Growth in prices for residential and commercial land around semiconductor plants in Japan slowed as of July 1 compared with a year earlier, data from the land ministry released Tuesday showed, while the pace of growth in industrial land prices accelerated as demand for semiconductors remained robust. Tokyo recorded the sharpest growth among all prefectures in prices for both residential and commercial land, and posted the highest growth in commercial land prices for the first time in 12 years.
Japan land price growth around semiconductor plants slows; Tokyo leads prefectural gains
Growth in prices for residential and commercial land around semiconductor plants in Japan slowed as of July 1 compared with a year earlier, data from the land ministry released Tuesday showed, while the pace of growth in industrial land prices accelerated as demand for semiconductors remained robust. Tokyo recorded the sharpest growth among all prefectures in prices for both residential and commercial land, and posted the highest growth in commercial land prices for the first time in 12 years.
The ministry data indicated that soaring construction costs and an oversupply of housing were apparently among the factors behind the slower growth in residential and commercial land prices near semiconductor plants.
Industrial land prices around the plants continued to rise at a faster pace, which the ministry data attributed to sustained robust demand for semiconductors.
The report was published by Reuters Jiji and dated Sep 16, 2026, with the ministry data described as released on Tuesday.
- The source does not state the percentage change in land prices for any category or location.
- The source does not name the semiconductor plants or the specific areas surveyed.
- The source does not give the prior-year figures against which the growth is compared.
- The source does not name the ministry by its formal title or identify any official who presented the data.
- The source does not state who identified construction costs and housing oversupply as factors, describing them only as apparently behind the slower growth.
- The source does not give the calendar date of the data's release, stating only that it was Tuesday.
Read the original at The Japan Times