Osaka has 5 distinct Class A submarkets we track, anchored by Umeda (Kita) at the trophy tier.

  • 5 submarkets covered.
  • Trophy tier: Umeda (Kita).
  • Prime tier: Honmachi & Yodoyabashi, Nakanoshima, Shin-Osaka, Nanba & Shinsaibashi.
  • Established/emerging tier: —.

Osaka Class A submarkets

Osaka has 5 distinct Class A submarkets we track, anchored by Umeda (Kita) at the trophy tier.

TL;DR

  • 5 submarkets covered.
  • Trophy tier: Umeda (Kita).
  • Prime tier: Honmachi & Yodoyabashi, Nakanoshima, Shin-Osaka, Nanba & Shinsaibashi.
  • Established/emerging tier: —.

By tier

**Umeda (Kita)** (trophy, ~¥27,000/tsubo">tsubo/mo · ≈ $61 PSF/yr USD) — Osaka's principal trophy core. **Honmachi & Yodoyabashi** (prime, ~¥24,000/tsubo/mo · ≈ $54.2 PSF/yr USD) — Established financial CBD. **Nakanoshima** (prime, ~¥22,000/tsubo/mo · ≈ $49.7 PSF/yr USD) — Government and cultural island core. **Shin-Osaka** (prime, ~¥18,000/tsubo/mo · ≈ $40.7 PSF/yr USD) — Shinkansen-anchored business district. **Nanba & Shinsaibashi** (prime, ~¥19,000/tsubo/mo · ≈ $42.9 PSF/yr USD) — Retail HQ and minami core.

Key facts

cityOsaka
countryJapan
regionAPAC
classARentLocal25000 JPY/sqft/yr
classARentUsd$168/sqft/yr
vacancy4.8%
typicalLeaseYears4
typicalRentFreeMonths2
submarkets5
primeYieldPct3.6%
trophyCount1
primeCount4

Frequently asked questions

How many Class A submarkets are in Osaka?
5, ranging from trophy (Umeda (Kita)) down to established and emerging clusters.

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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