\nNiseko in Hokkaido is likely to benefit<\/p>\n
Our four-part series covers the dip in demand for winter resort properties that\u2019s causing some concern on the slopes of North America, Europe and Japan
Niseko in Hokkaido is likely to benefit Our four-part series covers the dip in demand...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-15298","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-3YK","jetpack-related-posts":[{"id":26724,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-values-are-rising-near-famous-japanese-ski-resort-town\/","url_meta":{"origin":15298,"position":0},"title":"Land values are rising near famous Japanese ski resort town","date":"September 21, 2016","format":false,"excerpt":"\r Where powder snow falls in Japan, prices rise Snowboarder at a ski resort in Niseko, Hokkaido, Japan. SEASTOCK \/ Shutterstock Residential land prices in Japan rose the highest in Kutchan, a town in the skiing region of western Hokkaido, in the year ended July 31, Bloomberg reported, citing results\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101854,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-hokkaido-hotel-and-residence-to-preview-in-spore\/","url_meta":{"origin":15298,"position":1},"title":"Luxury Hokkaido hotel and residence to preview in S'pore","date":"November 30, 2018","format":false,"excerpt":"\r Artist\u2019s impression of Setsu Niseko, a new 190-unit luxury project in Hokkaido. Source: SC Global Developments\u00a0 SC Global Developments revealed on Thursday (29 Nov) that it will hold private previews in Singapore this week for a luxury hotel apartment residence in Hokkaido, Japan. Dubbed Setsu Niseko, the 190-unit development\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112987,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-niseko-hong-kong-developer-banks-on-luxury-hotels-bullet-train-and-richard-li-to-ride-ski-resort-boom\/","url_meta":{"origin":15298,"position":2},"title":"In Niseko, Hong Kong developer banks on luxury hotels, bullet train and Richard Li to ride ski resort boom","date":"December 11, 2019","format":false,"excerpt":"\r A Hong Kong-based luxury property developer is making the Hanazono village in Niseko its next launch pad to profitability as the Japanese ski resort town grows in popularity.Odin Properties sold eight of the 88 plots at the Odin Hills residential project in the popular Hokkaido ski resort at the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113845,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-women-entrepreneurs-make-further-inroads-in-niseko-with-third-project-in-japanese-ski-resort\/","url_meta":{"origin":15298,"position":3},"title":"Hong Kong women entrepreneurs make further inroads in Niseko with third project in Japanese ski resort","date":"January 24, 2020","format":false,"excerpt":"\r More than a decade after falling in love with Niseko, two women entrepreneurs from Hong Kong are tapping into the booming tourism in the Japanese winter resort again with their third property development venture.Through Apex Property Ltd, co-founders Vicky Lam and Sylvia Tang are offering 17 plots of land\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/winter-sports-resorts-on-the-wane\/","url_meta":{"origin":15298,"position":4},"title":"Winter sports resorts on the wane?","date":"May 26, 2016","format":false,"excerpt":"\r Winter sports destinations have long been considered desirable by status-conscious investors, but an element of doubt has crept into the market Our four-part series covers the dip in demand for winter resort properties that\u2019s causing some concern on the slopes of North America, Europe and Japan All property markets\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64380,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/7-of-asias-most-spectacular-resort-residences\/","url_meta":{"origin":15298,"position":5},"title":"7 of Asia's most spectacular resort residences","date":"August 23, 2017","format":false,"excerpt":"\r \u00a0 By Diana Hubbell Travellers have long looked towards Asia \u2013 with its shimmering azure waters and near-limitless selection of palm-fringed white-sand beaches \u2013 in their search for paradise. Intrepid hippies put the area on the map as a tourist destination in the 1960s. The intervening years, meanwhile, have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2017\/08\/1.-Amanpuri-300x225.jpg?fit=300%2C225&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/15298"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=15298"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/15298\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=15298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=15298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=15298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nWith the next two Winter Olympics taking place in South Korea and China respectively, the profile of winter sports in Asia is expected to soar over the next few years. Highlighted by the Savills Alpine Property Market report as \u201cone of Asia\u2019s most important ski resorts,\u201d Niseko in Hokkaido, Japan, is likely to benefit.
\nThe Japanese ski market is recovering from some lean times. In the 1980s, it became a victim of its own success, with \u201cresorts crowded to such an extent that it was sometimes difficult to actually ski,\u201d according to Geneva-based consultant Laurent Vanat. Then, in the 1990s, Japan\u2019s economic slump saw many overstretched resorts closing.
\n\u201cSkier visits are currently under 40 million per year, about half of what they were in the 1980s,\u201d says Vanat, who notes that while the market was once mainly domestic, the September 11 attacks on New York in 2001 saw many Australian skiers opting to fly to Japan rather than the United States. \u201cThey were followed by visitors from neighbouring Asian countries,\u201d he adds.
\nNiseko is at the forefront of this recovery, according to Grant Mitchell, director of Niseko Property. \u201cWhile Niseko was once only sought out by the most die-hard skiers, its evolution has seen it embrace its position as the preeminent luxury winter holiday destination in all of Asia,\u201d he says.
\nMore: China\u2019s growing influence in Niseko
\nWhile no part of the world is completely insulated from uncertainty in the economic climate, Mitchell says that Niseko offers a literal climactic consistency, which \u201cthe mature, over-developed locations in Europe and North America\u201d cannot.
\n\u201cNiseko is regarded as having the most consistent and plentiful powder snow in the world\u2026 ensuring high consumer confidence in booking early and often when compared with the recent insecurity of snow conditions in Europe and North America,\u201d he says.
\nThe financial climes on Niseko\u2019s slopes may also be appealing to those wishing to invest, says Mitchell. \u201cTypical net rental returns from ski properties range between 3 to 6 percent while capital appreciation has been as strong as 10 percent per annum over the last five years. These sorts of figures are simply unrealizable in the staid mature markets of traditional luxury winter destinations.\u201d
\nIn the ski property market, it seems, for every downhill there\u2019s an up side.
\n
\nSource : property-report.com
\nRead more…Japanese ski market recovers from some lean times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"