2010 Land Price Survey of Tokyo
The results of the 2010 Land Price Survey of Tokyo have been explained in an English report by the Tokyo Association of Real Estate Appraisers.
Some of the key points from the report are summarized below:
- Some locations in Tokyo's 23 wards saw flattening land prices
- Some areas saw increases over 6 months
- Land prices are expected to moderately recover
- Growth in the condominium market has increased demand for blocks with development potential
- Residential land is expected to fare better than commercial land
The full report can be read here.