The most expensive street in Tokyo—and consistently in all of Japan—is Chuo-dori in the Ginza district. Specifically, the land in front of the Kyukyodo stationery store at the Ginza 4-chome intersection has held the title of the most expensive plot of land in Japan for over 30 consecutive years. As of 2026, land values here remain astronomical, often exceeding 45 million yen (approx. $300,000) per square meter. Ginza is the glitziest shopping district in the city, home to flagship stores for luxury brands like Chanel, Hermes, and Louis Vuitton. On weekends, the street becomes a "Pedestrian Paradise" (Hokousha Tengoku), where the road is closed to vehicles, allowing thousands of shoppers to walk freely. This area is the gold standard for Japanese real estate, representing the pinnacle of the country's economic prestige and serving as the primary hub for high-end international commerce and luxury retail in East Asia.