Is Bottom Land an Investment Target? [Survey Results Announcement]

This time, we are announcing the results of our independent survey on the theme: 'Is bottom land an investment target?'

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When using the survey results and images from this release, please include a link to the URL of the Fudousan Kaitori Center (https://dream-plan.com/fudosan/sokochi-investment-survey/) where the survey results are published. No permission from our company is required for publication.

Survey on Bottom Land Investment / Background and Purpose

Have you ever heard the term 'bottom land' (sokochi) while considering real estate investment?

Many of you may have a negative impression, such as 'The rights are complicated and seem troublesome,' or 'I'm afraid of disputes with the land tenant and can't get involved.'

Therefore, the Fudousan Kaitori Center conducted a survey among individuals interested in real estate (valid responses: 289 people) on the theme: 'Is bottom land an investment target?' to gather their opinions.

[Survey Outline]
〇 Survey Target: 'Individuals interested in real estate'
〇 Valid Responses: 289 people
〇 Gender Breakdown: Female 110 people (approx. 38%) / Male 179 people (approx. 62%)
〇 Age Breakdown: 20s 52 people (18.0%) / 30s 97 people (33.6%) / 40s 81 people (28.0%) / 50s 45 people (15.6%) / 60s 14 people (4.8%) / 70s and above 0 people (0%)
〇 Survey Organizer: Dream Planning Co., Ltd.
〇 Survey Method: Online questionnaire survey
〇 Survey Period: 2025.7.28 - 2026.2.1

Male respondents accounted for approximately 60%. It can be inferred that men currently tend to have a higher interest in topics such as real estate and asset management.

Is Bottom Land an Investment Target?

First, we asked the question, 'Is bottom land an investment target?'

The survey results show that respondents' attitudes toward bottom land investment are mainly centered on 'negative barriers' and 'judgment withheld due to lack of information.'

Not an investment target (45.7% / 132 cases) - Negative barriers
These respondents have clear reasons for avoiding bottom land investment. Most of their concerns focus on the complexity of operation and management, viewing 'effort and mental burden (such as trouble risks)' as the biggest barrier, rather than low yields.

Cannot say either way (31.5% / 91 cases) - Judgment withheld due to lack of information
These respondents do not completely deny bottom land investment and lack sufficient information to make a judgment. They are a potential target group that could shift to the positive side by learning specific information about merits and demerits, and successful cases.

Is an investment target (22.8% / 66 cases) - Long-term perspective and niche appeal
These are an enthusiastic minority who, despite understanding the difficulties of bottom land, anticipate returns. They value niche benefits like 'asset ownership at a low price' and 'long-term asset formation' rather than 'high yields,' believing they can overcome hurdles with knowledge and effort.

Is bottom land an investment target? Please tell us why.

Is bottom land an investment target? Please tell us why.

No. 1 (tied): I want to consider the pros and cons (cannot say either way)
Number of responses: 53 out of 289 (18.3%)

No. 1 (tied): Seems likely to cause trouble with the land tenant (not an investment target)
Number of responses: 53 out of 289 (18.3%)

No. 3: Rights seem complicated (not an investment target)
Number of responses: 36 out of 289 (12.5%)

No. 4: Seems difficult (not an investment target)
Number of responses: 31 out of 289 (10.7%)

No. 5 (tied): Depends on the property (cannot say either way)
Number of responses: 22 out of 289 (7.6%)

No. 5 (tied): It's difficult, but it's a learning experience (is an investment target)
Number of responses: 22 out of 289 (7.6%)

No. 7: Even if the yield isn't good, profits will come in the long run (is an investment target)
Number of responses: 17 out of 289 (5.9%)

No. 8 (tied): If I can buy the ground lease, I might make a profit if I do it well (is an investment target)
Number of responses: 16 out of 289 (5.5%)

No. 8 (tied): I don't like trouble, but it might be an interesting investment product (cannot say either way)
Number of responses: 16 out of 289 (5.5%)

No. 10: The yield seems poor (not an investment target)
Number of responses: 12 out of 289 (4.2%)

No. 11: Land seems cheap to buy (is an investment target)
Number of responses: 11 out of 289 (3.8%)

Next, we asked those who answered 'not an investment target,' 'cannot say either way,' or 'is an investment target' for their reasons.