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Residential Transactions & Cap Rates in Osaka

98 transactions from J-REIT timely disclosuresLast updated: July 18, 2026 (refreshed weekly)

Transactions

98

Median CR (last 12 months)

3.75%

CR range (last 3 years)

3.0–4.6%

Avg. price (all time)

14.2×¥100M

10 Residential transactions in Osaka were disclosed in the last 12 months, with a median cap rate of 3.75%. That is 55bps lower than a year earlier.

Cap rate trend (monthly median)

2.5%3.0%3.5%4.0%4.5%5.0%2024202520262023/12: 4.00%(3)2024/02: 3.90%(1)2024/03: 3.80%(1)2024/04: 3.40%(1)2024/06: 3.90%(1)2024/07: 3.80%(1)2024/09: 4.60%(1)2024/11: 4.50%(3)2024/12: 4.30%(1)2025/03: 4.30%(1)2025/04: 4.15%(2)2025/05: 4.20%(2)2025/06: 4.30%(1)2025/07: 3.90%(1)2025/08: 3.90%(2)2025/12: 4.00%(3)2026/04: 3.00%(2)2026/05: 3.60%(1)2026/06: 3.90%(1)3.90%4.60%3.00%

Calculated from disclosed cap rates (appraisal NOI yield). See the table below for individual sources.

Breakdown by ward

WardTransactionsCap rate
大阪市西区144.00%
大阪市浪速区104.30%
大阪市中央区74.00%
大阪市北区64.10%
大阪市港区53.90%
大阪市都島区44.00%
大阪市東淀川区44.35%
大阪市淀川区34.30%
大阪市生野区24.40%
大阪市東成区23.50%
大阪市大正区25.35%
大阪市阿倍野区14.30%
大阪市此花区13.90%
大阪市城東区14.60%
大阪市天王寺区14.00%
大阪市福島区1
大阪市住吉区14.90%

All transactions (98)

DatePropertyWardPriceCap rateAgeSource
2026/07Comforia Kyomachibori西区9.7×¥100M3.50%11REIT-IR
2026/06Mirage Palace Naniwa Kuruva浪速区10.5×¥100M3.90%3REIT-IR
2026/05Sol Terrace Honjo Nishi Creast北区9.4×¥100M3.60%1REIT-IR
2026/04Bayside Park Osaka North Residencies港区28.6×¥100M3.00%2REIT-IR
2026/04Bayside Park Osaka South Residencies港区35.4×¥100M3.00%2REIT-IR
2025/12S-FORT Miyakojima Uchiide都島区4.9×¥100M4.00%6REIT-IR
2025/12La Douceur Miyakojima Takakuracho都島区11.4×¥100M3.70%6REIT-IR
2025/12Regidia Sakaisujihonmachi中央区7.1×¥100M4.50%10REIT-IR
2025/08Minami Horie Apartment Cielo西区31.0×¥100M4.00%17REIT-IR
2025/08Minami Horie Apartment Grande西区31.0×¥100M3.80%17REIT-IR
2025/07Splendid Takaida32.0×¥100M3.90%2REIT-IR
2025/06Charm Suite Kitabatake阿倍野区28.9×¥100M4.30%2REIT-IR
2025/06MinamihOrie Apartment Cielo31.0×¥100M18REIT-IR
2025/05HF Higashi-Shinsaibashi Residence中央区14.6×¥100M4.00%19REIT-IR
2025/05Urban Park Imazato生野区14.2×¥100M4.40%35REIT-IR
2025/04Urban Park Imazei生野区14.2×¥100M4.40%35REIT-IR
2025/04Campus Village Osaka Kindaimae29.6×¥100M3REIT-IR
2025/04Serenite Nihonbashi Miraku11.6×¥100M3.90%1REIT-IR
2025/03Sawayaka Higashi-Osaka Kan15.9×¥100M4.30%7REIT-IR
2024/12S-FORT Shin-Osaka ravir淀川区7.3×¥100M4.30%18REIT-IR
2024/11BON Condominium Namba Ebis浪速区12.2×¥100M4.50%5REIT-IR
2024/11S-FORT Nishi-Kujo此花区6.6×¥100M3.90%15REIT-IR
2024/11Osutei Shin-Osaka Station Front Hotel Apartment東淀川区12.0×¥100M4.60%5REIT-IR
2024/09S-FORT Shin-Osaka East東淀川区3.5×¥100M13REIT-IR
2024/09S-FORT Namba-nishi浪速区6.2×¥100M6REIT-IR
2024/09Urban Park Namba浪速区17.0×¥100M4.60%11REIT-IR
2024/08Comforia Ogicho北区15.6×¥100M10REIT-IR
2024/07Nishi-ku Osaka Project (Tentative Name)西区35.6×¥100M3.80%0REIT-IR
2024/06Zekuu Benten港区4.8×¥100M3.90%18REIT-IR
2024/04Cross Residence Awaza西区26.5×¥100M3.40%3REIT-IR
2024/03La Vita Namba Motomachi11.3×¥100M3.80%3REIT-IR
2024/02Serenite Honcho Higashilian中央区36.7×¥100M3.90%1REIT-IR
2024/02PD House Higashiosaka6.9×¥100M2REIT-IR
2023/12HF Nakanoshima Residence北区5.8×¥100M4.40%22REIT-IR
2023/12Belfairs Kawarahdori8.6×¥100M4.00%18REIT-IR
2023/12Plagio Namba浪速区42.8×¥100M3.90%0REIT-IR
2023/11HF Awaza Residence西区7.8×¥100M21REIT-IR
2023/07Minami-Horie Apartment Cielo8.1×¥100M16REIT-IR
2023/07Minami-Horie Apartment Grande7.7×¥100M16REIT-IR
2023/07Minami-Horie Apartment Rio2.5×¥100M16REIT-IR
2023/06ImazaKi Mansion N-One10.5×¥100M4.40%24REIT-IR
2023/03Comforia Nishitenma北区14.0×¥100M3.80%3REIT-IR
2023/03Serenite Nambanishi13.0×¥100M4.00%15REIT-IR
2022/12Gran Rouge Joto城東区17.6×¥100M4.60%14REIT-IR
2022/10Proceed Tsurigane中央区8.0×¥100M3.80%7REIT-IR
2022/10Proceed Fukae-bashi東成区13.1×¥100M3.50%14REIT-IR
2022/10Proceed Tsurigane8.0×¥100M8REIT-IR
2022/10Proceed Fukaehashi13.1×¥100M15REIT-IR
2022/10Serenite Namba Priere浪速区27.4×¥100M4.00%1REIT-IR
2022/09Pleiades Namba Higashi中央区6.8×¥100M3.90%9REIT-IR
2022/08S-FORT Sakurano-miya都島区5.1×¥100M2REIT-IR
2022/08S-FORT Bentencho港区6.1×¥100M4.30%14REIT-IR
2022/08S-RESIDENCE Takaida Central13.9×¥100M1REIT-IR
2022/08S-FORT Sakuragawa浪速区7.4×¥100M4.20%15REIT-IR
2022/06Park Hana Honcho WEST34.8×¥100M3.50%5REIT-IR
2022/06Meldia Cube Osaka Higashi9.4×¥100M3.90%7REIT-IR
2022/02S-FORT Taisho Riviere大正区10.0×¥100M4.10%1REIT-IR
2022/02Escasa Tennoji Kokubucho天王寺区8.5×¥100M4.00%0REIT-IR
2022/01Little River Honmachibashi中央区2.7×¥100M4.40%16REIT-IR
2022/01Luna Court Edobori西区4.6×¥100M4.60%19REIT-IR
2021/12HERMITAGE NANBA WEST浪速区3.1×¥100M4.40%16REIT-IR
2021/12Sarbo Sala中央区4.7×¥100M4.50%15REIT-IR
2021/08Canis Court Kami-Shinjo13.6×¥100M20REIT-IR
2021/08Ever Square Doshin6.1×¥100M21REIT-IR
2021/08ZeKuu Benten5.1×¥100M16REIT-IR
2021/08Ever Square Okazaki6.1×¥100MREIT-IR
2021/08Imperial8.4×¥100M15REIT-IR
Show transactions older than 5 years (31)
DatePropertyWardPriceCap rateAgeSource
2021/06Minami Horie Apartment Grande西区7.8×¥100M13REIT-IR
2021/06Minami Horie Apartment Rio西区2.7×¥100M13REIT-IR
2021/06Minami Horie Apartment Cielo西区9.2×¥100M13REIT-IR
2021/03Comforia Shin Osaka東淀川区36.0×¥100M4.10%15REIT-IR
2020/10City Hills Ando-ji17.5×¥100M13REIT-IR
2020/03Proceed Kita-Horie西区24.5×¥100M4.00%13REIT-IR
2020/03Proceed Nishi-Horie西区10.5×¥100M4.00%12REIT-IR
2019/10Rutesu Nakatsu5.7×¥100MREIT-IR
2019/02Ryūta Kujo14.8×¥100M22REIT-IR
2019/01Velt Park Minami-Ooi7.2×¥100MREIT-IR
2018/08S-RESIDENCE Shin-Osaka Ridente淀川区13.4×¥100M1REIT-IR
2018/08S-FORT Fukushima La Luna北区9.0×¥100M3REIT-IR
2018/08S-FORT Fukushima Libre福島区5.4×¥100M3REIT-IR
2018/07Piacere Bunnosato5.7×¥100M20REIT-IR
2018/07Splendid Shin-Osaka III24.3×¥100M4REIT-IR
2018/07Charme 29 Osaka-jo Minami9.1×¥100M15REIT-IR
2018/07Zephyros Minami-Horie16.1×¥100M17REIT-IR
2018/02S-RESIDENCE Midoribashi Station Front東成区18.5×¥100M3REIT-IR
2017/09Splendid Namba35.0×¥100M3REIT-IR
2016/11Proceed Kyobashi都島区20.4×¥100M4.70%8REIT-IR
2016/11Proceed Nishi Nagahori西区9.4×¥100M4.50%8REIT-IR
2016/11Proceed Bentencho港区21.7×¥100M4.80%8REIT-IR
2016/11Proceed Nagai Koendori住吉区10.7×¥100M4.90%9REIT-IR
2016/08S-RESIDENCE Shin-Osaka Station Front東淀川区24.9×¥100M2REIT-IR
2016/04Urban Park Namba浪速区14.9×¥100M5.00%3REIT-IR
2015/07S-RESIDENCE Namba Briller浪速区20.2×¥100M2REIT-IR
2015/04S-FORT Shin-Osaka ravir淀川区6.3×¥100M10REIT-IR
2015/03SOMPO Care Sonpo no Ie S Awaji Ekimae19.3×¥100MTDnet
2014/02Group Home Tanoshii Ie Taisho大正区1.6×¥100M6.60%7REIT-IR
2013/05Proceed Kita Horie西区19.2×¥100M5.50%6REIT-IR
2013/05Proceed Nishi Tenma北区8.8×¥100M5.50%6REIT-IR

FAQ

What is the average cap rate for Residential in Osaka?

The median cap rate across 10 J-REIT disclosed transactions in the last 12 months is 3.75% (as of July 18, 2026, appraisal NOI yield basis).

What is the data source?

Disclosure PDFs from TDnet (Tokyo Stock Exchange timely disclosure) and official J-REIT IR pages. Every record links to its source.

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