Niseko Real Estate News
Niseko's future safe, but tough times still ahead
NISEKO'S real estate market built itself up into a seemingly invincible force, until this season.
In 2008-09, after around seven years of momentum, the town's real estate trade experienced its first correction in response to the global financial crisis, a strong yen and a weak Australian dollar.
Powderlife spoke to several local real
The Vale progresses, naysayers silenced
WHILE the leaves on the trees are yet to sprout, the recommencement of work on The Vale construction site is a sure sign spring is on the way. Nisade Chairman Jonathan Martin said he was happy to silence the naysayers with the recommencement of
Commercial property on the up
WITH Japanese prime time shows praising Niseko for its culinary diversity, commercial restaurant property in upper Hirafu is maintaining strong interest.
Most recent construction projects in the Upper Village are now being built, with the ground level reserved for commercial ventures, and these
Going green to stay in the game
GREEN building methods are a focus for many of the those involved in Niseko's recent architecture.
From the use of local materials to eco-energy sources, builders and designers in Niseko are answering this call.
The Forest development, designed by architect Riccardo Tossani, was built with a focus
Strong yen attracts Japanese investors
YEN buyers are looking to take advantage of the current market conditions and make a move on Niseko investments.
The strength of the yen and the current economic climate has moved some sellers to reconsider their placing in the international market. This in turn has opened doors to local buyers less affected by international exchange rates.
Cold winter ahead but Niseko still hot
WORLD financial markets might be in turmoil, but cooler heads are prevailing among Niseko's leading property figures.
All the major developers are confident that despite an inevitable short term hit from the current crisis, the long
Big interest in Furano development
HOKKAIDO Tracks has been asked to reserve about 80 per cent of the apartments for sale in its first development in Furano.
Furano is a resort town in central Hokkaido that has long been a favourite summer and winter destination for
Moiwa Resort could be on the market soon
THE owner of the Moiwa Ski Resort, just beyond Niseko Annupuri, filed for bankruptcy protection last week with a debt of ¥94.9 billion ($US890 million).
Construction company Zephyr Co bought Moiwa Ski Resort last year with plans to turn it into a fully master-planned resort.
Over winter Zephyr also announced plans to build a large-scale
