Japan: quarterly industrial land price index 2023

In the third quarter of 2023, the commercial property price index for industrial land in Japan stood at 113.7, down by 0.7 percent compared to the previous quarter.
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 4th quarter 2023

Characteristic	Commercial property price index (2010=100)
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Release date

March 2024

More information

Region

Japan

Survey time period

Q1 2019 to Q4 2023

Special properties

2010 as base year with an index of 100; seasonally adjusted figures

Supplementary notes

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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