{"id":26724,"date":"2016-09-21T13:14:06","date_gmt":"2016-09-21T06:14:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-values-are-rising-near-famous-japanese-ski-resort-town\/"},"modified":"2016-09-21T13:30:31","modified_gmt":"2016-09-21T06:30:31","slug":"land-values-are-rising-near-famous-japanese-ski-resort-town","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-values-are-rising-near-famous-japanese-ski-resort-town\/","title":{"rendered":"Land values are rising near famous Japanese ski resort town"},"content":{"rendered":"


\nWhere powder snow falls in Japan, prices rise
\nSnowboarder at a ski resort in Niseko, Hokkaido, Japan. SEASTOCK \/ Shutterstock
\nResidential 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 of a land survey revealed Tuesday by the Ministry of Land, Infrastructure, Transport and Tourism.
\nDemand from foreign skiers pushed values up 27 percent in Kutchan, which is located 14 kilometres away from Niseko, a skiing resort town famed worldwide for slopes filled with powder snow.
\nNet rental yields from Niseko ski properties range between 3 to 6 percent, while capital gains have reached 10 percent per annum over the last five years, according to Grant Mitchell, director of Niseko Property.
\nMore: China\u2019s growing influenece in Niseko
\nElsewhere in Japan, the country\u2019s three biggest metropolitan areas \u2014 Tokyo, Osaka and Nagoya \u2014 saw residential land values rising 0.4 percent in the year to July. This increase is happening on the back of record tourist arrivals in the country, which reached 14 million in the first seven months, according to the Japan National Tourism Organization.
\nAlthough land values in the country have been on a downward trajectory in the last 25 years, they decreased only 0.6 percent in the year to July, their shortest fall since 2007, Bloomberg reported.
\nThe profile of winter sports in Asia is expected to soar over the next few years, with South Korea and China hosting the next two Winter Olympics.
\nRead next: Why North American ski resorts are at par with Alpine properties
\n
\nSource : property-report.com
\nRead more…Land values are rising near famous Japanese ski resort town<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Where powder snow falls in Japan, prices rise Snowboarder at a ski resort in Niseko,...<\/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-26724","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\/p75ss1-6X2","jetpack-related-posts":[{"id":15298,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/japanese-ski-market-recovers-from-some-lean-times\/","url_meta":{"origin":26724,"position":0},"title":"Japanese ski market recovers from some lean times","date":"June 3, 2016","format":false,"excerpt":"\r Niseko in Hokkaido is likely to benefit 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 With the next two Winter Olympics taking place in South Korea and China respectively, the profile of\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":26724,"position":1},"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":101854,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-hokkaido-hotel-and-residence-to-preview-in-spore\/","url_meta":{"origin":26724,"position":2},"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":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":26724,"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":64380,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/7-of-asias-most-spectacular-resort-residences\/","url_meta":{"origin":26724,"position":4},"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":[]},{"id":14468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/winter-sports-resorts-on-the-wane\/","url_meta":{"origin":26724,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/26724"}],"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=26724"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/26724\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=26724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=26724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=26724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}