{"id":173146,"date":"2025-09-18T15:09:37","date_gmt":"2025-09-18T06:09:37","guid":{"rendered":"https:\/\/www.fukuoka-now.com\/?post_type=news&p=173146&lang=en"},"modified":"2025-09-18T15:09:37","modified_gmt":"2025-09-18T06:09:37","slug":"fukuoka-land-prices-rise-for-10th-year","status":"publish","type":"news","link":"https:\/\/www.fukuoka-now.com\/en\/news\/fukuoka-land-prices-rise-for-10th-year\/","title":{"rendered":"Fukuoka Land Prices Rise for 10th Year"},"content":{"rendered":"

Fukuoka Prefecture\u2019s land values rose for the 10th straight year, with an average increase of 3.7%, the fifth highest nationwide, according to the prefectural land price survey as of July 1. Growth, however, slowed from last year\u2019s 5%, marking the first deceleration since 2020.<\/span><\/p>\n

Residential land climbed 2.7%, its ninth consecutive rise, though slower than last year\u2019s 3.8%. In Fukuoka City, residential land jumped 7.2%, second only to Tokyo\u2019s 23 wards at 8.3%, driven by strong demand from both domestic and foreign buyers. New condominium prices averaged \u00a553.44 million between January and July, up nearly 20% from 2019, while luxury units now often exceed \u00a580 million. High costs have led to slower sales and increased vacancies.<\/span><\/p>\n

Commercial land gained 5.1%, its 10th year of growth but weaker than last year\u2019s 6.7%. Industrial land rose 8.6%, ranking third nationwide, supported by demand for logistics facilities, though this too slowed from 11.6% last year.<\/span><\/p>\n

Rental prices are also surging. In July, average rents in Fukuoka City reached \u00a557,931 for small units, \u00a586,468 for mid-size, and \u00a5124,935 for family units\u2014the latter up 17.2% year-on-year, the sharpest rise in Japan. Analysts warn affordability is worsening as land, construction, and financing costs rise, with foreign investment adding further upward pressure.<\/span> Source: <\/b>MLIT<\/span><\/a><\/p>\n

\"Fukuoka<\/p>\n

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Summaries based on public content, errors may occur during translation. Images credited independently. Send feedback using <\/span>this <\/span>form<\/b>.<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Fukuoka Prefecture\u2019s land values rose for the 10th straight year, with an average increase of 3.7%, the fifth highest nationwide, according to…<\/p>\n","protected":false},"author":29305,"featured_media":171588,"comment_status":"closed","ping_status":"closed","template":"","tags":[],"class_list":["post-173146","news","type-news","status-publish","has-post-thumbnail","hentry","location-fukuoka-prefecture","news-category-general","en-US"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news\/173146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/users\/29305"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/comments?post=173146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media\/171588"}],"wp:attachment":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media?parent=173146"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/tags?post=173146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}