1200-person staff accommodation to be built in Niseko
To address a severe housing shortage, a Kutchan real estate company is planning to develop a 30-block estate of apartments for a 2.7-hectare site in the town.Read more
Niseko ramping up for record-breaking ski season
This ski season, hotel bookings in Niseko and Kutchan are expected to surpass last year’s record as inbound tourism continues its post-pandemic recovery.Read more
Domestic developer making moves in condo-hotel market
Daiwa House Industry plans to enter Japan’s relatively untapped hotel-condo market by 2026, according to the Nikkei Shimbun newspaper.Read more
Nationwide land values increase for 2nd year in a row
The nationwide Assessed Land Values (koji-chika), as issued by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) saw a year-on-year increase in 2023. This is the second year in a row to see an increase. The growth is apparent not only in urban centers, but is also spreading to regional areas as the country emerges from the pandemic.Read more
450-room hotel for Niseko
Philippine real estate developer DoubleDragon Properties is about to embark on a 450-room hotel project in Niseko.
40-lot holiday villa subdivision planned for Niseko
A Sapporo-based real estate company is planning to develop a holiday home subdivision on a 10-hectare site adjoining Niseko’s Hirafu district. The developer is targeting wealthy foreign buyers.
Foreclosure in Niseko sells for 2200% above reserve
A foreclosed block of land in Niseko ended up selling for over 22 times its auction reserve earlier this month. The 1,012 sqm (10,889 sq.ft) lot of non-zoned land is 6.3 kilometers from Niseko Station and in the Annupuri district with the Moiwa and Annupuri ski slopes nearby.