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Japan Commercial Land Prices Rise for First Time in 10 years

Japan Commercial Land Prices Rise for First Time in 10 years

Niseko area leads national residential price increases reflecting strong demand from foreign investors. Commercial land prices in Japan rose for the first time in 10 years this year as a boom in tourism boosted demand for new hotels and retail outlets, a government survey showed on Tuesday. The average price of commercial land increased 0.5 […]

Hokkaido to be location of Japan’s first casino?

Hokkaido to be location of Japan’s first casino?

Northern island deemed to be “the best location” for an IT (Integrated Resort). City officials of Tomakomai, Rusutsu and Kushiro used the opportunity of a public hearing held in Sapporo on Friday to push for the establishment of an IR in Japan’s northern island of Hokkaido. A prominent speaker, identified in the 北海道新聞, Hokkaidō Shinbun […]

Japan’s property market lures more Asia investors

Japan’s property market lures more Asia investors

With local prices up in the stratosphere, more investors from Singapore, Hong Kong and China are finding attractive opportunities in key cities in Japan, where they can own freehold land. Compared with buying property anywhere else in Asia, Japan offers possibly the easiest entry point for buyers, say property agents. Offshore buyers can own freehold […]

Japan Could Place Its Entire Property Registry on a Blockchain

Japan Could Place Its Entire Property Registry on a Blockchain

Bitcoin and cryptocurrencies are a hot topic at the moment, with cryptocoins seeing huge gains in value makaing headline news. Japan happens to be on the forefront of bitcoin adoption and the underlying blockchain technology. There’s already bitcoin ATMs at all major Japan airports, and many airlines accept bitcoin for payment. It’s no surprise then […]

Japan Releases Official Land Values for 2017

Japan Releases Official Land Values for 2017

Japan’s land prices polarized over convenience, tourism. The government has released its official land values for 2017, with figures indicating an increasing polarization between regional areas where population decline appears unstoppable and major cities where foreign tourists have been on the rise and urban redevelopment has provided an economic boost. Prices seem to be overheating […]