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Average land price in Japan rises for 1st time in 14 years

Average land price in Japan rises for 1st time in 14 years

TOKYO, Japan - The average price of land along selected major streets across Japan rose for the first time in 14 years. As of Jan. 1, 2006, a piece of land in front of stationery store Kyukyodo (in photo taken Aug. 1) in Tokyo's Ginza district continued to be the most expensive real estate in Japan for the 21st straight year, rising 3.6 million yen per sq. meter to 18.72 million yen.

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Price of land falls for 8th straight year

Price of land falls for 8th straight year

TOKYO, Japan - Photo shows Japan's most expensive piece of land in front of stationery store Kyukyodo in Tokyo's Ginza district. The property was worth 11.68 million yen per sq meter, the same as in 1999 and worth about a third of the 36.5 million yen in the peak year of 1992. A postcard-sized plot in front of the store was priced at 173,000 yen. The average price of land in Japan fell for the eighth straight year in the 12 months to Jan. 1.

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Japanese land prices fall for 7th straight year

Japanese land prices fall for 7th straight year

TOKYO, Japan - The front of the Kyukyodo stationary store in Tokyo's Ginza district is listed as Japan's most expensive piece of land for the 14th straight year in an annual report released Aug. 4 by the National Tax Administration. The property was worth 11.68 million yen per sq. meter, down 1.0% from 1998. But a postcard-sized plot in front of the store was still priced at 173,000 yen.

  •  
Average land price in Japan rises for 1st time in 14 years

Average land price in Japan rises for 1st time in 14 years

TOKYO, Japan - The average price of land along selected major streets across Japan rose for the first time in 14 years. As of Jan. 1, 2006, a piece of land in front of stationery store Kyukyodo (in photo taken Aug. 1) in Tokyo's Ginza district continued to be the most expensive real estate in Japan for the 21st straight year, rising 3.6 million yen per sq. meter to 18.72 million yen. (Kyodo)

  •  
Price of land falls for 8th straight year

Price of land falls for 8th straight year

TOKYO, Japan - Photo shows Japan's most expensive piece of land in front of stationery store Kyukyodo in Tokyo's Ginza district. The property was worth 11.68 million yen per sq meter, the same as in 1999 and worth about a third of the 36.5 million yen in the peak year of 1992. A postcard-sized plot in front of the store was priced at 173,000 yen. The average price of land in Japan fell for the eighth straight year in the 12 months to Jan. 1.

  •  
Japanese land prices fall for 7th straight year

Japanese land prices fall for 7th straight year

TOKYO, Japan - The front of the Kyukyodo stationary store in Tokyo's Ginza district is listed as Japan's most expensive piece of land for the 14th straight year in an annual report released Aug. 4 by the National Tax Administration. The property was worth 11.68 million yen per sq. meter, down 1.0% from 1998. But a postcard-sized plot in front of the store was still priced at 173,000 yen.

  •  
Japanese land prices fall for 7th straight year

Japanese land prices fall for 7th straight year

TOKYO, Japan - The front of the Kyukyodo stationary store in Tokyo's Ginza district is listed as Japan's most expensive piece of land for the 14th straight year in an annual report released Aug. 4 by the National Tax Administration. The property was worth 11.68 million yen per sq. meter, down 1.0% from 1998. But a postcard-sized plot in front of the store was still priced at 173,000 yen.

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