TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

How Asia’s Luxury Property Going From The Beach To The Mountains

Category: Hotels, Posted:25 Jul 2019 | 16:42 pm

Asia’s leading alpine resort destination Niseko is igniting the imagination of both overseas, and a rising number of Japanese large-scale investors. Back of soaring property prices, a new tourism storyline is emerging, highlighted by the soon to open Park Hyatt Hanazono.

Digging into C9 Hotelworks new Niseko Tourism and Property Market Review, the incoming development pipeline includes the legendary ultra-luxury Aman brand in Moiwa, Ritz-Carlton Niseko Village and Pavilions Hirafu.

Researching  the alpine real estate sector this past high season by C9 revealed that pre-sales of condominiums topped USD1.3 billon and house and/or land plots edged close to a quarter of a billion USD. One clear sign of the times is a new entry from top Singapore property group SC Global with their mixed-use Setsu project on the main street of Hirafu.

Shifting tourism demand is demonstrated in three-year CAGR of 13% for Mainland Chinese with direct flights to the gateway New Chitose airport numbering eight. Overall the key airlift metric has seen the introduction of new international routes to Taiwan, Russia, Finland and the Philippines.

Going deeper into the marketplace Niesko has become Asia’s fastest appreciating resort real estate markets. We are seeing premium pricing levels in prime projects attain levels of USD15-20,000.00 per square meter. Alpine property is becoming more of an object of desire for high-net-worth Asian’s versus the legacy tropical pool villa asset class. In addition, we are seeing top-tier purchasers from Thailand, Vietnam and Malaysia now entering the transaction pool.

Moving towards 2020, C9’s forecast sees larger new hotel-type projects coming into the pipeline in areas such as Hirafu, Hanazono and Moiwa. In a growing sign of market maturation, the largely legacy of real estate condominium properties and stand-alone chalets looks to be challenged by bigger year-around full-service hotels.

To download C9 Hotelworks Niseko Tourism and Property Market Review click the following

https://www.c9hotelworks.com/downloads/niseko-market-update-2019-07.pdf

 

Other News

Read more

Bid Now. Only 8 Days Left For the PHAB Great Travel Auction

Category: Hotels, Posted:04 Jun 2024 | 07:52 am There are only 8 days left to bid on this year’s non-profit Phuket Hotels Association online charity travel auction. Amazing travel stays from London, Australia, Bali, Dubai, Paris, Maldives, and of course Phuket, Bangkok, and Koh Samui. There is even a vacation stay in Bhutan. All of the proceeds go to support the hospitality scholarship […]
Read more

Dusit Ties Up With Layan Verde Phuket Branded Residences

Category: Hotels|Real estate, Posted:26 May 2024 | 16:53 pm Thai hospitality group Dusit International has signed a deal with VillaCarte Group for their upcoming Layan Verde project in Bangtao Phuket. The agreement covers 633 units under two brands – Dusit Residences and a Dusit Collection Hotel. An opening is planned in 2027 with a key highlight being an EDGE environmental certificate. VillaCarte Group has […]
Read more

Koh Samui Gets New Daily Direct Flights From Singapore

Category: Tourism, Posted:14 May 2024 | 09:32 am In a major boost for Koh Samui tourism, Singapore’s Scoot Airlines has commenced daily flights. Currently, there is a daily flight, with a second flight expected to be added in June of this year. Scoot is a subsidiary of Singapore Airlines. The airline is using Embraer E190-E2 aircraft which accommodate 112 passengers on the route. […]
SiaJai logo

Thailand's Leading Homecare Marketplace