Restrictions on resort development in Kutchan lagging behind schedule

New restrictions on resort development in Kutchan Town, near the popular Niseko ski resort, were scheduled to be introduced this fall, but have been pushed back. These restrictions are aimed at protecting the town’s natural environment and scenery from an unchecked surge in development by foreign funds in the Hirafu and Hanazono districts.

Read more


Land values drop nationwide for second year, but increase in Tokyo

Japan’s Standard Land Prices were announced yesterday by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT). The national average dropped by 0.4% from last year. This is the second year in a row to see a decline, but it is a slight improvement from last year’s 0.6% drop. The nationwide average has been in the negative for 27 of the past 30 years.

Read more


US$600million+ resort condo development for Niseko

Another week, another multi-billion Yen project announced for Niseko. Singapore-based Shenning Investments is developing a luxury Capella-branded resort in Niseko’s Hanazono district with a planned opening in 2024 ~ 2025. The total cost of the project has not been disclosed but some have estimated it to be over 70 billion Yen (approx. 664 million USD).

Read more


10 billion Yen resort development for Hanazono, Niseko

Apex Property Limited, a Hong Kong developer founded by two female entrepreneurs, is launching a major resort and holiday villa project in Niseko’s Hanazono district.

Read more


100-room condo resort planned for Niseko

A large-scale condominium and resort-style project is planned for the winter ski town of Niseko. Construction is scheduled to start next year, with completion expected in winter 2023.

Read more


Quick real estate news summary for the week

Niseko runs low on water, Allianz adds to residential portfolio, apartment rents in July, and Harajuku’s old station building to get the wrecking ball. Below is a quick weekly summary of some of the recent goings-on in the Japanese real estate market.

Read more


South Korean company to develop condos in Niseko

South Korean conglomerate Hanwha Group is planning a large-scale condominium project for the winter ski resort town of Niseko in Hokkaido. This would be the first major development by a South Korean company in Niseko.

Read more