Osaka has 5 distinct Class A submarkets we track, anchored by Umeda (Kita) at the trophy tier.
Osaka has 5 distinct Class A submarkets we track, anchored by Umeda (Kita) at the trophy 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.
| city | Osaka |
|---|---|
| country | Japan |
| region | APAC |
| classARentLocal | 25000 JPY/sqft/yr |
| classARentUsd | $168/sqft/yr |
| vacancy | 4.8% |
| typicalLeaseYears | 4 |
| typicalRentFreeMonths | 2 |
| submarkets | 5 |
| primeYieldPct | 3.6% |
| trophyCount | 1 |
| primeCount | 4 |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.