• Kyodo


Land prices in Japan rose 0.4 percent on average as of Jan. 1 from a year earlier, marking the second consecutive year of gain, the National Tax Agency said in its annual report released Monday.

The highest land price in the country was ¥40.32 million per sq. meter for land in front of the famous Kyukyodo stationery store in Tokyo’s Ginza shopping district, up 26.0 percent from last year. The spot remains the most expensive in Japan for the 32nd consecutive year.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.