HK Developer capitalises on subdivision

By 7th February 2009 August 27th, 2013 Uncategorized

THE long-vacant Country Resort sub-division, created by Izumikyo Real Estate, is now being populated by Hong Kong-based developer Niseko Resorts Group.

Country Resort’s clearing, sub-division and roadworks were originally completed by Izumikyo Real Estate more than six years ago, creating flat, developable blocks that ranged from 500sqm to 1,300 sqm. The area then remained quiet for four years until Niseko Resorts Group took interest in the project.

Niseko Resorts Group was founded by its managing director Chi Guillemette, who fell in love with Niseko after her first trip here from Hong Kong in 2003. Over the last two years the group has built and sold 25 homes ranging from 130sqm to 1300sqm, creating a little village of sorts in Country Resort. Using Niseko Resort Design and Construction as the lead builder, the group is continuing the development of the area.

Andrew Hooper-Nguyen, the operations director for Niseko Resorts Group, said there were many new and exciting plans for the project. “As well as having another 15 houses available, we also have plans to build a recreation centre including a cafe/restaurant and children’s room in the Country Resort sub-division,” he said. “We are also pre-marketing Akazora, a collection of 15 condominiums in middle Hirafu Village.”

Niseko Resort Group also offers a guaranteed yield of 7 per cent for two years, 24-hour concierge service and on-demand shuttle bus service in winter.