Land prices continue to climb in latest LOOK Report

Land prices continue to climb in Japan’s major cities with 84% of survey sites recording an increase in land prices in the first quarter of 2015. 16% of the locations saw no change in land prices, and none of the locations saw a decrease in prices. Two retail locations saw prices rise by 3 ~ 6%: Ginza in Tokyo and an area near Nagoya Station.

Monetary easing and a bullish condominium market is behind the rise in prices in Tokyo, with 90.7% of locations seeing positive growth.

Land prices continue to rise – MLIT LOOK Report

According to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) Chika LOOK Report for the fourth quarter of 2014 (October 1 ~  January 1), land prices increased in 83% of the surveyed locations across Japan. For the second quarter in a row, none of the locations saw a decline in land prices.

The Chika LOOK Report is a quarterly survey of land price movements of 150 commercial and residential locations across Japan. In the last quarter, 125 locations saw an increase, up from 124 locations in October 1, 2014. Two of those locations saw land prices rise 3 ~ 6% (the Toranomon area in Tokyo and the Ohori area in Fukuoka), while 25 locations saw no change in land prices.

In the greater Tokyo area, 90.8% of locations saw an increase in land prices, while 79.5% of locations in the greater Osaka area saw an increase.

Land prices up in 83% of locations – MLIT LOOK Report

The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) announced the land price movements across Japan for the third quarter in 2014 (July 1 ~ October 1).

According to the Chika Look Report, 124 locations (83% of the total) saw an increase from the previous quarter, and 26 locations (17% of the total) saw no change. For the first time since this survey began in late 2007, none of the 150 survey sites saw a decrease in prices. Of the 124 locations to see a price rise, 122 locations saw prices rise between 0 ~ 3%, while 2 locations (Ginza and Shinjuku 3 Chome) saw prices rise between 3 ~ 6%.

Strong investor demand caused by monetary easing, as well as demand for apartments in areas with convenient access have helped to sustain the price growth.

In greater Tokyo, 58 locations (89% of the total) saw land prices increase, while the remaining 7 locations (11%) saw no change. In greater Osaka, 30 locations (77%) saw prices increase, wile 9 locations (23%) saw no change. In Nagoya, all 14 locations saw prices increase.

Japan’s standard land prices up in urban areas, but continue to decline in regional areas

According to the MLIT, the standard land price (kijun-chika) across Japan’s three major cities of Tokyo, Osaka and Nagoya increased by 0.8% over the 12 months to July 1, 2014. This is the second year in a row to see an annual increase. In 2013, land prices increased by 0.1%. Residential land prices increased by 0.5% in the three major cities. This was the first time in six years to see an increase.

The nationwide average, however, fell by 1.2%. This is the 23rd year in a row to see a decline in land prices, although the rate of decline has shrunk (land prices dropped by 1.9% in 2013). Regional areas saw a 1.9% decline in land prices in 2014. This is the first time in 16 years that the rate of decline in regional areas has been as low as the 1% range. However, residential and commercial land values in regional areas suffering from declining populations have seen land prices drop further.

Chika-koji land prices in major cities up for first time in 6 years – MLIT

The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) announced the 2014 ‘chika-koji‘ assessed land values on March 18. According to the latest data, both commercial and residential land prices rose in Japan’s three major cities for the first time in six years.

In Greater Tokyo, Nagoya and Osaka, residential land prices were up 0.5% and commercial land prices were up 1.6% over the 12 months to January 1, 2014.

In central Tokyo, residential land prices were up 5.9% in Minato-ku, 8.7% in Chuo-ku and 6.0% in Chiyoda-ku after negligible changes in 2013. In fact, residential and commercial land prices increased in each of Tokyo’s 23 special wards.

Second-hand apartment sales in January – REINS

According to REINS, 2,688 secondhand apartments were sold across greater Tokyo in January, down 7.3% from the previous month but up 6.8% from January 2013. This is the 17th month in a row to see a year-on-year increase in sales.  

The average sale price was 26,730,000 Yen, up 4.4% from December and up 1.2% from last year. The average price per square meter was 415,300 Yen, up 2.6% from December and up 4.5% from last year. The average apartment age was 19.38 years.

Land prices up in 71% of locations – MLIT LOOK Report

The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) published the data on land price movements across Japan for the third quarter in 2013 (July 1 ~ October 1).

The Chika LOOK Report measures land price changes in 150 locations throughout Japan. According to the latest data, 107 locations (71.3% of the total) saw an increase in land prices. This is higher than the last quarter which saw 99 locations with an increase in land prices. 34 locations (22.7%) saw no change in prices, while 9 locations (6%) saw a fall in land prices.

Second-hand apartment prices in central Tokyo up 12.9% from last year

According to REINS, the average price per square meter of a secondhand apartment sold in Tokyo City in October was 537,200 Yen, up 10.4% from last year and up 1.7% from the previous month. The average sale price was 32,420,000 Yen, up 6.3% from last year and up 1.4% from last month.

A total of 3,066 secondhand apartments were sold across greater Tokyo, up 11.7% from last year. 1,447 apartments were sold in Tokyo City, up 13.1% from last year.

Land prices increase for first time in 5 years

The MLIT announced the nationwide standard land prices (kijun-chika) on September 19. These land price surveys are carried out by the prefectural governments each year on July 1.

This year, commercial land prices increased in Tokyo, Osaka and Nagoya for the first time in five years.

Nationwide, the overall land prices were down 1.9%. This is the 22nd year of decline, although the rate has reduced from a 2.7% decline in 2012. The decline is being pulled down by rural or regional area suffering from depopulation, which saw prices drop 2.6% this year. Overall land prices in Japan’s three largest cities, however, were up 0.1% after a 1% drop in 2012.

Second-hand apartment prices in central Tokyo up 15.6%

According to REINS, sales of second-hand apartments in greater Tokyo in August were up 16% from last year. A total of 2,250 apartments were sold during the month. The average price was 25,560,000 Yen (260,000 USD), up 3.5% from August 2012, but down 0.6% from last month. The average price per square meter was 400,100 Yen, up 5.3% from last year and up 1.8% from last month.

The average apartment size was 63.88 sqm (687 sqft) and the average building age was 20.08 years.

In Tokyo’s central three wards (Chiyoda; Chuo and Minato), the average price per square meter was up 15.6% from the same time  last year to 823,800 Yen.

maxformer.com

штукатурка цена

полиуретановый лак