In the second quarter of 2024, the commercial property price index for offices in Japan stood at 170, down from 170.6 points in the previous quarter. Apart from offices, the commercial property price index comprises retail properties, warehouses, factories, apartment buildings, and commercial and industrial land.
Quarterly commercial property price index for office properties in Japan from 1st quarter 2019 to 2nd quarter 2024
2010 as base year with an index of 100; seasonally adjusted figures
Supplementary notes
*Preliminary figures.
Commercial property refers to commercial land with buildings categorized as retail, office, warehouse, factory, apartments (entire buildings), commercial land, and industrial land.
The index is calculated on the basis of data collected through the System to Provide Real Estate Transaction Price Data (Land General Information System) operated by the Ministry of Land, Infrastructure, Transport and Tourism. It is based on transactions between private entities.
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MLIT (Japan). (September 30, 2024). Quarterly commercial property price index for office properties in Japan from 1st quarter 2019 to 2nd quarter 2024 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1276946/japan-quarterly-commercial-property-price-index-offices/
MLIT (Japan). "Quarterly commercial property price index for office properties in Japan from 1st quarter 2019 to 2nd quarter 2024." Chart. September 30, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1276946/japan-quarterly-commercial-property-price-index-offices/
MLIT (Japan). (2024). Quarterly commercial property price index for office properties in Japan from 1st quarter 2019 to 2nd quarter 2024. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1276946/japan-quarterly-commercial-property-price-index-offices/
MLIT (Japan). "Quarterly Commercial Property Price Index for Office Properties in Japan from 1st Quarter 2019 to 2nd Quarter 2024." Statista, Statista Inc., 30 Sep 2024, https://www.statista.com/statistics/1276946/japan-quarterly-commercial-property-price-index-offices/
MLIT (Japan), Quarterly commercial property price index for office properties in Japan from 1st quarter 2019 to 2nd quarter 2024 Statista, https://www.statista.com/statistics/1276946/japan-quarterly-commercial-property-price-index-offices/ (last visited December 19, 2024)
Quarterly commercial property price index for office properties in Japan from 1st quarter 2019 to 2nd quarter 2024 [Graph], MLIT (Japan), September 30, 2024. [Online]. Available: https://www.statista.com/statistics/1276946/japan-quarterly-commercial-property-price-index-offices/