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Kagoshima, Kagoshima — Residential Cap Rates & Price per Sqm

9 transactions from J-REIT timely disclosures|Last updated: November 1, 2026 (refreshed weekly)

Cap rates at transaction

Transactions

9

Median deal cap rate (all time)

4.90%

Deal cap rate range (last 3 years)

4.60–5.10%

Avg. price (all time)

¥0.69bn

Periodic appraisals (current valuations)

Properties appraised

2

Median appraisal cap rate

—

Appraisal cap rate range

—

Period ends

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Cap rates at transaction

From acquisition/disposition notices, as of each deal (dates vary by deal)

1 transactions were disclosed in the last 12 months. The all-time median cap rate across 9 deals is 4.90%.

Transaction cap rate trend (each deal + quarterly median)

4.4%4.6%4.8%5.0%5.2%20222023202420252026Q3 2022: 5.00%(1)Q3 2024: 4.60%(3)Q3 2025: 4.75%(2)Q3 2026: 4.80%(1)4.80%
Deals in this area (each)Quarterly medianMedian (quarter in progress)

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.

All transactions (9)

Source
2026.09S-RESIDENCE Komatsubara afford¥0.96bn4.80%REIT-IR ↗
2025.08S-FORT Kagoshima Ekimae Bayside¥0.73bn4.60%REIT-IR ↗
2025.08S-FORT Kagoshima Chuo¥0.84bn4.90%REIT-IR ↗
2024.09S-FORT Kagoshima Kamoike¥0.38bn4.60%REIT-IR ↗
2024.09S-FORT Kagoshima Blossom¥0.50bn4.60%REIT-IR ↗
2024.09Komatsubarayamamoto Mansion¥0.66bn5.10%REIT-IR ↗
2022.08S-FORT Kagoshima Ekimae Bayside¥0.67bn5.00%REIT-IR ↗
2021.08S-FORT Kagoshima Chuo¥0.79bn5.10%REIT-IR ↗
2021.02Komatsubarayamamoto Mansion¥0.67bn5.40%REIT-IR ↗

Periodic appraisals (current valuations)

Each property’s latest period-end appraisal. Aligned in time, so current levels can be compared

Kagoshima · Residential: 2 properties have a periodic appraisal with a period end in the last year (fewer than 5, so no median is shown).

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Source
S-FORT 鹿児島BlossomSamty Residential Investment Corporation4.6%±02026/07Filing ↗
S-FORT鹿児島鴨池Samty Residential Investment Corporation4.6%±02026/07Filing ↗

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 Kagoshima · Residential as a list →

FAQ

What is the average Residential cap rate in Kagoshima, Kagoshima?

The median cap rate across 9 J-REIT disclosed transactions (all time) is 4.90% (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.

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