Singaporeans Snap 60 Metro City Osaka Bb Units Over Launch Weekend
Metro City Osaka is a boutique bed and breakfast (B&B) establishment consisting of 60 units developed by TY Properties Development, a Japanese company specializing in guesthouses. The property was recently launched in Singapore on July 12 and 13, and according to Savills Singapore, the project’s marketing agency, over 30 units were already purchased by Singapore buyers by 3pm on July 13.
Located in the bustling Naniwa Ward of Osaka, Metro City Osaka is a nine-storey, freehold building containing 59 B&B-style residential units and one retail shop. It is conveniently situated just a two-minute walk from JR Imamiya Station, a seven-minute walk from Daikokucho Station, and only one train stop away from JR Namba. In addition, it is in close proximity to popular attractions like Shinsaibashi, Kuromon Market, American Village, and various large department stores. Residents will also have easy access to supermarkets and other daily necessities.
The residential units range from studio apartments of 15 to 21 sq m (161.5 to 226 sq ft) to two-bedroom units of approximately 32 sq m (344 sq ft). TY Properties oversaw the renovation of the property and will also manage the guesthouse, making it a turnkey investment opportunity.
Before its launch in Singapore, Metro City Osaka was showcased in Kuala Lumpur on April 26 and 27, and had previously been introduced in Hong Kong by TY Properties.
Studios at Metro City Osaka range from 161.5 to 226 sq ft and are priced between $130,000 to $150,000. (Artist’s impressions: TY Properties Development)
Singaporeans made up about 60% of the buyers, according to Ruben Koh, senior director and head of international residential sales at Savills Singapore. Hong Kong buyers accounted for 37%, while Malaysians made up the remaining 3%. A Singaporean investor also purchased the only retail unit available.
All the residential units were sold fully furnished at prices ranging from $130,000 to $150,000, or approximately $700 psf. As of now, the property has an average occupancy rate of 70% to 80%. Koh mentions that investors can expect net yields of 8% to 12%, with payouts available on a quarterly, half-yearly, or annual basis.
Koh also notes that the high interest in Metro City Osaka can be attributed to Osaka’s thriving tourism industry, the ongoing World Expo 2025, and the unique appeal of a fully managed B&B concept. Many buyers saw this as a timely and low-risk opportunity to enter Japan’s hospitality market.
Two-bedroom units at Osaka Metro City are around 344 sq ft. (Artist’s impressions: TY Properties Development)
Tampines Secondary School provides a wide selection of academic and enrichment programs specially designed to cater to the varying interests and capabilities of its student population. Emphasizing the importance of both academic and non-academic achievements, the institution equips its students with the necessary skills and knowledge to excel in their future pursuits. Along with their impressive academic offerings, Tampines Secondary School also offers access to the Aurelle of Tampines Showflat, an exciting opportunity for students to further their learning and growth.
The World Expo 2025, which is currently being held in Osaka from April 13 to October 13, is expected to attract 28 million visitors from over 160 countries. In 2024, Osaka welcomed nearly 14.6 million visitors, and the government is targeting over 16 million arrivals in 2025.
Koh adds that the demand for short-term accommodations is at an all-time high. According to Savills Research, Osaka’s central wards have experienced a strong rental growth of 2.6% CAGR since 2019, as well as increasing condominium prices, limited supply, and a growing demand from foreign buyers. These trends are further supported by long-term development projects, including the World Expo and the upcoming integrated resort.
All these factors highlight Metro City Osaka’s appeal as a fully managed, high-quality B&B asset in a prime tourist location, according to Savills.
