Fukuoka, Fukuoka — Residential Cap Rates & Price per Sqm
28 transactions from J-REIT timely disclosures｜Last updated: November 1, 2026 (refreshed weekly)
Transactions
28
Median deal cap rate (all time)
4.40%
Deal cap rate range (last 3 years)
3.90–4.50%
Avg. price (all time)
¥1.34bn
Properties appraised
53
Median appraisal cap rate
4.10%
Appraisal cap rate range
3.7–5.3%
Period ends
2025/08–2026/07
Cap rates at transaction
From acquisition/disposition notices, as of each deal (dates vary by deal)
2 transactions were disclosed in the last 12 months. The all-time median cap rate across 23 deals is 4.40%.
Transaction cap rate trend (each deal + quarterly median)
Last 5 years. Grey dots are individual deals; the red line is the quarterly median. The segment into the quarter in progress (deals so far) is dashed. Use the number of dots to spot quarters with few deals. Calculated from cap rates disclosed in acquisition/disposition notices (appraisal NOI yield at the time of each deal). These differ from periodic appraisals (current valuations), shown separately below. See the table below for individual sources.
Breakdown by ward
| Ward | Transactions | Cap rate |
|---|---|---|
| Hakata, Fukuoka | 12 | 4.35% |
| Chuo, Fukuoka | 5 | 4.30% |
| Higashi, Fukuoka | 4 | 4.55% |
| Minami, Fukuoka | 3 | 4.05% |
| Nishi, Fukuoka | 2 | 4.25% |
| Jonan, Fukuoka | 1 | — |
| Sawara, Fukuoka | 1 | 4.90% |
All transactions (28)
| Ward | Source | |||||
|---|---|---|---|---|---|---|
| 2026.03 | Campus Terrace Kyushudai Gakken Toshi | Nishi | ¥3.20bn | 4.00% | 2024 · 2 yrs | REIT-IR ↗ |
| 2026.02 | Park Axis Takamiya Higashi | Minami | ¥0.79bn | — | 2009 · 17 yrs | REIT-IR ↗ |
| 2025.08 | S-FORT Fukuoka East | Hakata | ¥2.30bn | 4.20% | 2007 · 19 yrs | REIT-IR ↗ |
| 2025.08 | S-FORT Meinohama | Nishi | ¥0.56bn | 4.50% | 2006 · 20 yrs | REIT-IR ↗ |
| 2025.08 | S-FORT Takamiya | Minami | ¥0.99bn | 4.20% | 2008 · 18 yrs | REIT-IR ↗ |
| 2025.08 | S-FORT Fukuoka Kenchomae | Hakata | ¥1.23bn | 4.10% | 2008 · 18 yrs | REIT-IR ↗ |
| 2025.03 | AXION OTEMON PREMIUM | Chuo | ¥1.80bn | — | 2018 · 8 yrs | REIT-IR ↗ |
| 2024.03 | Proseed Nishidori | Minami | ¥1.13bn | 3.90% | 2023 · 3 yrs | REIT-IR ↗ |
| 2023.09 | Prime Urban Chihaya | Higashi | ¥0.56bn | 4.60% | 2008 · 18 yrs | REIT-IR ↗ |
| 2023.07 | Partir Watanabe Dori | Chuo | ¥0.67bn | 3.70% | 2017 · 9 yrs | REIT-IR ↗ |
Periodic appraisals (current valuations)
Each property’s latest period-end appraisal. Aligned in time, so current levels can be compared
Periodic appraisals (period-end valuations)
Fukuoka · Residential: 53 properties · period ends 2025/08–2026/07 · median 4.10% (3.7%–5.3%)
Number of properties per 0.1% cap rate band. The dark bar is the band containing the median.
Click a heading to sort
| Source | ||||
|---|---|---|---|---|
| レジディア博多IIAdvance Residence Investment Corporation | 3.7% | ±0 | 2026/07 | Filing ↗ |
| レジディア天神Advance Residence Investment Corporation | 3.8% | +10 | 2026/07 | Filing ↗ |
| レジディア薬院大通Advance Residence Investment Corporation | 3.8% | +10 | 2026/07 | Filing ↗ |
| S-FORT警固タワーSamty Residential Investment Corporation | 3.9% | ±0 | 2026/07 | Filing ↗ |
| レジディア警固Advance Residence Investment Corporation | 4.0% | ±0 | 2026/07 | Filing ↗ |
| レジディア高宮Advance Residence Investment Corporation | 4.0% | ±0 | 2026/07 | Filing ↗ |
| レジディア天神南Advance Residence Investment Corporation | 4.1% | ±0 | 2026/07 | Filing ↗ |
| S-FORT筑紫通りSamty Residential Investment Corporation | 4.2% | ±0 | 2026/07 | Filing ↗ |
| レジディア西新Advance Residence Investment Corporation | 4.2% | ±0 | 2026/07 | Filing ↗ |
| レジディア博多Advance Residence Investment Corporation | 4.2% | ±0 | 2026/07 | Filing ↗ |
Direct capitalization rates from each property’s latest period-end appraisal, for properties of the same use in the same city/ward (period ends within the last year; from J-REIT annual securities reports and results materials). These differ from acquisition cap rates (chart and deal list above) and compare current valuations regardless of deal timing. Values for the same property can differ by appraiser or ownership share. Reference information only, not a recommendation.
See appraisals in Fukuoka · Residential as a list →
FAQ
What is the average Residential cap rate in Fukuoka, Fukuoka?
The median cap rate across 23 J-REIT disclosed transactions (all time) is 4.40% (as of November 1, 2026, appraisal NOI yield basis).
What is the data source?
Timely-disclosure PDFs published on each J-REIT official IR page. Every record links to its source.