#Osaka #Real Estate #Mansion Research

Introduction

As of December 2025, the condominium market in Osaka is experiencing significant changes, driven by large-scale redevelopment projects and the ongoing effects of the Osaka-Kansai Expo. A recent report from Mansion Research Co., Ltd. analyzes trends and expectations in the region's real estate landscape, utilizing extensive data from 143,000 condominiums and REINS (Real Estate Information Network for East Japan).

Key Findings

1. Dramatic Price Increase: Over the past nine years, the prices of second-hand condominiums in Osaka have increased by approximately 1.5 times, maintaining a consistent upward trend for nine consecutive years.
2. Accelerated Growth in Urban Areas: The price rise is particularly pronounced in the six central wards of Osaka, with Kita Ward (North Ward) seeing over a 50% increase compared to three years ago.
3. Influence of Redevelopment: Renewed expectations surrounding projects like “Umekita Phase 2” and the Naniwa-suji Line are inflating property values, fueled by both the Expo's legacy and ongoing developments in integrated resort (IR) projects.

Background of the Study

The Osaka condominium market has witnessed long-term price growth, alongside a widening disparity in property values across different areas. Major redevelopment initiatives, especially following the Osaka Expo, like the Umekita project, are transforming the market's dynamics. By analyzing data from REINS and Mansion Navi, this report provides insights into the changing market conditions in Osaka.

Research Summary

• - Study Period: Analyses data from 2016 to 2024, with Mansion Navi's historical data extending back to 2016.
• - Data Source: Mansion Navi and REINS (Data Library for REINS Market Data).
• - Research Area: Comprehensive analysis covering all regions of Osaka, including both urban and suburban districts.

Current Trends in the Osaka Condominium Market

The condominium market continues to demonstrate healthy price increases, particularly in urban areas. Data shows that the average transaction price per square meter has increased by about 1.58 times, confirming a trend of transactions occurring at higher price points, especially in central regions.

Starting from 2022, the average selling price per square meter has consistently exceeded general market prices. This suggests an escalation in the