In the second quarter of 2024, the commercial property price index for industrial land in Japan stood at 120.9 in the three metropolitan areas of Tokyo, Osaka, and Nagoya. In all other areas, the property price index stood at 106.7 points. Apart from industrial land, the commercial property price index comprises retail properties, offices, factories, warehouses, apartment buildings, and commercial land.
Quarterly commercial property price index for industrial land in Japan from 1st quarter 2019 to 2nd quarter 2024, by region
Characteristic
Three major metropolitan areas (Tokyo, Osaka, Nagoya)
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.
The three major metropolitan areas include the metropolitan areas of Tokyo (Saitama, Chiba, Tokyo, and Kanagawa), Nagoya (Gifu, Aichi, and Mie), and Osaka (Kyoto, Osaka, and Hyogo). Other areas include all other prefectures.
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MLIT (Japan). (September 30, 2024). Quarterly commercial property price index for industrial land in Japan from 1st quarter 2019 to 2nd quarter 2024, by region [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1421478/japan-quarterly-commercial-property-price-index-industrial-land-by-region/
MLIT (Japan). "Quarterly commercial property price index for industrial land in Japan from 1st quarter 2019 to 2nd quarter 2024, by region." Chart. September 30, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1421478/japan-quarterly-commercial-property-price-index-industrial-land-by-region/
MLIT (Japan). (2024). Quarterly commercial property price index for industrial land in Japan from 1st quarter 2019 to 2nd quarter 2024, by region. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1421478/japan-quarterly-commercial-property-price-index-industrial-land-by-region/
MLIT (Japan). "Quarterly Commercial Property Price Index for Industrial Land in Japan from 1st Quarter 2019 to 2nd Quarter 2024, by Region." Statista, Statista Inc., 30 Sep 2024, https://www.statista.com/statistics/1421478/japan-quarterly-commercial-property-price-index-industrial-land-by-region/
MLIT (Japan), Quarterly commercial property price index for industrial land in Japan from 1st quarter 2019 to 2nd quarter 2024, by region Statista, https://www.statista.com/statistics/1421478/japan-quarterly-commercial-property-price-index-industrial-land-by-region/ (last visited December 21, 2024)
Quarterly commercial property price index for industrial land in Japan from 1st quarter 2019 to 2nd quarter 2024, by region [Graph], MLIT (Japan), September 30, 2024. [Online]. Available: https://www.statista.com/statistics/1421478/japan-quarterly-commercial-property-price-index-industrial-land-by-region/
