST starts around ¥41.4 million.
So ¥40 million is where the choice gets interesting. We can buy a new detached house with more space in an outer residential ward, or put roughly the same money into an apartment if location and easier transport matter more.
What can ¥50 million buy in Hiroshima?
A ¥50 million budget currently buys either a good new family condominium or a strong detached house almost anywhere outside Hiroshima's most expensive pockets.
Several live developments show how far ¥50 million goes. Verdy Kusunokicho in Nishi Ward currently asks roughly ¥43.0–57.9 million for 65–71 m² 3LDKs. Predia Inokuchi sells roughly 67–73 m² units around ¥39.9–51.9 million. Alpha States Kogo Naka ranges from about ¥38.8 million to ¥61.2 million for 60–76 m².
At the same budget, detached housing gives us much more space. The current benchmark for a new Hiroshima City house is about ¥35.8 million, and even Minami Ward averages about ¥42.3 million. A ¥50 million house buyer therefore has room to choose a better plot, larger floor plan or stronger location rather than merely trying to get into the market.
The trade-off around ¥50 million is unusually clear: condo buyers are paying heavily for a new building and urban convenience, while house buyers can usually get considerably more land and interior space.
| Around ¥50m | Example | Approx. size | Current price |
|---|---|---|---|
| Verdy Kusunokicho | New 3LDK, Nishi | 65–71 m² | ¥43.0–57.9m |
| Predia Inokuchi | New 2LDK+S–4LDK, Nishi | 67–73 m² | ¥39.9–51.9m |
| Alpha States Kogo Naka | New 2LDK–3LDK, Nishi | 60–76 m² | ¥38.8–61.2m |
| New Hiroshima house | City benchmark | Typically family-sized | ~¥35.8m |
| New Minami house | Ward benchmark | Typically family-sized | ~¥42.3m |
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How much cheaper is housing outside central Hiroshima?
Moving away from central Hiroshima can cut the price of a detached house by almost half.
Current AtHome resale-house benchmarks make the difference easy to see. Minami Ward is around ¥39.8 million and Naka around ¥38.8 million. Asakita is only about ¥18.8 million, Aki about ¥22 million and Higashi around ¥24.8 million.
That gap reflects more than distance on a map. Hiroshima has a relatively constrained flat urban core, while large residential areas extend onto hillsides and farther along rail and road corridors. Buyers pay much more for flat land, easy transport and quick access to the center.
Official Hiroshima land-price data point in the same direction. Residential land has recently been rising fastest in Naka and Minami, while some older peripheral housing estates remain much softer.
A household willing to commute farther can therefore turn a ¥25–30 million budget into a house purchase that would require close to ¥40 million in a central ward.
How expensive is it to live near Hiroshima Station?
Property around Hiroshima Station currently carries a clear premium, although small apartments can make the headline prices look deceptively low.
AtHome's resale-condo benchmark around Hiroshima Station is roughly ¥33.4 million, compared with about ¥22.8 million across Hiroshima City. That difference is already substantial before we look at new construction.
Verdy The Tower Hiroshima Sta., around seven minutes on foot from the station, currently ranges from about ¥33.8 million to ¥189.9 million. The cheapest number should not be read as evidence that new station-area housing is cheap: the project starts at only 41.2 m² and reaches 135.6 m² at the top end.
A ¥30–35 million buyer can still live around Hiroshima Station, especially in the resale market or in a smaller new unit. Buyers wanting a modern 70 m²-class family apartment should expect a much higher bill.
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Can ¥30 million still buy a home in central Naka Ward?
¥30 million can still buy a normal resale condominium in Hiroshima's Naka Ward today.
Current AtHome listings put Naka Ward resale condos at about ¥29.7 million overall. That figure makes central ownership attainable without a luxury budget, particularly for buyers comfortable with an existing building.
The expensive part of Naka Ward shows up when we combine new construction, large floor area and the strongest addresses. Official land valuations illustrate just how large the internal differences are: residential sites in desirable parts of Senda-machi and Hirano-machi reach several hundred thousand yen per square meter.
So a ¥30 million central-Hiroshima budget remains realistic, but we are usually buying an older apartment rather than a large new one.
What does ¥70 million buy in Hiroshima?
¥70 million currently puts a buyer above most of Hiroshima's mainstream housing market and into genuinely premium property.
A large share of the city's new family condominiums are priced below this level. Current projects around Nishi and other well-connected wards often top out somewhere in the ¥50–60 million range, while higher-end developments start to push beyond it.
Grand Verdy Ushita Honmachi, for example, currently has a 76.43 m² unit at ¥65.88 million. At The Florence Hijiyama Honmachi, prices begin around ¥49.9 million but rise far above ¥100 million for the biggest residences.
With ¥70 million, ordinary concerns about simply finding enough bedrooms or floor space mostly disappear. The extra money increasingly goes toward a central address, a newer building, a better view, a larger corner unit or a more exclusive development.
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What does ¥100 million buy in Hiroshima?
¥100 million is already a luxury-home budget in Hiroshima.
Current new-build listings make that easy to quantify. The Florence Hijiyama Honmachi reaches about ¥158.9 million for its largest units, while Verdy The Tower Hiroshima Sta. runs as high as roughly ¥189.9 million. Those prices exist in Hiroshima, but they sit far above the city's normal family-housing market.
At ¥100 million, buyers can shop among large premium apartments in central or particularly desirable locations. The budget is roughly four times the asking level of a typical resale condominium across the city.
Hiroshima has a real luxury tier, but buyers do not need anything close to ¥100 million to get a good home.
Is buying a new condominium in Hiroshima worth the premium?
New Hiroshima condominiums currently cost enough more than resale units that buyers should have a clear reason for paying the premium.
As seen above, a normal 3LDK resale condominium across Hiroshima City is currently around ¥23.9 million on AtHome. Meanwhile, live new developments frequently ask around ¥40–60 million for family-sized units.
Some of that gap comes from location, specification and floor area rather than building age alone. Still, the difference is too large to shrug off. A buyer spending ¥25–30 million in the resale market can often get the basic family floor plan that costs another ¥15–25 million in a new development.
New construction can make sense for buyers who value modern insulation, newer seismic standards, lower immediate repair needs and a building they plan to keep for a long time. Buyers mainly chasing usable space have a much stronger value proposition in Hiroshima's resale market.
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Are Hiroshima's cheapest houses actually good value?
Some cheap Hiroshima houses are excellent value, but a low asking price can quickly lose its appeal once renovation and site problems enter the calculation.
The age of the existing housing stock is the first warning. West Japan REINS data show resale houses changing hands across Hiroshima Prefecture at roughly 30 years old on average. These properties can be large—the typical sold house has around 119 m² of building area—but age changes what we need to inspect.
Hiroshima's geography adds another issue. Cheap suburban houses can sit on steep sites, behind retaining walls or in older hillside estates. Drainage, landslide exposure, road access and the condition of retaining structures can matter as much as the building itself.
A ¥15 million house that needs ¥8 million of work is really a ¥23 million house. At that point, the cleaner ¥20–25 million alternative down the road may simply be the better buy.
How much should you keep aside for buying costs in Hiroshima?
A Hiroshima property buyer should usually leave several million yen between the advertised price and the maximum total budget.
Japanese property purchases can involve brokerage fees, registration costs, judicial-scrivener fees, acquisition tax, loan charges, insurance and other closing expenses. The exact amount changes substantially between new and resale properties, cash and financed purchases, and properties that qualify for tax reductions.
Resale homes deserve a bigger contingency. An older house may need air-conditioning, waterproofing, exterior work, bathrooms or kitchens soon after purchase, and those costs can easily outweigh the smaller transaction fees.
For a buyer with ¥30 million available, targeting something around ¥26–28 million is much more comfortable than bidding the entire ¥30 million. With ¥50 million available, keeping the purchase price around ¥45–48 million leaves useful room for closing costs and work after handover.
| Total budget | Practical property target | Money left outside purchase price | Main reason |
|---|---|---|---|
| ¥20m | ~¥17–18m | ~¥2–3m | Fees and repairs |
| ¥30m | ~¥26–28m | ~¥2–4m | Closing costs and contingency |
| ¥40m | ~¥36–38m | ~¥2–4m | Fees, furnishing, minor work |
| ¥50m | ~¥45–48m | ~¥2–5m | Flexibility after purchase |
| ¥70m+ | Property-specific | Larger buffer advisable | Taxes and fit-out vary widely |
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Are Hiroshima home prices rising too fast to wait?
Hiroshima home prices are rising lately, but the market still does not look like one where buyers need to panic.
West Japan REINS recently recorded average completed resale-condo prices in Hiroshima Prefecture about 8.7% higher than a year earlier, while price per square meter was up about 7.6%. Resale-house prices also moved higher.
Transactions were weaker at the same time. Resale-condo deal volume fell by roughly 11% year on year in the latest data, while resale-house transactions also declined. Higher achieved prices alongside softer transaction numbers suggest buyers are becoming more selective rather than indiscriminately chasing property.
Official land-price figures tell a similar story at the neighborhood level. Residential land has been appreciating across Hiroshima's wards, with Naka leading recently at around 4.9%, followed by Minami around 4.0%. The strongest accessible districts keep getting more expensive, while outer and older residential areas give buyers more room to negotiate.
Waiting could make prime Hiroshima locations more expensive. The case that every Hiroshima home is about to run away from buyers is much weaker.
So what can your budget actually buy in Hiroshima?
Hiroshima currently gives buyers a surprisingly wide range of choices: around ¥20 million can buy a legitimate resale home, ¥30 million opens most of the mainstream resale market, ¥40 million reaches many new detached houses, and roughly ¥50 million buys a good new family condominium or an even stronger house.
Below ¥20 million, buyers should expect age, size or location compromises. Around ¥30–40 million is where Hiroshima offers the best combination of space and choice. Buyers who want a new 60–80 m² condominium should think more in the ¥40–60 million range these days. Above ¥70 million, we are mostly paying for premium location, newness, views or unusually large units.
The biggest gap we found is between resale apartments and new ones. A standard existing family condo can still sit in the mid-¥20 millions, while comparable new developments routinely move into the ¥40 millions and beyond. Detached houses tell a different story: because land and houses remain much cheaper outside Naka and Minami, ¥30–40 million can still buy a substantial family home.
For most buyers, ¥30–40 million is the strongest Hiroshima budget today. It is enough to avoid much of the compromised low-end stock, gives access to several wards and property types, and still allows us to choose resale value over the much more expensive new-condo market.
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OUR METHODOLOGY
This analysis asks how expensive property in Hiroshima really is and, more importantly, what different budgets actually buy. We compare completed resale transactions, current asking prices, ward-level differences, new-versus-resale pricing, official land values and live new-development inventories rather than relying on one citywide average.
West Japan REINS is the main anchor for completed resale transactions. Its Hiroshima Prefecture data give us achieved condominium and detached-house prices, transaction volumes, floor areas and building ages. We use those completed sales alongside current listings rather than treating asking prices as if they were transaction prices.
AtHome provides the main current-market comparison. Its Hiroshima City and ward-level price pages are used for resale condos, resale houses, new detached houses, layout-specific prices and the Hiroshima Station benchmark. AtHome states that these benchmarks are calculated from properties listed during the most recent three months, so we treat them as indications of what buyers can shop for rather than proof of what each property will finally sell for.
Official Hiroshima City land-price data are used to understand why central and well-connected neighborhoods command such large premiums. These figures help separate the value of the building from the location effect, particularly when comparing Naka and Minami with more peripheral wards.
For new condominiums, we checked live project information from developers rather than extrapolating only from broad averages. The examples include Verdy The Tower Hiroshima Sta., Presance Loger Ginzancho CENTIA, Verdy Kusunokicho, Predia Inokuchi WEST/EAST, Alpha States Kogo Naka, Grand Verdy Ushita Honmachi and The Florence Hijiyama Honmachi. Their current price and floor-area ranges are used to show what the same ¥30 million, ¥40 million, ¥50 million or higher budget actually buys in the new-build market.
The budget thresholds are practical decision points rather than statistical categories. We chose levels where the realistic mix of location, floor area, age or property type changes noticeably. That lets us compare, for example, a compact new central apartment with a much larger resale home available for roughly the same total price.
Buying costs are kept separate from the advertised property price. Brokerage fees, registration expenses, acquisition tax, loan costs, insurance and renovation needs vary by transaction, so the article's suggested buffers are practical purchasing ranges rather than a universal percentage applied to every Hiroshima property.
Key sources include West Japan REINS market reports, AtHome's Hiroshima City resale-condo data, AtHome's ward-level resale-condo data, AtHome's ward-level resale-house data, AtHome's new-house data by ward, Hiroshima City's official land-price material, Verdy The Tower Hiroshima Sta., Predia Inokuchi WEST/EAST, Alpha States Kogo Naka, The Florence Hijiyama Honmachi, Japan's Ministry of Land, Infrastructure, Transport and Tourism, and Hiroshima Prefecture's real-estate acquisition-tax guidance.
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