The standard land prices in Japan have been continuously increasing for 4 years.
The benchmark land prices for 2025 announced by the Ministry of Land, Infrastructure, Transport and Tourism in Japan on the 16th show that the national average increase for all types of land use, including residential and commercial land, is 1.5%, marking a continuous increase for the fourth consecutive year. The influx of overseas investment funds in the Tokyo metropolitan area has played a driving role in this trend. Against the backdrop of the slow recovery of the domestic economy accompanying inflation, land prices are also maintaining an upward trend. For the 20th consecutive year, the highest priced location in Japan is the "Meijiya Ginza Building" in the 2nd district of Ginza, Tokyo. The price per square meter is 469 million yen, an 11.4% increase from the previous year. The price increase for the highest-priced residential land in Akasaka 1-chome has expanded from 6.1% to 15.6%.
Latest