TOKYO –
Japan’s benchmark land costs rose for a fifth consecutive yr on common, with business land posting stronger positive factors as demand for motels and different properties remained agency in main cities, in accordance with figures launched by the Ministry of Land, Infrastructure, Transport and Tourism.
The nationwide common value throughout all land-use classes rose 1.5%, whereas residential land elevated 1.0% and business land climbed 2.9%, with the tempo of progress in business areas accelerating.
The Meidi-Ya Ginza Building in Tokyo’s Ginza district remained the nation’s most costly business website for the twenty first consecutive yr, valued at 52.5 million yen per sq. meter.
In the Tokyo metropolitan space, The House Asakusa in Taito Ward recorded the most important enhance, with its benchmark land value rising 26.9%.
The tempo of land value will increase expanded within the Tokyo and Osaka metropolitan areas.
By distinction, the speed of enhance slowed within the Nagoya metropolitan space, in addition to in Sapporo and Fukuoka.
Source: テレ東BIZ