Real Estate News
-
Niseko Village changes hands in ¥6 billion deal
NISEKO Village ski resort has been bought out by high-profile Malaysian company YTL Hotels and Properties for ¥6 billion (approx. US$66 million).
-
Niseko real estate 2009/10 and beyond
THE Niseko real estate market bounced back into favour after a slow season following the economic crisis. Here's what the real estate figures are saying.
-
Chinese stake claim in Hirafu
NEXT winter an upmarket steak restaurant will take up residence in the Lodge Ronde building – one of a handful of prime properties on the main road running through the centre of Hirafu.
-
Land on the move again
LOCAL real estate agents say land is back on the radar of property investors after a pause following the economic downturn.
-
$6m week at Vale Niseko
AFTER Powderlife reported the sale of The Vale Niseko’s two penthouses and a further seven apartments since the start of the season, there have been another six apartment sales in the two weeks since.
-
Capella sales keep coming
SALES of Capella Niseko continue to roll in, with three deposits received for apartments from buyers in Niseko alone this season.
-
Odin House comes to life
THE wraps are off Odin House, one of most unique and impressive structures to be built in Niseko to date. Construction of the five-storey residence was recently completed and the keys will soon be handed over to the owner.
-
Vale Niseko experience sells
GUESTS are obviously impressed with The Vale Niseko experience – the complex's two penthouses and seven apartments have gone under contract to people who have stayed there since it opened for business on December 9.
-
Eco-smart mansion complete
THE finishing touches have been put on Eco 260 – an enormous 850sqm private residence in Hirafu Middle Village.
-
Boutique cottages planned for Izumikyo 2
IZUMIKYO Company has announced plans to develop the main section of their Izumikyo 2 subdivision into a boutique cottage village.
-
CBA Niseko loans may return
THE Commonwealth Bank of Australia (CBA) may reintroduce loans for Niseko real estate purchases.
-
Historic Izumikyo block sold
IZUMIKYO Company has sold a premium 800 tsubo (2662sqm) block of land in Izumikyo 2 that it has held since it developed the area in the late 80s.
-
Six-star Capella gets green light
CAPELLA, the world's only six-star hotel and resort chain, will begin construction on its Niseko resort in May 2010 for completion in 2011.
-
Local companies relocating
RETURN visitors to Niseko may have noticed that over the summer one of the area’s best-known corporate identities has moved.
-
Brokers break into market
HITTING the ground running is the recently established real estate brokerage, Meikle & Associates.
-
NRE teams up with top of Tokyo
JAPAN is often viewed as a stable market for property investment, and as the range and needs of Niseko patrons has grown, so has the number of enquiries for non-Niseko properties.
-
The Vale unveiled, Snow Crystal lands
FOR a regular visitor to Niseko this year’s most noticeable addition to the Hirafu landscape would be the recently completed Vale and Snow Crystal developments.
-
2009 real estate wrap niseko
WHILE developers and investors the world over fought to stay afloat this year, Niseko managed to defy the trend. This year saw new benchmarks in luxury apartments and private residences completed. Several large, upper-village development sites were acquired, and a number of significant commercial properties changed hands.
-
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 spaces don’t tend to stay on the -
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 -
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 on a large -
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 -
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 the construction. "This will put to rest the endless and unfortunate rumours that the site is not
-
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,
