HomeLatestJapan’s Official Land Prices Rise for Fifth Straight Year

Japan’s Official Land Prices Rise for Fifth Straight Year

TOKYO, Mar 17 (News On Japan) –
Japan’s nationwide common land costs throughout all makes use of rose for the fifth consecutive yr as of January 1st, 2026, reflecting a gradual financial restoration, in response to knowledge launched by the Ministry of Land, Infrastructure, Transport and Tourism.

The total enhance reached 2.8%, exceeding the earlier yr’s development charge amid continued enchancment in financial circumstances.

Residential land costs confirmed robust good points in central Tokyo, the place demand for condominiums in main city areas remained excessive, whereas some regional cities noticed restrained shopping for on account of rising development prices and land costs, leaving the nationwide common largely flat at 2.1%.

Commercial land costs, in the meantime, posted stronger development, with the nationwide common rising 4.3%, pushed by rising inbound tourism that boosted demand for motels and retail areas, in addition to continued growth of semiconductor-related services that supported demand for workplace house.

The highest land worth within the nation was recorded on the Yamano Music Ginza Main Store in Tokyo’s Chuo Ward, marking the twentieth consecutive yr the placement has topped the rankings.

Source: テレ東BIZ

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