Jul 1, 2015

Land prices rise in 10 prefectures, but overall trend is down

Land prices in Japan rose in 10 prefectures over the year to Jan. 1, the National Tax Agency said in an annual report released Wednesday. In the previous year of measurement, prices rose in eight prefectures. But nationwide prices declined an average 0.4 percent ...

'Abenomics' property boost shrinks back to Tokyo

Jan 5, 2015

'Abenomics' property boost shrinks back to Tokyo

by Junko Fujita

An economic rebound and loose money policy under Prime Minister Shinzo Abe briefly halted a long slide in Japan’s commercial property market, but the benefits of “Abenomics” appear increasingly limited to Tokyo, leaving a moribund hinterland. For a while, as the Bank of Japan ...

Mori eyes ¥1 trillion in projects ahead of Games

Jun 4, 2014

Mori eyes ¥1 trillion in projects ahead of Games

Mori Building Co., Japan’s largest closely held developer, is planning projects in central Tokyo worth an estimated ¥1 trillion with its partners, as the city prepares for the Olympic Games in 2020. Mori is opening Tokyo’s second-tallest building next week, and plans to develop ...

Mar 21, 2014

Rising land prices in big cities

For 2013, the megalopolises of Tokyo, Nagoya and Osaka showed rises in both residential and commercial land prices for the first time in six years.

Land prices rise in big metro areas

Mar 18, 2014

Land prices rise in big metro areas

Residential land prices in Tokyo, Osaka and Nagoya rose by an average of 0.5 percent last year, while commercial land prices increased by an average of 1.6 percent, both rising for the first time in six years.

Abe eyes land-price reflation in zones to spur building boom

Jan 21, 2014

Abe eyes land-price reflation in zones to spur building boom

by Chikako Mogi

Japan wants to trigger a jump in inner-city property prices by loosening building restrictions in test zones under “Abenomics,” a government adviser said. “Central-city property prices will likely rise when various plans are announced,” Tatsuo Hatta, 70, a member of a government council on ...

Sep 23, 2013

Monetary easing lifts land prices

It appears that the monetary easing pushed by the Abe administration through Bank of Japan's purchasing operations is gradually raising land prices in some urban areas.

Commercial land prices in three metro regions rise

Sep 19, 2013

Commercial land prices in three metro regions rise

The Tokyo, Osaka and Nagoya metropolitan areas saw commercial land prices rise for the first time in five years in the year to July 1, a government land price survey says. Commercial land rose 0.6 percent on average for the three major metropolitan areas. ...

Aug 27, 2013

Land values up at more sites as Abe pushes for growth

Land values rose at two-thirds of 150 sites monitored by the government, the biggest increase since 2008, amid increasing housing demand and investment interest in commercial properties. Values rose at 99 locations nationwide in the three months that ended July 1, a survey by ...

Jul 2, 2013

Land prices off 1.8%; fall least since '07

Land prices fell by an average of 1.8 percent from the previous year, the National Tax Agency said Monday in its annual survey. The decline in land prices logged its fifth consecutive year after falling 2.8 percent in last year’s survey, the agency said. ...