In 2024, about 20% of Japan’s total transactions were held in Osaka alone. The surge was fueled by a 52% rise in real estate investment in the Osaka metropolitan area during the firs half of 2023. Osaka’s market was not just busy. It was also diverse such as , hotel sector, office space and rental housing which most foreign investors like.
With its hustling market and diverse investment opportunities, Osaka continues to be a crucial player in Japan’s real estate landscape.
Osaka is located in the western part of Japan. It means the location is closer to other Asian countries. One eye opener thing my investor told me is that, Osaka is 80 minutes closer to my country compare to Tokyo so I chose Osaka. The 80 mins is vital for some investors to save time. I thought once they fly to Japan, anywhere is the same, but it was not the case.
One of the reason Osaka was chosen to be a capital a long time ago is because of the proximity to the continental. Japanese culture and language are well influenced by China. The capital needed to be close to China back in the day.
Osaka is also accelerating its preparations for hosting EXPO 2025. Integrated Resort (IR) is planned to open in 2030. The development project is about to begin in earnest, with a total floor area of approximately 770,000 sqm, consisting of international conference halls, casinos, hotels, entertainment facilities, dining facilities and retail facilities. According to the official plan, the construction phase is expected to create 116,000 jobs. 15,000 people can be employed at the IR facility, 19.87 million visitors are expected to the IR area.
With the EXPO and IR as tailwinds, Osaka will continue to attract more and more visitors from Japan and abroad. This is expected to contribute to the sustainable and stable economic growth of both Osaka city and the Greater Osaka area, leading to the revitalisation of the real estate market.
Koji Kitada
Licensed real estate agent
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