Land Prices
The articles gathered here contain information on land price trends in Japan and central Tokyo (Official Land Prices, Standard Land Prices, Official Average Roadside Land Prices, etc…) and up to date real estate market information.
Official Average Roadside Land Prices of Tokyo 2023 - Zero decline for the first time in 3 years
On July 3rd, the National Tax Agency released its average roadside land prices for 2023 (calculated as of January 1st). The national average for the average roadside land price has increased by 1.5% and resulted in an increase for the 2nd consecutive year. Due to the return of people and the reco…
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Pre-owned condominium apartments in the Tokyo Metropolitan Area – Trends and fluctuations in transaction prices in 2022
We have summarized here the transaction trends for the year 2022 of pre-owned condominium apartments in the Tokyo metropolitan area (Tokyo, Saitama, Chiba, Kanagawa) which is commutable to central Tokyo and the suburbs. The transaction prices are in an upward trend year by year, mainly due to low…
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Japan's Real Estate Market Trends in 2022
Every month, the "Japan Property Price Index" is published by the Ministry of Land, Infrastructure, Transport, and Tourism. We will explain the trends in 2022 based on the most recent version (which was published on November 30, 2022). "Japan Property Price Index" is calculated based on informati…
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Standard Land Price for Tokyo in 2022 - Turned to 2% Rise in the Commercial Areas, High Increase in the suburbs of Central Tokyo
On September 20th, the Ministry of Land, Infrastructure, Transport and Tourism announced the standard land prices for their selected points nationwide. On the same day, the Tokyo Metropolitan Government also announced the land prices of their selected locations in Tokyo. The standard land price (*…
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Official Land Prices of Japan in 2022
On March 22, 2022, the Ministry of Land, Infrastructure, Transport, and Tourism announced the official land prices as of January 1, 2022. The data for 2022 shows a 0.6% increase nationwide in the fluctuation of the average prices for all types of land zoning, which is an increase for the first time…
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Standard Land Price for Tokyo in 2021 - Decline for the first time in 9 years in the commercial areas
On September 21st, the Ministry of Land, Infrastructure, Transport and Tourism announced the standard land prices for their selected points nationwide. On the same day, the Tokyo Metropolitan Government also announced the land prices of their selected locations in Tokyo. The standard land price (*…
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Official Average Roadside Land Prices of Tokyo 2021 - The prices have fallen for the first time in 8 years
On July 1st, the National Tax Agency released its annual average roadside land prices for 2021 (calculated as of January 1st). The national average for the average roadside land price has fallen by 0.5% and resulted in decline for the first time in 6 years. The prefectural average for this year s…
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Official Land Prices of Japan in 2021
Tokyo’s prices have fallen for the first time in 8 years both in Commercial Areas and Residential Areas On March 23, 2021, the Ministry of Land, Infrastructure, Transport, and Tourism announced the official land prices as of January 1, 2021. The data for 2021 shows a -0.5% nationwide in the fluctua…
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Standard Land Price for Tokyo in 2020 - a sudden deceleration in price rise
On September 29th, the Ministry of Land, Infrastructure, Transport and Tourism announced the standard land prices for their selected points nationwide. On the same day, the Tokyo Metropolitan Government also announced the land prices of their selected locations in Tokyo. The standard land price (*…
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Land value trends in 100 selected districts of Japan’s major cities
Declined in 40% districts due to the influence of the new coronavirus pandemic On April 21st the Ministry of Land, Infrastructure, Transport and Tourism released a report on the land value trends for the second quarter of 2020 (April 1 to July 1) in 100 selected districts of Japan’s major cities.…
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