Japan’s Official Land Prices Rise for Fifth Straight Year

TOKYO, Mar 17 (News On Japan) - Japan’s nationwide average land prices across all uses rose for the fifth consecutive year as of January 1st, 2026, reflecting a gradual economic recovery, according to data released by the Ministry of Land, Infrastructure, Transport and Tourism.

The overall increase reached 2.8%, exceeding the previous year’s growth rate amid continued improvement in economic conditions.

Residential land prices showed strong gains in central Tokyo, where demand for condominiums in major urban areas remained high, while some regional cities saw restrained buying due to rising construction costs and land prices, leaving the national average largely flat at 2.1%.

Commercial land prices, meanwhile, posted stronger growth, with the nationwide average rising 4.3%, driven by increasing inbound tourism that boosted demand for hotels and retail spaces, as well as continued expansion of semiconductor-related facilities that supported demand for office space.

The highest land price in the country was recorded at the Yamano Music Ginza Main Store in Tokyo’s Chuo Ward, marking the 20th consecutive year the location has topped the rankings.

Source: テレ東BIZ

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