Fukuoka City, the largest city in Kyushu, boasts outstanding accessibility—just 90 minutes by air from Tokyo or Osaka, and 3 to 5 hours via direct flights from major Asian cities. Within a compact urban layout, the international airport, Shinkansen station, and seaport are all located within a 5-kilometer radius, allowing business infrastructure to coexist seamlessly with rich natural surroundings and vibrant food culture. Fukuoka also has one of the highest proportions of young people among major Japanese cities and is rapidly growing as a dynamic international hub, fueled by active startup support and ongoing redevelopment(*1).
Fukuoka Airport is exceptionally close to the city center—just about 10 minutes by subway—making it one of the most accessible airports in the world. Direct flights from major Southeast Asian cities such as Singapore, Kuala Lumpur, and Bangkok are on the rise. In March 2025, the airport is scheduled to open an expanded international terminal and a second runway, increasing its annual flight capacity by approximately 1.7 times. This is expected to further boost the number of inbound visitors (*2).
Hotel occupancy rates in the city have recovered to nearly 80% of pre-COVID levels, while Airbnb-style short-term rentals are operating at occupancy rates in the 80% range—comparable to those in the Tokyo metropolitan area. This highlights a growing shortage of inventory for short-term stays.
In 2024, the average price of newly built condominiums in Fukuoka City reached approximately 56 million yen, marking a 40% year-on-year increase. Despite this sharp rise, Fukuoka remains significantly more affordable compared to the average in Tokyo’s 23 wards (*3).
Official land prices posted a nationwide-leading increase of 5.7% across all property categories, with certain redevelopment districts recording double-digit growth (*4) (2025). Looking ahead, land prices are expected to rise moderately at around 1–3% annually, making Fukuoka a market where investors can achieve a balanced return from both capital appreciation and rental income.
Urban regeneration projects such as Tenjin Big Bang and Hakata Connected are driving private investment through incentives like relaxed floor-area ratio rules and tax benefits. As of 2024, more than 50 buildings have been certified under these initiatives (*5, *6).
International hotel brands—including Four Seasons, Mesm, and Accor—have entered the market one after another, while major Japanese and overseas REITs are acquiring office buildings and hotels. Coupled with the ongoing airport expansion, foreign capital is flowing into developments designed to attract international events and MICE (Meetings, Incentives, Conferences, and Exhibitions), further enhancing Fukuoka’s global appeal.
As of 2024 (based on data from the Real Estate Economic Institute), the average price of newly built condominiums in Fukuoka City stands at approximately 56 million yen. For properties located near major stations in Chuo and Hakata wards, prices typically range from 3.5 to 4.5 million yen per tsubo (approximately 115.5 to 148.5 yen per square foot).
Prices for resale condominiums show a clear split: older units (over 15 years) in central areas are priced around 35 to 45 million yen, while suburban locations like Higashi and Nishi wards range from 20 to 30 million yen. Detached houses start from 60 million yen in the city center and range from 35 to 50 million yen in suburban areas(*6).
The average rent across Fukuoka City is around 60,000 yen per month, and the vacancy rate is just 4.9%—one of the lowest among Japan’s designated major cities.
For international buyers, the best starting point is to compare listings on English-friendly property portals. Key details to confirm include location, zoning regulations, and whether short-term rentals (minpaku) are permitted. In Japan, foreign nationals can acquire both condominium units and land ownership without restrictions. Holding property through a special purpose company (SPC) is also a common structure for investors.
Financing options include Singapore-based banks such as UOB and OCBC, which have provided loans of up to 70% loan-to-value (LTV), in both yen and SGD. In the current weak yen environment, this presents an opportunity for cost-effective borrowing.
With unmatched connectivity—just minutes from both Fukuoka Airport and the Shinkansen—this area sees high demand for short-term stays from both business travelers and international tourists. The “Hakata Connected” redevelopment project has led to an influx of high-grade office buildings and hotels, thanks to incentives like increased floor-area ratios.
In the area surrounding Hakata Station in Hakata Ward, Fukuoka City, the average price for a pre-owned condominium with a floor area of 70 square meters is approximately 29.38 million yen (*7) . Prices have risen by about 150% over the past 10 years, indicating that this is an area where asset values are increasing(*8) . While prices fluctuate depending on the age of the property and its distance from the station, the market shows a solid upward trend overall.
Tenjin serves as Fukuoka’s administrative, commercial, and financial hub. The ongoing “Tenjin Big Bang” redevelopment is set to deliver multiple high-rise buildings by 2026. Prices have risen as redevelopment premiums are factored in, but limited supply keeps transaction volumes low—creating favorable conditions for capital gain–oriented investors.
Between 2020 and 2025, the rent for a 1R (one-room) apartment is projected to rise by approximately 14.3%, currently averaging around 76,000 yen. With an increasing supply of properties in the mid-to-high rental price range and favorable investment yields, the area's appeal as an investment destination is growing(*9).
The Momochi and Nishijin areas in Sawara Ward, Fukuoka City, are popular as highly convenient residential districts. The Momochi area, located near the waterfront new city center, offers a tranquil environment with numerous large-scale condominiums and some single-family homes. Nishijin, on the other hand, is a bustling urban area with direct access to Nishijin Subway Station, complete with an abundance of commercial facilities and restaurants, making it a favorite among younger people and families.
A wide variety of property types is available, from high-rise tower condominiums to family-style 3LDK apartments and units for singles such as 1R and 1K. The price range is broad, starting from 12 million yen to over 60 million yen. With stable investment yields of 4.0% to 6.5% and strong, consistent rental demand, the area is drawing attention as an attractive investment destination(*10) . For lifestyle, residents have easy access to universities, shopping centers, parks, as well as cultural and sports facilities, enabling a comfortable and well-rounded life.
The Ohori Park area in Fukuoka’s Chuo Ward, adjacent to the city’s most iconic urban park, is renowned as a premium residential district with cultural facilities and abundant greenery. Nearby, the Ropponmatsu area has gained attention following the redevelopment of the former Kyushu University campus into a commercial and educational hub.
According to the latest official land value data (August, 2025), the average price around Ohori Park Station is approximately 3.71 million yen per tsubo (+11.14% year-on-year) (*11). In contrast, the Ropponmatsu residential area averages about 1.82 million yen per tsubo (+4.5% year-on-year), showing steady growth (*12).
From an investment perspective, rental yields near Ohori Park Station average around 4.32% (*13) . Meanwhile, Ropponmatsu’s rental market averages 82,100 yen per month, with 1LDK units at about 91,700 yen and 2LDK units at 170,600 yen (*14)(August, 2025).
With the rarity of park-view properties and the convenience of newly redeveloped districts, both areas are considered attractive for long-term asset preservation and stable occupancy.
Fukuoka is often described as a “compact city,” where the sea, mountains, and urban conveniences are all within a 5 km radius—ideal for weekend getaways or dual-location lifestyles. Areas like Momochi and Ohori offer beautiful waterfront views, while Ropponmatsu and Island City provide convenient access to supermarkets, hospitals, and international schools—making them especially attractive for long-term stays by affluent families.
Compared to Tokyo, housing costs are approximately 60–70% lower, while offering above-average lifestyle amenities and a mild, comfortable climate year-round.
When choosing a property agency in Fukuoka, overseas investors should look for firms that meet the following six key criteria:
Agencies that meet these criteria can offer a comprehensive investment strategy—including cost breakdowns, tax planning, and exit strategies—allowing foreign investors to confidently take their first step into the Fukuoka property market.
View Our 3 Recommended Japanese Real Estate Services for Internationals
We introduce recommended real estate services tailored to your goals—whether you're looking to invest, explore exclusive luxury properties, or find a comfortable home within your budget.
Use this guide to help you make the right choice in Japan’s real estate market.
From brokerage to management and valuation, they offer a wide range of real estate services.
Backed by Nomura Securities' network and insights, they enables investment-focused proposals that take into account both current returns and long-term growth potential.
Major metropolitan areas across Japan
(Tokyo 23 wards, Nagoya, Osaka, Kyoto, Kobe, Sapporo, Fukuoka, etc.)
The first and only partner in Japan (*1) of Forbes Global Properties, an international luxury platform that only allows membership to top real estate companies from each country.
They selectively introduce penthouses, resorts, and condominiums priced over USD 2 million.
Tokyo’s prime districts, top resort areas like Hakuba, Furano, and Niseko.
Real Estate Japan is one of the largest portal sites in Japan with property listings for foreigners (*2), where you can research desired real estate properties by preferred area, requirements, and features.
With diverse affordable housing options available, you can easily find a home that matches your needs.
Nationwide
(*1) Source: TonTon Forbes Global Properties (https://tonton-inc.com/news/notice/3865)
(*2) Source: realestatejapan (https://realestate.co.jp/en), as of May 29, 2025