Nanba & Shinsaibashi is a prime-tier Osaka submarket with average asking rent around ¥19,000/tsubo/mo · ≈ $42.9 PSF/yr USD.
Nanba & Shinsaibashi is a prime-tier Osaka submarket with average asking rent around ¥19,000/tsubo">tsubo/mo · ≈ $42.9 PSF/yr USD.
Nanba & Shinsaibashi averages around ¥19,000/tsubo/mo · ≈ $42.9 PSF/yr USD for Class A, against a citywide Class A index of 25000. As a prime submarket, rent runs at or above city average with mostly tight availability.
Retail HQ and minami core. Retail HQs, hospitality, consumer goods, fashion.
| city | Osaka |
|---|---|
| submarket | Nanba & Shinsaibashi |
| tier | prime |
| averageRentLocal | ¥19,000/tsubo/mo · ≈ $42.9 PSF/yr USD |
| cityClassARentUsd | $56/sqft/yr |
| cityVacancyPct | 4.8% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.