Buying real estate in Fukuoka?

Get all the real estate data you need

What rental yield can you expect in Fukuoka? (2026)

Last updated on 

Get all the data you need about the real estate market in Fukuoka

SUMMARY

We analyzed residential property rental yields in Fukuoka, as of 2026, for individual residential property buyers using the raw dataset provided. The work compares purchase prices, monthly rents, gross rental yields, and net rental yields across the Fukuoka neighborhoods and property types covered in the dataset.

This article is updated regularly, so the figures should be read as a May 2026 snapshot of the Fukuoka residential property rental yield market rather than a permanent forecast.

The main finding is clear: compact condominium and apartment units produce the strongest rental income efficiency in Fukuoka. Studios generally outperform 1-bedroom and 2-bedroom units because the purchase price is lower while renter demand remains deep.

Hakata Station is the strongest central yield case in the dataset. A studio property is estimated at ¥15,000,000 with ¥88,000 monthly rent, producing 7.0% gross yield and 5.4% net yield.

Ijiri, Hakozaki, and Kashii also show strong studio yields, with net yields around 5.1% to 5.2%. These areas are cheaper than Chuo-ku prestige districts, but the investment case depends more heavily on building quality, station access, and resale liquidity.

Yakuin and Ropponmatsu offer a more balanced profile for beginner buyers. They do not always beat Hakata Station on yield, but they combine central access, broad tenant demand, and more practical resale appeal than many lower-priced areas.

Nishijin and Fujisaki stand out for larger units. Their 2-bedroom net yield is estimated at 3.8%, which is stronger than Ohori, Momochi, and Meinohama for family-oriented rental demand.

The weakest income profile appears in premium lifestyle areas such as Momochi / Seaside Momochi and Ohori / Tojinmachi, especially for 2-bedroom units. Momochi 2-bedrooms show only 2.9% net yield, while Ohori 2-bedrooms show 3.1% net yield.

For foreign buyers, the biggest risk is not simply choosing the wrong neighborhood. The bigger risk is buying an older or poorly managed unit where management fees, repair reserves, vacancy, leasing costs, tax friction, and resale weakness reduce the real return.

The practical takeaway is that Fukuoka rewards careful property selection. Hakata Station, Yakuin, Ropponmatsu, Nishijin / Fujisaki, Hakozaki, Ijiri, and Kashii each offer a different trade-off between yield, tenant depth, entry price, operating costs, and liquidity.

Get fresh and reliable information about the market in Fukuoka

Don't base significant investment decisions on outdated data. Get updated and accurate information.

buying property foreigner Fukuoka

Residential property rental yields in Fukuoka in 2026

This table compares residential property rental yields in Fukuoka by neighborhood and property type.

For each area, the table shows estimated average purchase price, estimated average monthly rent, gross rental yield, and net rental yield for studio, 1-bedroom, and 2-bedroom properties.

Finally, please note you'll find much more detailed data in our real estate pack about Fukuoka.

Neighborhood Studio property average purchase price Studio property average monthly rent Studio property gross rental yield Studio property net rental yield 1-bedroom property average purchase price 1-bedroom property average monthly rent 1-bedroom property gross rental yield 1-bedroom property net rental yield 2-bedroom property average purchase price 2-bedroom property average monthly rent 2-bedroom property gross rental yield 2-bedroom property net rental yield
Akasaka ¥17,500,000 ¥85,000 5.8% 4.4% ¥31,500,000 ¥132,000 5.0% 3.8% ¥52,000,000 ¥205,000 4.7% 3.6%
Daimyo / Tenjin ¥19,000,000 ¥93,000 5.9% 4.3% ¥34,500,000 ¥145,000 5.0% 3.7% ¥56,500,000 ¥220,000 4.7% 3.5%
Hakata Station ¥15,000,000 ¥88,000 7.0% 5.4% ¥28,500,000 ¥128,000 5.4% 4.1% ¥45,500,000 ¥180,000 4.7% 3.7%
Hakozaki ¥10,500,000 ¥57,000 6.5% 5.1% ¥20,000,000 ¥83,000 5.0% 3.9% ¥33,000,000 ¥118,000 4.3% 3.4%
Ijiri ¥9,800,000 ¥54,000 6.6% 5.2% ¥18,500,000 ¥80,000 5.2% 4.1% ¥31,500,000 ¥115,000 4.4% 3.5%
Kashii ¥11,000,000 ¥59,000 6.4% 5.1% ¥20,500,000 ¥86,000 5.0% 4.0% ¥34,000,000 ¥122,000 4.3% 3.4%
Meinohama ¥12,000,000 ¥61,000 6.1% 4.8% ¥22,000,000 ¥90,000 4.9% 3.8% ¥36,000,000 ¥128,000 4.3% 3.3%
Momochi / Seaside Momochi ¥16,000,000 ¥72,000 5.4% 3.9% ¥30,000,000 ¥112,000 4.5% 3.3% ¥52,000,000 ¥175,000 4.0% 2.9%
Nishijin / Fujisaki ¥14,000,000 ¥75,000 6.4% 4.9% ¥26,000,000 ¥108,000 5.0% 3.8% ¥45,000,000 ¥188,000 5.0% 3.8%
Ohori / Tojinmachi ¥18,500,000 ¥84,000 5.4% 4.0% ¥34,000,000 ¥132,000 4.7% 3.4% ¥58,000,000 ¥205,000 4.2% 3.1%
Ropponmatsu ¥13,500,000 ¥70,000 6.2% 4.7% ¥25,000,000 ¥103,000 4.9% 3.8% ¥42,000,000 ¥158,000 4.5% 3.4%
Yakuin ¥16,500,000 ¥85,000 6.2% 4.7% ¥30,000,000 ¥128,000 5.1% 3.9% ¥50,000,000 ¥195,000 4.7% 3.6%

Make a profitable investment in Fukuoka

Better information leads to better decisions. Save time and money. Download our data.

buying property foreigner Fukuoka

Which neighborhoods offer the best net yield among areas people actually want to live in Fukuoka?

The best net-yield neighborhoods among areas people actually want to live in Fukuoka are Hakata Station, Yakuin, Ropponmatsu, and Nishijin / Fujisaki.

Hakata Station is the clearest income case. The estimated studio net yield is 5.4%, which is the strongest net yield in the dataset, supported by transport, office demand, business travel, Shinkansen access, and airport convenience.

Yakuin is less explosive but more balanced. A studio is estimated at 4.7% net yield, while a 1-bedroom is estimated at 3.9% net yield, which is attractive for a central residential area close to Tenjin.

Ropponmatsu is useful for a beginner buyer because it gives a middle-ground profile. The studio net yield is about 4.7%, while the entry price remains below Akasaka, Ohori, and Daimyo.

Nishijin / Fujisaki is the strongest family-oriented yield compromise. Its 2-bedroom net yield is about 3.8%, better than Ohori and Momochi, while tenant demand is supported by schools, subway access, and Sawara-ku livability.

The practical takeaway is that Hakata Station gives stronger yield but more tenant turnover, while Nishijin / Fujisaki gives steadier family demand. Yakuin and Ropponmatsu sit between those two profiles.

Where can I find residential properties with above-average yields and below-average entry prices in Fukuoka?

The best Fukuoka areas for above-average yields with below-average entry prices are Hakata Station studios, Ijiri studios, Hakozaki studios, and Kashii studios.

Ijiri has one of the lowest estimated studio entry prices in the table at ¥9,800,000, with monthly rent around ¥54,000. That produces about 6.6% gross yield and 5.2% net yield.

Hakozaki is similar. A studio at about ¥10,500,000 and ¥57,000 rent produces about 6.5% gross yield and 5.1% net yield.

Kashii also works for lower-budget investors. A studio at around ¥11,000,000 with ¥59,000 rent produces about 5.1% net yield.

Hakata Station is the more liquid version of this strategy. Its studio price is higher at about ¥15,000,000, but monthly rent around ¥88,000 produces the table’s strongest central net yield, about 5.4%.

The trade-off is that Ijiri, Hakozaki, and Kashii are not as liquid with foreign buyers as central Chuo-ku or Hakata Station. The lower price comes with weaker prestige, more local tenant pools, and more property-selection risk.

Where does the rent level justify the purchase price most clearly in Fukuoka?

The rent level most clearly justifies the purchase price in Hakata Station, Yakuin, Ropponmatsu, Hakozaki, and Ijiri.

Hakata Station is the strongest example. A studio costs about ¥15,000,000 and rents for about ¥88,000, creating a 7.0% gross rental yield.

Yakuin is more lifestyle-driven. A studio costs about ¥16,500,000 and rents for about ¥85,000, giving about 6.2% gross yield.

Ropponmatsu is attractive because prices have not reached Ohori levels, but renter appeal has improved. A studio at about ¥13,500,000 and ¥70,000 rent gives about 6.2% gross yield.

Hakozaki and Ijiri look rational for a different reason. The rent is not high in absolute yen terms, but prices are low enough to make the yield efficient for small units.

The trade-off is that the most rational rent-to-price ratio is not always the safest resale choice. Ohori and Momochi look weaker on yield, but they can still attract owner-occupiers and lifestyle buyers.

We have actually built the our real estate pack about Fukuoka to make sure you won’t buy in the wrong area. Check it out.

Get to know the market before buying a property in Fukuoka

Better information leads to better decisions. Get all the data you need before investing a large amount of money.

real estate market Fukuoka

Where is the best place to buy if I want stable rental income rather than maximum yield in Fukuoka?

For stable rental income rather than maximum yield in Fukuoka, the best choices are Nishijin / Fujisaki, Yakuin, Ropponmatsu, and Meinohama.

Nishijin / Fujisaki is the strongest stability choice for 2-bedroom units. The estimated 2-bedroom rent is about ¥188,000, with a net yield around 3.8%.

Yakuin is stable for singles and couples. Its estimated 1-bedroom rent is ¥128,000, and the net yield is about 3.9%.

Ropponmatsu is a good middle-income stability market. It has less prestige than Ohori, but a studio still reaches about 4.7% net yield.

Meinohama is more suburban but stable for family renters. Its yields are lower than Ijiri or Hakozaki, but family tenants are often less transient.

The honest interpretation is that stable areas rarely give the highest headline yield. You accept a slightly lower return to reduce vacancy, tenant turnover, and resale risk.

What type of residential property should a beginner investor buy to maximize rental profitability in Fukuoka?

A beginner investor in Fukuoka should usually buy a well-located studio or compact 1-bedroom condominium unit, not a large 2-bedroom or detached house.

Studios produce the strongest yields in the table. The strongest studio examples are Hakata Station at 5.4% net yield, Ijiri at 5.2%, Hakozaki at 5.1%, and Kashii at 5.1%.

A 1-bedroom is the better beginner choice if the buyer wants fewer tenant changes and better resale appeal. Yakuin, Hakata Station, Ropponmatsu, and Nishijin all have credible 1-bedroom demand.

A 2-bedroom is better for income stability than maximum yield. It works best in Nishijin / Fujisaki, Yakuin, Akasaka, and Meinohama, where family or couple demand is durable.

The key trade-off is turnover. Studios can yield more, but tenants may move more often, while a 1-bedroom usually gives the best balance between entry price, yield, tenant depth, and resale liquidity.

We give you more details in the our real estate pack about Fukuoka.

Which neighborhoods offer strong rental income with the lowest vacancy risk in Fukuoka?

The best Fukuoka neighborhoods for strong rental income with low vacancy risk are Yakuin, Nishijin / Fujisaki, Hakata Station, and Akasaka.

Yakuin has broad demand from professionals and couples. A 1-bedroom rents for about ¥128,000, while a 2-bedroom rents for about ¥195,000.

Nishijin / Fujisaki is especially strong for 2-bedroom units. Its estimated ¥188,000 monthly rent is high, but not purely speculative, because family demand and subway access support it.

Hakata Station is strong for studios and 1-bedrooms. Its studio rent of about ¥88,000 is high relative to its estimated purchase price.

Akasaka is more expensive but liquid. Its 2-bedroom rent of about ¥205,000 is supported by central location, walkability, and proximity to Tenjin and Ohori.

The trade-off is cost. Akasaka and Yakuin are safer than Hakozaki or Ijiri, but their purchase prices are higher, so yields are lower than the best cheap-area studios.

Buying real estate in Fukuoka can be risky

An increasing number of foreign investors are showing interest. However, 90% of them will make mistakes. Avoid the pitfalls with our comprehensive guide.

investing in real estate foreigner Fukuoka

Which areas look overpriced relative to their rental income in Fukuoka?

The areas that look most overpriced relative to rental income in Fukuoka are Momochi / Seaside Momochi, Ohori / Tojinmachi, and Daimyo / Tenjin for larger units.

Momochi / Seaside Momochi has the weakest 2-bedroom yield in the table. A 2-bedroom costs about ¥52,000,000 and rents for about ¥175,000, giving only 4.0% gross yield and 2.9% net yield.

Ohori / Tojinmachi is similar. A 2-bedroom costs about ¥58,000,000 and rents for about ¥205,000, producing about 4.2% gross yield and 3.1% net yield.

Daimyo / Tenjin has high rents, but the purchase prices are also high. A 2-bedroom at about ¥56,500,000 and ¥220,000 rent produces only 3.5% net yield.

These areas are expensive because of prestige, centrality, waterfront or park appeal, walkability, lifestyle amenities, and owner-occupier demand.

The practical takeaway is that lifestyle quality and rental yield are not the same thing. A neighborhood can be excellent for living and still weak for rental-income investors.

Which neighborhoods should I avoid even if the rental yield looks attractive in Fukuoka?

Beginner investors should be careful with Ijiri, Hakozaki, and some older stock in Kashii, even though the yields look attractive.

Ijiri studios show about 5.2% net yield, one of the best numbers in the table. But the lower entry price reflects weaker prestige and more local renter demand compared with central Fukuoka.

Hakozaki studios also show about 5.1% net yield. The risk is that older buildings, smaller layouts, and weaker resale liquidity can reduce the real return if repairs or vacancy rise.

Kashii is more balanced, but building selection matters. A cheap old unit near a weak micro-location can look high-yielding while being harder to resell.

These areas should not be avoided completely. They should be avoided by beginners who cannot inspect building reserves, repair history, management fees, tenant depth, and station access carefully.

The simple rule is that the cheaper the property, the more the result depends on micro-location and building quality.

Which neighborhoods look risky even though the rental yield is high in Fukuoka?

The highest-risk high-yield areas in this dataset are Ijiri, Hakozaki, and Kashii, especially for older studios.

Ijiri’s studio yield is attractive at about 6.6% gross yield and 5.2% net yield. The risk is lower resale liquidity and a narrower tenant pool than Hakata Station or Yakuin.

Hakozaki has similar economics, with about 6.5% gross yield and 5.1% net yield for studios. The risk is building age and rent sensitivity.

Kashii gives about 5.1% net yield for studios. It has good local demand, but it is less central, so bad station access or older stock can weaken leasing speed.

A safer alternative is Hakata Station. Its studio net yield is about 5.4%, but the tenant pool is broader and resale liquidity is stronger.

The trade-off is that a cheap unit can outperform on paper but underperform after vacancy, repairs, or a difficult resale.

Don't lose money on your property in Fukuoka

100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.

investing in real estate in  Fukuoka

What neighborhoods should I avoid when buying a rental property in Fukuoka?

For a beginner rental investor, avoid weak micro-locations inside otherwise acceptable districts, especially older studios far from stations in Ijiri, Hakozaki, Kashii, and outer Meinohama.

In Ijiri, avoid older buildings with poor reserves or long walks to rail access. The yield can look strong, but resale demand is more local and price-sensitive.

In Hakozaki, avoid buildings where the rent depends only on being cheap. The area can work, but weak layouts and aging stock can turn a good gross yield into a mediocre net result.

In Kashii, avoid units with poor access to the main demand nodes. The district has real residential depth, but not every building benefits equally.

In Meinohama, avoid overpaying for larger units if the rent does not justify the family-sized purchase price. A 2-bedroom net yield of about 3.3% leaves little room for unexpected costs.

These are not complete avoid areas. They are areas that beginners should avoid unless the specific property is clearly better than average.

Which neighborhoods are seeing rental demand weaken, and why, in Fukuoka?

The clearest pressure in Fukuoka is not broad demand collapse, but yield weakening in high-price lifestyle areas and slower leasing risk in older affordable stock.

Momochi is vulnerable because purchase prices are high while rents do not rise proportionally. Its 2-bedroom net yield is only about 2.9%, the weakest in the table.

Ohori / Tojinmachi is similar. It remains desirable, but the 2-bedroom net yield is about 3.1%, meaning investor returns are compressed by high acquisition prices.

In Hakozaki and Ijiri, demand is not necessarily weakening overall. The risk is segmentation, where good station-access units rent, while older or poorly managed units compete mainly on price.

This is more of a selection problem than a citywide decline. Fukuoka’s growth profile supports demand, but not every property benefits equally.

The practical recommendation is to monitor premium 2-bedroom pricing and negotiate harder on older affordable studios.

Which neighborhoods are seeing new developments that could create stronger rental demand in Fukuoka?

The main development-positive neighborhoods are Tenjin / Daimyo, Hakata Station, Yakuin-adjacent central areas, and Ropponmatsu.

Tenjin is the clearest redevelopment story. Fukuoka City’s Tenjin Big Bang program supports newer buildings, public spaces, and stronger central employment capacity.

This helps rental demand in Daimyo / Tenjin, Akasaka, and Yakuin because more central jobs and amenities support professional tenants.

Hakata Station benefits from transport and business demand. Even without the prestige of Ohori, it has the best studio yield in the table because rents are high relative to prices.

Ropponmatsu benefits more gradually. It is not a pure redevelopment play, but improving central-west residential appeal supports rental depth.

The trade-off is that development can improve demand while also compressing yields. Buy only where rent growth still supports the price.

Thinking of buying real estate in Fukuoka?

Acquiring property in a different country is a complex task. Don't fall into common traps – grab our guide and make better decisions.

real estate forecasts Fukuoka

Which neighborhoods are becoming more attractive to renters because of recent infrastructure or transport changes in Fukuoka?

The most transport-supported renter markets are Hakata Station, Tenjin / Daimyo, Yakuin, Ropponmatsu, Nishijin / Fujisaki, and Meinohama.

Hakata Station is the clearest example. Airport access, Shinkansen access, JR lines, offices, hotels, and retail make it unusually strong for small rental units.

Tenjin / Daimyo benefits from the central redevelopment cycle and pedestrian improvements. This supports professional renters who want access to work, shopping, food, and nightlife.

Yakuin benefits by being close to central jobs and lifestyle districts while staying more residential than core Tenjin.

Nishijin / Fujisaki and Meinohama benefit from family-oriented subway-line demand. They are not pure yield-maximizing areas, but they are strong for stable tenants.

The trade-off is pricing. Transport improvements often get capitalized into purchase prices faster than they show up in rents.

Which neighborhoods have become less attractive for property investors over the last 12 months in Fukuoka?

The neighborhoods that look less attractive for yield-focused investors are Momochi / Seaside Momochi, Ohori / Tojinmachi, and Daimyo / Tenjin larger units.

Momochi’s 2-bedroom net yield is about 2.9%, and Ohori’s is about 3.1%. These are low for investors who mainly want rental income.

Daimyo / Tenjin still has strong rents, but larger-unit prices are high. A 2-bedroom net yield around 3.5% is acceptable only if the buyer also wants central scarcity and resale appeal.

These areas are not bad neighborhoods. They are simply harder to justify as rental-income purchases in May 2026.

The trade-off is capital preservation versus income. Lifestyle and scarcity may protect values, but they do not automatically create strong yield.

For a beginner buyer, the key question is whether the property is being bought for income, lifestyle, or long-term scarcity. Those goals lead to different acceptable yields.

Which property types are becoming harder to rent in Fukuoka, and in which neighborhoods?

The property types becoming harder to rent in Fukuoka are expensive 2-bedroom units in premium areas and old studios in weaker micro-locations.

In Momochi and Ohori, expensive 2-bedrooms face affordability limits. The monthly rents are high, but net yields are low because purchase prices and recurring costs are also high.

In Daimyo / Tenjin, large units can rent, but the tenant pool is narrower. Many central renters are singles or couples, while family renters may prefer Nishijin, Fujisaki, Meinohama, or school-oriented areas.

In Hakozaki, Ijiri, and Kashii, older studios can be harder if the building quality is weak. The low price creates yield, but tenants compare many affordable options.

The safest property type remains a well-located compact unit near rail access. The riskier property types are large premium units bought for yield and cheap old studios bought without checking building condition.

The real signal is that property type matters as much as neighborhood. A good studio in Hakata Station is not the same investment as an old studio in a weak micro-location.

Get the full checklist for your due diligence in Fukuoka

Don't repeat the same mistakes others have made before you. Make sure everything is in order before signing your sales contract.

real estate trends Fukuoka

Which bedroom count offers the best balance between entry price, rental yield, and tenant demand in Fukuoka?

The best balance in Fukuoka is usually a 1-bedroom property, while the highest yield is usually a studio property.

Studios have the strongest yields. In this table, studio net yields range from about 3.9% in Momochi to 5.4% in Hakata Station.

1-bedrooms are more balanced. They usually produce about 3.7% to 4.1% net yield in the better-yielding areas, with less extreme turnover than studios.

2-bedrooms are best for stability, not maximum yield. They work in Nishijin / Fujisaki, Yakuin, Akasaka, and Meinohama, but net yields often fall into the 3.0% to 3.8% range.

For a beginner in Fukuoka, the practical ranking is simple: 1-bedroom for balance, studio for yield, and 2-bedroom for stability.

The trade-off is simple. Studios are cheaper and higher-yielding, 1-bedrooms are more flexible, and 2-bedrooms need stronger tenant screening and better neighborhood selection.

INSIGHTS

These insights are drawn from the Fukuoka residential property rental yield dataset, with a focus on what a foreign individual buyer should understand before buying a residential property to rent out.

  • Hakata Station studios show the strongest income profile in the Fukuoka dataset. The 5.4% net yield matters because it is supported by transport and employment access, not only by a low purchase price.
  • Fukuoka studios usually outperform larger units because small-unit rents remain strong relative to entry price. This makes studios useful for rental income, but also more exposed to tenant turnover.
  • 1-bedroom units are the best balance for many beginner buyers. They often produce slightly lower yield than studios, but they can attract more stable singles, couples, and professionals.
  • 2-bedroom units are mainly stability assets in Fukuoka, not maximum-yield assets. They work best where family demand is strong, especially Nishijin / Fujisaki, Yakuin, Akasaka, and Meinohama.
  • Ijiri, Hakozaki, and Kashii show attractive studio yields, but the investor must be more selective. The lower price is useful only if building condition, reserves, access, and tenant depth are acceptable.
  • Yakuin is one of the best central balance markets. It does not have Hakata Station’s strongest yield, but it offers lifestyle demand, central access, and a broad renter base.
  • Ropponmatsu is a practical middle-ground neighborhood. It gives stronger yield than some prestige districts while still offering a more central and livable profile than many cheaper areas.
  • Nishijin / Fujisaki is the strongest family-yield compromise. Its 2-bedroom net yield of about 3.8% is notably better than Ohori and Momochi for larger-unit investors.
  • Momochi / Seaside Momochi looks weak for rental income despite lifestyle appeal. The 2-bedroom net yield of 2.9% leaves very little room for costs, vacancy, or repairs.
  • Ohori / Tojinmachi is better understood as a lifestyle and capital-preservation area than a pure income market. The rent is high, but the purchase price is higher.
  • Daimyo / Tenjin has strong rents but expensive entry prices. The area can make sense for scarcity and centrality, but larger units are not the easiest yield investments.
  • Fukuoka beginner buyers should compare net yield before gross yield. Management fees, repair reserves, taxes, leasing costs, vacancy, and repairs can materially reduce the income that actually reaches the owner.
  • Neighborhood averages can hide property-level risk. A good building near a station and a weak building in the same district can produce very different leasing speed, repair burden, and resale result.
  • The best Fukuoka rental strategy is not simply to buy the cheapest unit. It is to buy a property where price, rent, building quality, tenant depth, and resale liquidity all support the same investment thesis.
  • For foreign buyers, remote management risk matters. A compact, well-managed condominium near a strong transit node is usually easier to operate than a cheaper property that requires constant local judgment.

Don't sign a document you don't understand in Fukuoka

Buying a property over there? We have reviewed all the documents you need to know. Stay out of trouble - grab our comprehensive guide.

real estate market data Fukuoka

OUR METHODOLOGY TO BUILD THIS TRACKER

To estimate purchase price, monthly rent, and rental yield in different Fukuoka neighborhoods, we built this dataset ourselves from the ground up. We did not reuse a third-party yield dataset. We manually researched current residential sale and rental listings, then organized the data by neighborhood and property type.

For each neighborhood and property type, we collected comparable sale listings from recognized Japan property platforms such as LIFULL HOME'S, SUUMO, and at home. We used the property categories shown in the tracker, then compared only listings that were reasonably similar in location, size, condition, and property format.

We cleaned the sale sample manually. Duplicate listings, unrealistic asking prices, luxury outliers, distressed assets, serviced-style offers, incomplete listings, and clearly non-comparable properties were removed before calculating the estimates.

Sale prices were normalized on a yen basis, and on a price-per-square-meter basis where possible. We used the median price as the main reference, or the average only when the sample was clean. We then applied a practical judgment to asking prices based on liquidity, apparent overpricing, listing quality, and comparable market evidence.

We then built the rental side of the dataset manually. For the same neighborhood and property type, we collected comparable rental listings, cleaned the sample for outliers and non-comparable listings, and estimated a realistic monthly rent using the median rent where possible.

The gross rental yield was calculated as: Gross rental yield = annual rent / estimated purchase price.

To estimate net yield, we avoided applying a flat discount across all segments. The deduction was adjusted by neighborhood and property type, reflecting differences in management fees, repair reserves, fixed asset tax, city planning tax, insurance, vacancy risk, leasing costs, maintenance needs, management costs, repairs, and property-level operating costs.

For residential property markets, we also paid attention to property-level factors when available. These include building condition, building age, access, layout, management quality, maintenance burden, tenant depth, rental stability, and resale liquidity.

Each estimate was assigned a confidence level. 30 to 40 comparable listings means higher confidence. 20 to 30 comparable listings means usable but less robust. Below 20 comparable listings means directional only, unless we widened the comparable area.

These estimates are updated regularly and should be read as structured market estimates, not as guarantees of future rental income. Honesty, quality, and rigor are at the core of our work, and they are also what you will find in our real estate pack about Fukuoka.