2026 Real Estate Market Report: Outlook for Tokyo, Kyushu, and Okinawa

2026 First-Half Real Estate Market Trend Report

GLC GROUP has released a proprietary report summarizing real estate market trends for the first half of 2026 in Tokyo and three prefectures in the Kyushu region (Fukuoka, Kumamoto, Okinawa), in conjunction with its first-quarter financial results.

### Market Overview Real estate markets in major cities and the Kyushu-Okinawa region continue to thrive, with land prices rising steadily. In 2026, land prices for commercial districts in Tokyo recorded a significant 12.2% increase, while Fukuoka and Okinawa have maintained top-tier growth rates. In Kumamoto, land prices have risen for nine consecutive years, fueled by large-scale semiconductor-related investments.

### Regional Trends - **Tokyo Area**: Commercial land prices rose by 12.2%. Major redevelopments in Nihonbashi, Yaesu, and Takanawa are boosting urban value, while the historic weak yen and inbound tourism recovery are accelerating the inflow of overseas capital. - **Fukuoka Area**: Land prices have risen for 12 consecutive years. Improvements in the office environment through the 'Tenjin Big Bang' phase two, combined with nation-leading population growth, are supporting residential demand. - **Kumamoto Area**: The birth of an industrial ecosystem following cutting-edge '3nm' semiconductor investment is creating a shortage of residences for high-income professionals, signaling high future potential. - **Okinawa Area**: Tourism numbers exceeded 10.93 million. Expansion in accommodation infrastructure and the rise of 'proximity to work and residence' needs due to traffic congestion are key themes.

GLC GROUP provides an end-to-end service, from site acquisition to management and energy supply, through its unique 'Real Estate SPA Model'.