Japan to weigh condo sale tax change to curb speculation

PropertyMeasure aims to respond to concerns about regular homebuyers being priced outAverage prices for new condominiums in central Tokyo reached a record high in the first half of 2026. (Photo by Hazumu Urushiyama)YUKA FURUBAYASHIAugust 26, 2026 05:30 JSTTOKYO -- Japan's land ministry plans to seek tax code changes for fiscal 2027 to discourage speculative condominium transactions that are driving up urban home prices, Nikkei has learned.Read NextPropertyAbsentee owners abound on top floors of Tokyo, Osaka condosPropertyTokyo area condo prices top 100m yen in January-June for 1st timeTrading AsiaTaiwan's wealth flows into Japan real estate as mainland Chinese retreatPropertyCash buys dominate Tokyo and Osaka penthouses as luxury demand surgesPropertyTokyo eyes more affordable housing in S