The Ministry of Land, Infrastructure, and Transport released its land price values for major metropolitan areas on the 22nd. This showed that the value of four properties near the JR Hakata Station were among the top 10 nationwide for the highest percentage of increase from the previous year. The rise is attributed to the opening of the Kyushu Shinkansen and the new JR Hakata Station building. Real estate industry observers have mixed emotions: one the one hand, because it means more profit from real estate sales, but on the other, they are concerned about the emergence of a bubble in property prices. Attention is focused on the Hakata Post office near the station, which is considered a prime candidate for large-scale development.
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- Real Estate Bubble Growing in Hakata Station Area?