In the fourth quarter of 2024, the preliminary commercial property price index for industrial land in Japan stood at 116.1, down by 6.4 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 2024
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.
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MLIT (Japan). (March 31, 2025). Quarterly commercial property price index for industrial land in Japan from 1st quarter 2019 to 4th quarter 2024 [Graph]. In Statista. Retrieved June 08, 2025, from https://www.statista.com/statistics/1338688/japan-quarterly-commercial-property-price-index-industrial-land/
MLIT (Japan). "Quarterly commercial property price index for industrial land in Japan from 1st quarter 2019 to 4th quarter 2024." Chart. March 31, 2025. Statista. Accessed June 08, 2025. https://www.statista.com/statistics/1338688/japan-quarterly-commercial-property-price-index-industrial-land/
MLIT (Japan). (2025). Quarterly commercial property price index for industrial land in Japan from 1st quarter 2019 to 4th quarter 2024. Statista. Statista Inc.. Accessed: June 08, 2025. https://www.statista.com/statistics/1338688/japan-quarterly-commercial-property-price-index-industrial-land/
MLIT (Japan). "Quarterly Commercial Property Price Index for Industrial Land in Japan from 1st Quarter 2019 to 4th Quarter 2024." Statista, Statista Inc., 31 Mar 2025, https://www.statista.com/statistics/1338688/japan-quarterly-commercial-property-price-index-industrial-land/
MLIT (Japan), Quarterly commercial property price index for industrial land in Japan from 1st quarter 2019 to 4th quarter 2024 Statista, https://www.statista.com/statistics/1338688/japan-quarterly-commercial-property-price-index-industrial-land/ (last visited June 08, 2025)
Quarterly commercial property price index for industrial land in Japan from 1st quarter 2019 to 4th quarter 2024 [Graph], MLIT (Japan), March 31, 2025. [Online]. Available: https://www.statista.com/statistics/1338688/japan-quarterly-commercial-property-price-index-industrial-land/