日本基准地价连续4年上涨

Core Viewpoint - The average national increase in land prices for all uses is 1.5%, marking the highest level since 1991's 3.1% increase, driven by inflows of foreign investment in the Tokyo area and a gradual recovery of the domestic economy amid inflation [2][4]. Summary by Sections National Land Price Trends - The nationwide average increase in land prices has expanded compared to the previous year, with 49.3% of surveyed locations experiencing price increases, up from 48.3% in 2024 [4]. - The Tokyo area saw an acceleration in price growth from 4.6% in 2024 to 5.3% in 2025, supported by ongoing redevelopment and population influx [4]. Specific Locations and Price Increases - The highest land price location remains the "Meijiya Ginza Building" in Tokyo's Ginza area, priced at 46.9 million yen per square meter (approximately 2.28 million RMB), reflecting an 11.4% increase from the previous year [6]. - In the residential land sector, the highest price increase was observed in Akasaka, where the growth rate surged from 6.1% to 15.6% [6]. - The Osaka area also experienced a rise in land prices, increasing from 2.9% in 2024 to 3.4% in 2025, bolstered by major redevelopment projects and the upcoming Osaka Kansai Expo [6]. Economic Context and Future Outlook - Japan's nominal GDP is projected to grow by 3.7% in the 2024 fiscal year, continuing a trend of positive growth for four consecutive years [9]. - The overall consumer price index, excluding fresh food, has risen by over 3% compared to the same month last year, contributing to the upward trend in land prices [9]. - Experts predict that land prices will continue to rise, particularly in urban centers, which may lead to increased housing prices and rents, making it more difficult for new residents to afford living in these areas [9].