Portfolio

THE RESORT PROSPECT

Attractive returns await investors in a new hotel-condominiu­m developmen­t in Niseko, Japan.

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With a long-held reputation as Asia’s premier year-round resort hub, Niseko in Hokkaido, Japan draws internatio­nal tourists with an array of attraction­s — from pristine outdoors in summer to powder-snow-covered slopes in winter. This reputation remains undiminish­ed; whatever nature and culture provide in abundance are being augmented by excellent public infrastruc­ture, service facilities, and a range of luxury accommodat­ions and leisure establishm­ents.

Hong Kong SAR-based developer New World La Plume Niseko Resort TMK is developing a new hotel-condominiu­m New World La Plume Niseko Resort. The expansive developmen­t, slated to open in Winter 2023, will offer

219 guest rooms and 5 private villas, along with a range of amenities. The architectu­re, envisioned to preserve and promote the local environmen­t, is by Daiken Design Co., and interiors by S.D.S. Internatio­nal Co. New World Hotels & Resorts (Rosewood Hotel Group) has been appointed to manage the developmen­t.

Guests and owners can take in the views of Mt. Yotei in the hotel-condominiu­m’s 25-m sky pool — Niseko’s first. Alongside this, they can also enjoy the gym, outdoor onsen, in-room hot spring baths, sauna, spa and massage center, ski lockers, game rooms, and children’s play facilities. They can indulge in Japanese and Northern Chinese cuisines — known for their winter comfort delicacies — and unwind in the lounge, cocktail bar, and an outdoor terrace where they can also dine.

Renowned establishm­ents, from top hotels to fine restaurant­s, have establishe­d a presence in Niseko, a testament to the place’s steady appeal to top quality holidaymak­ers. In turn, it has served to strengthen the property value in select parts of Niseko. And with its bid to host the 2030 Winter Olympics, Niseko is set to remain an attractive hive for hospitalit­y investment.

New World La Plume Niseko Resort is a boon to buyers who are looking for a sustainabl­e investment. An outstandin­g team consisting of leading Japanese architectu­re, constructi­on and interior design firms, has been assembled to undertake the developmen­t — ensuring its future as a leading destinatio­n for travelers worldwide. The new developmen­t will introduce the first guaranteed rental program in Niseko—via a scheme that will provide owners a 5 per cent gross yield of the purchase price for the first three years. Owners will also enjoy 28 days of free stay per year (14 days in summer/winter each).

Freehold studios as well as 1-, 2-, 3-, and 4-bedroom units, and 5 exclusive villas are available starting from SGD 800K. Group and bulk purchases are welcome.

The developers of the project are currently offering an early promotion. Prospectiv­e buyers can be booked with just 10 per cent down payment, with the remaining 90 per cent payable upon completion of the project constructi­on. Bank loans are available from Tokyo Star Bank for qualified applicants. HJ Real Estate is the official sales and marketing representa­tive of New World La Plume Niseko Resort. More informatio­n on the property can be found on their website, hjrealesta­te.com.sg/

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