Price growth slows for residential and commercial land near chip plants

Tokyo has posted the sharpest growth among all prefectures in prices for both residential and commercial land, with the capital recording the highest growth in commercial land prices for the first time in 12 years. | REUTERS

JIJI

Sep 16, 2026

Growth in the prices of residential and commercial land around semiconductor plants in Japan as of July 1 decelerated from a year before, data from the land ministry shows.

Factors apparently behind the slower growth include soaring construction costs and an oversupply of housing.

Still, the pace of growth in industrial land prices is accelerating as demand for semiconductors remains robust, according to the ministry data, released Tuesday.

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