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Where Is the Most Expensive Land in Tokyo and How Much?
AREA Press Release No. 0117/2025: February 06, 2025
Dr.Sopon Pornchokchai, Ph.D. Dip.FIABCI, MRICS
President, Agency for Real Estate Affairs (AREA)
Where is the most expensive land in Tokyo? Definitely, it is in Ginza ! According to Mr Takahiro Kainuma’s latest statistics, it is 55 million yen per sq.meter (USD 358,727 per sq.metre or USD 33,327 per sq.f). It was 60 million yen per sq.metre in 1989. There was a big slump in 1991. Prices decreased to 15 million yen.
Dr.Sopon Pornchokchai, President, Agency for Real Estate Affairs reported from Tokyo on February 5, 2025.
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