Recent developments in Japan's "sub-capital" initiative indicate that four cities meet the relevant criteria: Sapporo, Nagoya, Osaka, and Fukuoka. If Osaka successfully secures the sub-capital status, it is expected to further improve local transport networks and infrastructure, decentralize Tokyo's population, and attract major corporations to relocate their headquarters or regional bases, comprehensively driving an economic takeoff. This will lead to a continuous influx of population, directly boosting local rents and property prices. In fact, land prices in Osaka have already experienced significant growth in recent years, and market demand remains robust even after the World Expo. Notably, land prices in areas like Shinsaibashi and Namba have surged by as much as 25%. Once the sub-capital status is officially established, this upward trend is bound to expand further.
As a property developer, FMI Japan not only continuously monitors the appreciation potential and investment value of plots across various districts in Osaka, but our Global Director, COH, also operates vacation rentals and deeply understands that travelers' practical living preferences are equally crucial. While a plot's appreciation potential is a key factor in deciding an investment, the actual accommodation demand that location can generate holds equal importance to us.
How to Evaluate the Investment Value of a Location
We currently have FMI projects established in multiple areas across Osaka, including Shinsaibashi, Namba, Tsutenkaku, Chiyozaki, and Bentencho. When observing Osaka's accommodation demand, one must never judge solely by traditional tourist hotspots; instead, it requires a deep understanding of how different corners of the city fulfill travelers' practical needs. When planning each project, we closely monitor data such as the types of staying guests, party sizes, and average length of stay. From an investment perspective, we always prioritize three core factors:
First is transportation convenience. Among Osaka's intricate railway network, the most vital arteries are the Midosuji Line (which runs north-south through the economy) and the Chuo Line (which connects to the future casino project). Therefore, you will indeed find that many FMI projects are situated right next to these two major lines. However, this does not mean locations outside these two lines lack investment value.
The second consideration is daily living amenities. If a location is just a stone's throw from a subway station and surrounded by comprehensive daily conveniences—bringing together restaurants, large supermarkets, and department stores, such as our project near Tsutenkaku—it similarly possesses exceptionally high investment value.
The third factor is the developmental characteristics of the region itself. Take Chiyozaki as an example. While it has never been a traditional tourist hotspot, it has repeatedly been chosen by us for land acquisition and construction. The primary reason lies in its proximity to the Osaka Dome. In recent years, with the rise of flash-mob pop culture ("chasing stars"), many fans traveling abroad to attend concerts often opt for quick two-day, one-night itineraries. Most prefer accommodations near the event venue, staying for just one night before returning home immediately. This unique "venue economy" allows Chiyozaki to exhibit remarkable potential.
Limited Two-Bedroom Units Newly Launched in Namba
FMI’s newly completed whole-building project, The Peak Namba West, is situated right in the traditional tourism core of Namba, perfectly meeting all three investment conditions mentioned above. The project is approximately a five-minute walk from the dual-line converging Daikokucho Subway Station, allowing residents to reach Shinsaibashi in 4 minutes, Tennoji in 5 minutes, and easily access Osaka's major popular districts. Its daily living infrastructure is equally comprehensive: a 4-minute walk leads to the traditional Osaka market, Kizu Wholesale Market; a roughly 6-minute walk reaches the Namba Parks shopping mall; and approximately a 10-minute walk brings you to Namba Station and Takashimaya Department Store. From supermarkets and fresh food markets to various shopping, dining, and entertainment facilities, all daily necessities are fully covered, perfectly realizing a "10-minute living circle."
Leveraging its strategic advantage in the traditional Namba tourism district, the rental potential is exceptionally high. Furthermore, the entire building features only eight fully renovated two-bedroom units. This is a rare opportunity—please feel free to contact us anytime for more details.
The Peak Namba West is just a five-minute walk from the dual-line Daikokucho Subway Station, seamlessly connecting all of Osaka.






