Report Dashboard Supply Demand Valuation Risk Tokyo Osaka Fukuoka
BOJ: 0.5% ▲
KEY METRICS
NEW CONDO AVG
¥68M
+21.8% YoY — Highest in Japan
RENTAL YIELD
4.98%
Highest in Japan
CONSECUTIVE YEARS
13 Years
Price Increases
5Y APPRECIATION
+40–80%
By Zone
P/R RATIO
26x
Price-to-Rent
POPULATION INFLOW
Young + IT
Net Positive
MARKET OVERVIEW

Fukuoka Growth Story

Fukuoka is Japan's fastest-growing major city, powered by the Tenjin Big Bang redevelopment project that is transforming the city center with 50+ building replacements by 2026. A thriving startup ecosystem, tech company migration from Tokyo, and strong population inflow from younger demographics make Fukuoka the best growth-plus-yield story in Japan's property market.

KEY ZONES

Zone 1: Tenjin / Ohori Park

6,000–8,000 ¥M

Premium core. Tenjin Big Bang redevelopment zone with new towers and luxury condos.

Zone 2: Hakata / Yakuin

4,500–6,000 ¥M

Mid-tier with excellent transport. Hakata Station area and trendy Yakuin attract young professionals.

Zone 3: Suburban Growth

2,500–4,000 ¥M

Emerging areas with highest yields. Population growth driving new development along subway extensions.

CHARTS

13-Year Price Trend

New Condo Average (万円)

Zone Yield Comparison

Gross Rental Yield (%)

KEY INSIGHTS

Tenjin Big Bang

The Tenjin Big Bang project will replace 50+ buildings in the city core by 2026, adding 1.7x floor area. This is the largest urban redevelopment in regional Japan and is creating a new wave of premium supply.

Population Growth

Fukuoka is one of the few Japanese cities with net population inflow. Young workers and IT professionals are migrating from Tokyo, attracted by lower living costs and high quality of life.

Best Yield

At 4.98% gross yield, Fukuoka offers the highest returns among Japan's major cities. Outer zones can reach 6%+ for well-located compact units near transit.

Growth Momentum

13 consecutive years of price increases with +21.8% YoY in 2024 — the highest growth rate among all Japanese cities. The combination of yield and appreciation is unmatched nationally.