noun
official land price; assessed land value
Refers to the publicly announced standard land price used as a benchmark for property transactions and taxation in Japan.
公示地価は毎年1月1日を基準日として発表される。
The official land price is announced every year with January 1st as the reference date.
この地域の公示地価は昨年より上昇
The assessed land value in this area has risen since last year.
路線価 is the assessed value of land facing a specific road, used mainly for inheritance tax calculations, while 公示地価 is a broader official benchmark for general land transactions.
This is the value used for property tax assessment, typically lower than 公示地価, which serves as a market indicator.
Compound of 公示 (public announcement) and 地価 (land price).