Osaka has continued to perform well, particularly given its growing economy and strong net migration. Rental growth continues in earnest, with central wards seeing the strongest gains, while prices in the for-sale market continue to hit new highs due to firm demand and supply bottlenecks. Major upscale projects have transformed central areas and helped the luxury market to flourish. Meanwhile, inbound tourism demand has grown rapidly, and iconic projects such as Expo 2025 and Japan’s first Integrated Resort should bring a wide positive economic windfall, and strengthen residential markets in Osaka overall.


Savills Research & Consultancy

AloJapan.com