TOKYO, Mar 19 (News On Japan) –
Japan’s Ministry of Land, Infrastructure, Transport and Tourism introduced that as of January 1st, official land costs—a key actual property benchmark—rose 2.7% year-on-year, marking the fourth consecutive annual improve.
By class, residential land costs climbed 2.1%, whereas industrial land costs elevated 3.9%.
Amid robust inbound tourism, resort areas comparable to Furano in Hokkaido continued to see vital worth surges. In distinction, land costs in areas affected by the Noto Peninsula earthquake noticed a pointy decline.
Source: TBS