Our latest research suggests that 2020 will be a year of recovery for the Prime Central London sales market.

The Prime Central London sales market picked up at the end of 2019 as the General Election result injected positivity and a more certain outlook. Looking forward, the rise in turnover witnessed in Q4 should follow into Q1, with a stronger rally in transactions as more buyers and sellers return to a more liberated market.

The Prime Central London lettings market is facing an acute shortage of properties to let, which has led to the highest rate of annual rental growth for over seven years. 2020 could be a year of mixed fortunes for the lettings market. Greater political certainty is likely to bolster rental demand. Nevertheless, the improved performance of the sales market may draw away some lettings demand.

Want the full picture on Prime Central London’s sales and lettings markets? Download the report here for a look at what happened in Q4 and what’s to come:

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28 Feb 2020

As the UK's high-speed rail network gets the green light, HS2 station areas are in the spotlight for property investment

 

After years of concern over inflating costs and timelines, the UK's proposed high-speed rail system HS2 has been given the go-ahead by Prime Minister Boris Johnson to begin construction. While not without its controversy, the rail link will significantly shorten journey times between London and major cities in the Midlands and the North. It's also expected to create thousands of jobs and to help balance the UK economy.

Of special interest to local and overseas property investors, anticipation for the forthcoming rail service has already had an effect on house prices for property near HS2 stations, and it's only just beginning. As the first stage of HS2 approaches completion within the decade, rising demand is expected to drive long-term growth in house prices along the route, creating a 'HS2 effect' in these areas similar to the observed Crossrail effect.

 

What is HS2?

Traveling at speeds up to 250mph, High Speed 2 (HS2) will shorten journeys from London to Birmingham from one hour and 21 minutes at present to just 52 minutes, according to the Department for Transport (DfT). At Birmingham, the route will split in two to reach the 'Northern powerhouse' cities of Manchester and Leeds. HS2 trains will then continue as far as Edinburgh and Glasgow in Scotland, using existing lines.

As well as improving travel times, HS2 will triple the capacity of trains all along the route. The trains will be more than 1,300 feet (400 meters) long, with up to 1,100 seats per train and departures up to 14 times per hour. Originally scheduled to begin service in 2026, the first phase between London and Birmingham is now expected to open between 2028 and 2031, followed by the second phase between 2035 and 2040.

 

Economic impact

Along with the delays, increasing cost estimates have made HS2 divisive, its budget now exceeding £55 billion. However, developers HS2 Ltd claim that every £1 invested in the project will yield £2.30 in benefits to the British economy. The high-speed, high-capacity rail system was influenced by the successful model of the Shinkansen in Japan, and UK cities along the network are expected to benefit in a similar way.

HS2 will close the gaps between city markets, businesses and skills and draw significant investment to station areas. Ever since HS2 was announced, commercial and residential development has broken records in Birmingham, Manchester and Leeds, with Birmingham being chosen as the new headquarters of big names such as HSBC partly on the promise of HS2.

 

 

Property markets

With the opening of HS2 still being many years away, and the UK economy recovering from Brexit uncertainty, it's not yet possible to forecast price growth for property near HS2 stations, but previous infrastructure projects can be a useful guide for investors.

The most relevant example is Crossrail, the high-speed rail service connecting stations across London and South East England. London property near Crossrail has increased in value by 30 percent on average, according to Jones Lang LaSalle (JLL), even with the service still more than a year away from opening. Property in HS2 locations is already showing signs of above-average capital growth, with the majority still to come.

As the only transport interchange serving both Crossrail and HS2, once both services are up and running, London's Old Oak Common station area offers a unique opportunity for property investors to capitalize on the high demand for well-connected property in London. The new £26 billion 'super hub' interchange will be the focal point of the UK's largest regeneration area, which will include up to 40,000 new homes, retail and commercial spaces and university campuses.

 

Among the new residential developments currently under construction near to Old Oak Common Crossrail and HS2 stations are Regency Heights, a collection of studios and one, two and three-bedroom apartments and One West Point, offering 378 residential units and inclusive amenities. Both developments are estimated to complete by Q4 2021, with units now available for overseas buyers who want to experience the HS2 effect first hand.

 

For further information, contact JLL International Residential directly at +65 9671 9583 or internationalresi@ap.jll.com

11 May 2020

Traditionally, Germany has not been a priority market for Singaporean overseas property investors. Most Singaporeans usually look at the UK, Australia and the US when it comes to purchasing a second home or an investment property overseas.

However, in the space of the last few years, more and more discerning investors have been increasingly looking at other countries such as Germany, as they look to diversify their property portfolios and mitigate risk.

 

With the current uncertainties in the world, such as the sentiments around Brexit and the ongoing trade issues between the US and China, many investors in Asia are naturally looking towards less volatile, safe haven markets to invest in.

 

  • ✔ Germany has the largest and most stable economy in Europe accounting for 20% GDP of the EU, and fundamentally provides an exciting backdrop for real estate investment.

 

  • ✔ Germany is one of most politically stable countries in the world, with a strong government that aims to promote continuity, stability and sustained growth in the country.

 

  • ✔ Germany has a well-established housing market which offers attractive returns with lower risks. A PricewaterhouseCoopers (PwC) survey titled ‘Emerging Trends in Real Estate Europe 2018’ named the German capital, Berlin, as ‘the most desirable city by investors’ for the fourth consecutive year.

 

  • ✔ Along with Berlin, three other German cities - Frankfurt, Hamburg and Munich - were ranked within the top ten most desirable cities in the world to live in.

 

So let's have a closer look at why Germany is probably one of the most attractive places in Europe to consider investing in right now!

 

Is it a safe investment?

With the highest GDP and the largest population in Europe, Germany boasts a well-established market with a diverse, highly developed economic, cultural and social framework.

The ‘Made in Germany’ label is well-known for the highest quality. Together with the US and China, Germany is one of the world’s top three exporting countries, making it a favourite destination for international investors. And, because of its progressive educational, work and social policies, Germany has one of the lowest unemployment rates in the world.

Property values in Berlin have increased over the past 18 months, generating €9 billion in property deals in the first three quarters of 2017 alone, making this country Europe’s second most active market after London.

Why has there been a recent increase in interest in properties in Germany? There are many reasons, including the current political and social changes that are now sweeping across Europe.

 

Is the growth sustainable?

There is usually a shortage of suitable properties in Germany. Germany’s strict housing policies only allow a limited number of new-build constructions each year, contributing to the restriction of the housing supply. This prevents speculative developments, like in many other areas around the world, which tend to drive prices downward.

Although there has been a dramatic increase in property purchase prices and rental rates, especially in cities like Berlin, industry watchers believe that this growth is sustainable due to good management practices in place, as well as a strong focus on the renovation of existing properties.

 

What about urban infrastructure?

With a high number of established, historic cities and urban areas - more than 70 German cities have more than 100,000 inhabitants each - the country has a great infrastructure, an important consideration when it comes to the attractiveness of a location.

German cities offer a holistic mix of residential and commercial areas, pleasant public spaces and highly efficient transport, resulting in a quality of life that is one of the best and safest in the world.

The search for a good work-play balance is shaping many cities and urban areas in Europe. The boundaries between work and lifestyle are increasingly overlapping, but German cities are well-poised to embrace these changes for future generations.

 

 

Can my kids study in German universities for free?

Buying an overseas property is both a great investment and a way to provide the comforts of home to children studying in university. German people believe education should be free. Therefore, many public universities in Germany offer tuition-free university education for both domestic and international students. More and more Singaporean parents are choosing to send their children to study in German universities, which are ranked as some of the best and most prestigious in the world.

For example, Munich’s Ludwig Maximilian University, founded in 1472, is one of Europe’s best research universities, with 34 Nobel laureates associated with it. In Heidelberg, the University of Heidelberg has been associated with at least 33 Nobel prize winners, and is one of the most popular universities in Germany for foreign students. It has a student population from at least 130 countries worldwide.

Its progressive educational policies and quality vocational training has resulted in Germany having one of the lowest unemployment rates in Europe and the world, as well as having a highly skilled workforce that will continue to drive its vibrant economy.

 

How about long term visas for non-EU nationals?

To further drive the German economy, the German Residence Act allows qualified foreign investors and entrepreneurs to obtain long-term ‘D’ visas and temporary two- or three-year visas, which can be prolonged into permanent residence status with a minimum investment of €200,000 to 250,000 (2017) in the country.

Family members of visa holders also get residency status in Germany, and can also qualify for German citizenship after eight years’ residency in the country.  Germany is also a member of the EU, which allows its citizens and residents free trade and passport-free movement between its 28 member states.

Thus, buying in a property in Germany is not only one of the best investment decisions a Singaporean investor can make in terms of long-term returns, but it also opens up the doors  for you and your children to be able to live and work freely in any country in Europe as well!

So as you can see, there are many reasons to invest in German properties right now. Where do you start? As with any investment, the best approach is to do your research, and get as much relevant information as possible before you make any decisions. Read our Investment Guide or talk to a real estate professional who specialises in overseas property investments, and they can guide you in making the best decisions for yourself and your family.

 

View investment properties in Germany

Schedule a meeting with our real estate agent here

 

 

For further information please contact JLL International Residential directly at +65 6220 3888 or internationalresi@ap.jll.com 

05 Jun 2020

Home to the Scottish Enlightenment during the 18th Century, Edinburgh is one of the most beautiful cities in the British Isles.

 

Its architecture includes a jumble of medieval tenements along the Royal Mile, as well as neoclassical facades that characterise its New Town section. The entire city is crowned by the craggy Castle Rock where Edinburgh Castle overlooks the sprawling historic city.

Today, the city is attracting more than the usual arts festival attendees and throngs of tourists.

In the wake of uncertainty caused by Brexit and the flat growth of property prices in Central London, investors are turning to up and coming hotspots in other UK cities such as Edinburgh.

 

Location

Edinburgh has long been a centre of education, particularly in the fields of medicine, law, literature, and engineering.

The University of Edinburgh is one of the most prestigious academic institutions in the UK and was ranked 20th worldwide in the 2020 QS World University Rankings.

Close to 32% of the student population are international students, and the top five overseas nationalities represented are China, the USA, Germany, Canada, and Italy.

Singaporean students make up the 14th largest international student population.

Edinburgh is also the second-largest financial centre in the United Kingdom after London.

The cultural city is also the second most popular tourist destination in the country, attracting on average more than 1.75 million overseas visitors over the last three years.

The city has long been touted as a highly desirable place to live, especially given its low crime rate, vibrant financial services sector, and top-notch health care.

The city also prides itself in the provision of green spaces, which cover close to 28% of the urban landscape.

 

 

Rejuvenation

Meanwhile, a major rejuvenation project called Edinburgh St James is occurring in the Edinburgh’s East End.

The £850 million project is developed by Nuveen Real Estate and is set to open in phases from 2Q 2020.

Spanning 1.7 million sq ft, Edinburgh St James will comprise 850,000 sq ft of new retail space, up to 30 F&B businesses, a cinema and a 244-room W Hotel.

There will also be a residential component with 152 premium apartment units.

Multrees Walk, the gateway to Edinburgh St James, houses designer brands such as Burberry, Louis Vuitton, and Max Mara, as well as the iconic luxury British department store Harvey Nichols.

More than 80 of the world’s best retail brands from boutique to designer names will also be found at Edinburgh St James.

The landmark development is also attracting new retail stores such as New Look, Hackett, Next, Bershka, Stradivarious, and Waitrose. Fashion giant Zara is also set to open a new regional flagship store there, while Mango will open its first-ever outlet in the city.

The mixed-use development is expected to turn that side of the city into a new retail and tourist hotspot, and will likely have knock-on benefits to surrounding areas such as Princes and George Streets, the Royal Mile, and other nearby parts of the city.

 

 

Demand

The high liveability of the city also means that housing in the city is in high demand, especially given the relatively high portion of young people living in the city.

According to a research paper by Jones Lang Lasalle published in Feb 2019, a third of Edinburgh’s population is aged 15 to 34, compared to 25% across the UK.

In addition, close to 11% of the city’s population work in typically higher-earning financial and insurance sectors. Meanwhile, average household incomes are higher than the UK average, with 55% of Edinburgh households earning above £40,000 per annum, compared to 45% of households across the UK.

Students, young professionals, families, and retirees all contribute to the overall rental demand and the diverse profile of renters makes the city all the more appealing to investors.

JLL notes that a quarter of homes in Edinburgh are privately rented compared to the UK average of 16%. The vast majority of rental stock in Edinburgh is also owned by buy-to-let investors.

 

Sale Price

Last year, the average sale price of a typical two-bedroom unit in a new development in Edinburgh’s city centre was £285,000, which translates to an increase of 2.5% y-o-y.

In terms of rents so far this year, a similar unit type in a new development commands close to £1,000 per calendar month (pcm), which reflects an increase of 3.1% y-o-y.

On the back of a critical shortfall in housing supply, JLL expects Edinburgh to be one of the top-performing residential markets in the United Kingdom over the next five years.

This year, only two new schemes are expected to be completed. They are Artisan Real Estate Investors’ 244-unit New Waverley and Campus Development Management’s 32-unit King’s Quarter.

 

 

Buy to Rent

But JLL notes that there is a lack of purpose-built private rental stock in the residential development pipeline, especially given the high proportion of renters in the city.

For now, the planning pipeline only features two new purpose-built rental schemes totalling 780 units.

They are Moda/Apache’s 337-unit Springside and EDI’s 434-unit India Quay scheme. Both schemes have received planning permission but neither site has begun development yet. The lack of modern, purpose-built new developments means that discerning renters looking for high-quality rental apartments are underserved.

Thus, JLL expects the average price and the average rental growth in Edinburgh to increase by 3.1% per annum, well above the UK-wide forecast of 2.2% per annum price growth and 2.4% per annum rental growth.

 

For more information on investing in Edinburgh, please contact JLL International Residential
at +65 9671 9583 or internationalresi@ap.jll.com

 

Research: Scotland Residential Forecast Feb 2019

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14 Sep 2020

One of the fastest-growing cities of Western Japan, Fukuoka is home to Japan’s youngest demographic. With rising prices of real estate and high demand for rentals, its local property market is attracting investors from various parts of the world.

 

The capital city of Fukuoka Prefecture, it sits on the northern shore of the Japanese island of Kyushu as the business hub of Asia.

Globally, Fukuoka is the second home to Fortune 500 companies, after Beijing.

The city draws students and young entrepreneurs from worldwide because of its good educational facilities. uniRank, published the 2019 University Ranking of 30 recognised higher-education institutions in Fukuoka. The city closely follows Tokyo, Kyoto and Osaka in numbers of higher educational institutions.

Source: Fukuoka Asian Urban Research Center (URC)

 

Do the agile demographics of the city make it dynamic? The growing culture of start-ups and sharing economy are the answer.

According to the Information & Strategy Office of the Fukuoka Asian Urban Research Centre’s Annual publication, “Fukuoka Growth”, Fukuoka occupies only a small share of the area and population nationwide, but larger shares in many of the other indicators.

No wonder, international companies like Airbnb and Beijing Mobike Technology Co. Ltd. used Fukuoka as their test bed when entering Japan years ago.

Today, Fukuoka trails only Tokyo and Osaka in having the highest number of Airbnbs in the city. Also, the shared-cycle concept has become the most popular mode of transport in the city – which is also due to the city’s cycle-friendly environment.

Another survey in the Fukuoka Growth speaks about the city’s lifestyle, as about 96% of residents admitted they like Fukuoka, 95% found it highly liveable and 93% wanted to continue staying there.

Source: The Information & Strategy Office – Fukuoka Urban Research Centre

 

In 2012, the government declared this dynamic city as the “start-up city” and then designated it as a “National Strategic Zone for Global Startups and Job Creations” in 2014. Tapping the potential of start-up growth, it also introduced a business subsidy. In 2015, the start-up rate in Fukuoka was more than 7%, which was 1% more than that of the national average.

What followed was the offer of “start-up visa” encouraging foreign nationals and “start-up tax reduction” targeting innovative businesses in the medical and advanced IT sector. All these were the first-ever trials in Japan.

 

The major growth driver of the city is its upwardly mobile youth.

“Fukuoka’s population is increasing, especially youngsters who rent as well as purchase condominiums. At the same time, minimum wages are also rising on an average by 3% over the last three years as compared to about 1% from 2009 to 2012”, says Kentaro Sato, Director of International Residential at JLL.

 

In addition, Japanese law permits students to earn while they study which increases their purchasing power. According to JLL, the general trend in Fukuoka is that its residents utilise about 80% of their disposable income, which is the seventh highest in Japan.

Due to this demand and the purchasing power, rental yields on investment are high.

 

Source: Night view of Fukuoka by Suhyeon Choi , Unsplash

 

Fukuoka’s dynamics also attract foreign nationals. The share of foreign nationals entering Fukuoka city is prominently high at 11%. According to Fukuoka Growth, every fiftieth resident in the city of 1,600,000, is a foreigner.

Many of these expatriates come to Fukuoka for education and then decide to continue staying there due to city’s active lifestyle and opportunities. The increase in foreigners staying in Fukuoka city over the long term contributes to the increase of the population as well as gross city production.

Many foreign buyers are also investing in properties here. The city facilitates real estate investment further with its relaxed rules. You don’t need citizenship or a residency permit. Furthermore, the city offers easy visa restrictions, convenient local and international transport connections, and investor-friendly regulations.

 

The International Monetary Fund has also projected the nation to be ranked number three in the world for the highest GDP in 2019-2020.

Today, the city’s growth has left behind the whole country in various indicators. The Japan-based Nomura Research Institute has ranked Fukuoka the number one city with the highest growth potential among 100 domestic cities. 

 

Some indicators (2010 – 2016)

 

Fukuoka

                  Japan

Foreign residents

34.80%

11.70 %     (MOJ Immigration Bureau)

Imports

24.40%

8.70%         (MOJ Ministry of Trade)

Exports

20.50%

3.90 %        (MOJ Ministry of Trade)

Foreign entrees

238.40%

145.90%    (MOJ Immigration Control Statistics)

 

      

Fukuoka market shows positive sentiments

Considering its strong economic status, investing in the Fukuoka is attractive.

To cap it all, the Fukuoka rental market shows positive trends.

According to JLL research, over 60% of the population lives in rented properties. Constantly rising demand has increased rental rates as well as property prices. This is also because the residential and office rents are about 50% cheaper than Tokyo hence high in demand.

According to the letting and management consultants, Miyoshi Real Estate Co., Ltd., the vacancy rate for the units that they manage in Fukuoka is approximately 3%.

This has been a phenomenal time for new lease agreements. Living proof of this is the eight new buildings under construction in Fukuoka all of which are almost fully occupied.

However, currently, the centre for all attention in Fukuoka is the “Tenjin Big Bang” project.

Located in the heart of the city, the project’s objective is the city’s revitalisation. Backed by authorities, the project offers various benefits and a relaxation of regulations. The project is expected to play a key role in the development of the surrounding areas.

The cherry on the cake is the recent government’s Inns and Hotels Act for vacation rentals. This law allows people to open their homes for business opportunities.

The Parkhouse Fukuoka Towers

The other attraction is the development of The Parkhouse Fukuoka Towers East and West – one of the largest complexes in Kyushu occupying an area of 54,000 square metres.

The East Tower houses 292 residential units and is situated next door to an expansive shopping mall, Mark Is Fukuoka Momochi, having 163 shops, restaurants, and a movie theatre.

 

Photo: Mark IS Fukuoka Momochi, CGI rendition

 

Photos: The ParkHouse Fukuoka Towers , CGI rendition

Invest in Japan's Fastest Growing City - Fukuoka

Find out more at our launch!

 

To know more in detail about investment opportunities in Fukuoka, you can attend our event on September 7 and 8 at Hilton Singapore. We will also have a seminar on how the young Mayor’s urban and economic development plans are making Fukuoka one of the fastest growing cities in Japan.

 

RSVP here

For any further information, contact JLL International Residential directly at +65 9671 9583/ +65 6220 3888 or write to internationalresi@ap.jll.com.

                                     

11 Feb 2020

In our recent report we discover how Canary Wharf is transforming from a primarily financial hub into a vibrant Central London mixed use neighbourhood.

 

Crossrail will make a huge difference once it is fully operational and will make Canary Wharf more accessible and better connected than ever before.

 

There are plenty of new developments under construction to cater for the first wave of new residents keen to take advantage of the enhanced connectivity, while the planning pipeline is ready for the next wave of Canary Wharf occupants. Many of the new inhabitants will be renters, such is the scale of multifamily development.

 

The volume of new development over the next 5–10 years will mark a step change for Canary Wharf as a residential location.

 

We expect price and rental growth in Canary Wharf to be strong and higher than the Central London average over the next five years. The opening of Crossrail together with a wealth of residential developments and an influx of new residents will be the key drivers of this out performance.

 

 

Want the full picture? Download the report here:

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19 Jul 2019

The Marylebone & Fitzrovia area is undergoing transformational change. Crossrail is the current catalyst, facilitating and inspiring new public spaces, superior connectivity, improved infrastructure and new buildings.

 

The Marylebone & Fitzrovia area has changed dramatically over the past 20 years. Commercial and residential development is playing a central role, bringing a heightened profile of the area and attracting new and exciting retail and office tenants. Meanwhile, large residential developments such as Rathbone Square, along with several smaller, boutique schemes, are providing an array of modern apartments to cater for the area’s devoted residents as well as helping to attract a new contingent of Marylebone & Fitzrovia inhabitant.

 

 

Want the full picture? Download the report here.

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14 Sep 2020

A gentle downhill run under sparkling blue skies, while the kids get one last snowboarding adventure in before lunch?

Maybe you prefer a little après-ski, kicking back with friends and enjoying a cocktail in one of the cosy bars or ski lodges after a long day out on the slopes?

Or is a round of golf or a day out cycling, fishing or horse-riding in the Hokkaido countryside in the warmer months more your style?

Most Singaporeans familiar with Japan probably know of the ski resort of Niseko but you may not be so familiar with all the year-round attractions it has to offer; or with the growing opportunities to invest and capitalise on the thriving tourist market there.

 

A booming year-round resort town with a perfect snow profile

The town of Niseko sits in the shadow of the iconic Mount Yotei, sometimes called the “Mount Fuji of Hokkaido” on account of its almost perfect conical shape.

It is a two-hour drive south-west of Sapporo, the main city in Hokkaido, Japan’s north island.

Its “fixed” population is rather small - just a few thousand - but tourist numbers have swelled the annual numbers by hundreds of thousands (and growing) for many years now.

On the radars of skiers and snowboarders the world over, Niseko is well-known for high volumes of its fine powder snow (a whopping average of 14 metres of the stuff per season!) and world-class facilities.

It’s been featured in the world’s Top 10 ski resorts many times this millennium and is well established as a first-class, global ski resort. It’s certainly one of the leaders in the Asia Pacific region when it comes to winter sports.

In fact, it’s sometimes labelled the “Aspen of Asia”; or the “St. Moritz of Asia” if we’re going even more upmarket.

 

Anne-Marie Sage, regional director of International Residential Asia Pacific at Jones Lang LaSalle, says:

“With facilities on par with the world's most famous ski resorts, rivalling Whistler, Aspen and the Swiss Alps, Niseko has become the playground for well-heeled Asian travellers. It's popular for many reasons, including its proximity and identical time zone.”

 

It may surprise you, however, that in 2017 the summer season accounted for nearly half (48 percent) of the total yearly visitors.

The “green season” as it’s known, from May to October is now challenging the “white season” (November to April) for occupation rates.

That’s music to the ears of Niseko property investors.

 

Why is Niseko property in such high demand?

Japan is the world’s third largest economy and is gearing up to host the Rugby World Cup later this year and the Olympics in 2020. It has recently made its policies more favourable to foreign investment and tourism.

In fact, it welcomed a record number of foreign tourists in 2018 (31 million), many of these repeat visitors. Japan hopes to hit 40 million arrivals by the end of 2020 and 60 million by 2030!

Compare that with 13.4 million visitors in 2014.

Niseko has benefited from this and from Hokkaido’s growing reputation as a holiday destination with a difference.

Hokkaido’s total international visitor numbers in 2017 topped six million for the first time; Niseko attracted around 10 percent of these visitors.

The shinkansen (bullet train) extension to Hakodate in 2016 means that Sapporo can be accessed from Tokyo in four hours now.

Plans to extend the line again to Niseko and Sapporo by 2031 is more good news for the area and, if Sapporo wins the 2026 Winter Olympics bid, there’s a chance this date could be brought forward.

A new highway is also being constructed, connecting Sapporo to the Niseko area. This will cut driving time from two hours to one hour 15 minutes.

Other infrastructure projects are testament to an increasing spotlight falling on the Sapporo-Niseko area.

Direct flights from almost 20 different destinations have also helped the cause.

Eight cities in mainland China now fly direct to Hokkaido and the recent announcement of direct flights from Sydney and Helsinki to Sapporo point to the growing worldwide profile of the area.

 

 

The region of course benefits greatly from its proximity to the population hubs of Asia; in particular China, South Korea, Taiwan, Hong Kong, Thailand, and Singapore, which account for the highest number of foreign tourists.

And with these growing tourist numbers, so the demand for accommodation has increased.

Since 2011, the number of accumulated accommodation guests in Niseko has grown by a healthy compound annual growth rate (CAGR) of 23.5 percent, making it one of the fastest-growing tourist destination in Japan.

This has provided a huge boost to the hotel industry, with luxury hotel brands like Park Hyatt, Hilton, and Ritz Carlton already established or involved in developments there, along with many other local and international chains.

Led by hospitality, the residential real estate market has also received a significant boost, especially in the $500,000 - $1.2 million bracket.

And the trend is set to increase, with the Japanese tourism authorities encouraging international tourists to venture far beyond the traditional routes.

This all makes Niseko a very attractive proposition for Singaporeans looking for investment opportunities.

Properties offering affordable, stylish alpine homes like Snow Dog Village, which opened its doors in 2017, provide an opportunity to claim a part of one of the most attractive year-round resorts in East Asia.

Such properties can become a holiday “home from home” for many years and also provide handsome rental returns…

 

Photo: Snow Dog Village, Niseko

 

Projected returns on Niseko properties

As well as its growing reputation and convenience of access, Niseko has benefited from the freehold ownership policy of the Japanese government (unlike many countries in Asia), as well as a lower Japanese Yen and high capital gains. 

And, with occupation rates for Niseko properties so encouraging, investors can expect very health returns.

For instance, the projected returns on one bed and studios for the aforementioned Snow Dog Village in 2018/2019 are 3.1 to 4.2 percent per annum. For two bedroom apartments, the returns are projected to be 5.3 percent.

 

Source: www.snowdogvillage.com

 

Since 2011, prices in Niseko have risen 10 percent per year and yields have consistently been in the three percent to six percent bracket.

The average selling price of condominiums grew 12.5 percent in 2017 and the built-up price for condos in Niseko has soared 25 percent in a single year. 

In Kutchan, a small town near Niseko, commercial land rose 36 percent and residential land prices rose by 33 percent.

 

Time to grab a piece of this jewel?

There’s never been a better time to invest in Japan - and Niseko is the jewel in the crown of the north island of Hokkaido.

As the established ski resort matures into a year-round attraction and a gateway to much of what Hokkaido offers summer travellers too, the upward trends in tourism and property are showing signs of gathering pace.

We should see the Japanese government’s investment in the extension of the shinkansen as a particularly positive sign that this is an expanding area.

Clearly, there’s a window of opportunity here for canny Singaporean investors to put their name on a piece of this jewel.

However, bear in mind that investing in Japan is still investing in a foreign country. This creates some unique challenges that most Singaporean investors will need professional advice on before committing.

 

For more details about this investment opportunity, you may attend JLL's seminar in Singapore or contact JLL International Residential directly at +65 6220 3888 / internationalresi@ap.jll.com.

 

Details:

Property Seminar: The Evolution of a Ski Market. Niseko, Hokkaido Residential Market Update

27th -28th April 2019 (Saturday & Sunday), 4.30 pm daily

RSVP NOW

 

23 Apr 2019

In recent years Scotland’s major cities have established themselves as stand out performers in terms of residential investment and development. Edinburgh, and to a lesser extent Glasgow, have seen above average house price growth in the face of significant supply shortfalls.

 

However, Scotland has faced political uncertainty since 2014 through the Scottish independence referendum and then Brexit. Remain has been the prevailing vote in both referendums with 62% of Scotland voting to stay in the EU - more than any other region in the UK.

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26 Nov 2019

For first-time buyers and seasoned investors, there’s no better place to grow your portfolio than East London.

In fact, a recent poll from Simply Business shows 37% of landlords vote East London as the best place for buy-to-let property.

What makes East London a must-see for property investors?

 

One key factor is the active regeneration zones in key areas around East London.

Stratford, for example, enjoys a 4.5% rental yield, thanks to the regeneration efforts before the 2012 Olympics.

In Bow Creek, the average property price has increased by 49% over the last 6 years as per the Land Registry figures.

Additionally, regenerations over at Royal Docks, Silvertown Quays, and Queen Elizabeth Olympic Park are set to generate over 70,000 new jobs.

Leading universities will also bring a boost to the student population and rental demand in the region.

UCL will open a new campus at the Queen Elizabeth Olympic Park while The London College of Fashion will bring 5,500 students and over 500 staff members.

Another factor is the completion of the Elizabeth Line – a high-speed railway that runs through central and east London.

This service is capable of decongesting busy stations while cutting the journey time to the Capital in half.  As the opening of this line drew closer, expect a rise in rental prices around the area.

These developments offer strong capital growth and long-term income opportunities for local and overseas investors.

And one of the most appealing properties right now is Three Waters from property developer Mount Anvil.

 

Waterside Lifestyle Combined With City-Centre Living

 

Three Waters is composed of three new buildings situated above the meeting point of the River Lea, Bow Creek, and the Limehouse Cut.

 

 

The development welcomes residents to a multitude of activities like kayaking and paddle boarding.

The nearby Lea River Park allows for weekend exploration including jogging and cycling.

Then there’s the Lee Valley Regional Park – UK’s largest urban park for 100 years. The park has playgrounds, gardens, and cycling trails for residents and tourists to enjoy.

Three Waters features an excellent network of connectivity to nearby stations.

The Tube and the Docklands Light Railway station are less than 10 minutes away from the property.

Commuters can reach Stratford in 5 minutes, the London City Airport in 19, and the City and nearby Canary Wharf in less than 15.

The famous Elizabeth Line is only 16 minutes away from the building. This service takes you to destinations around the City faster than before.

Bond Street, just 21 minutes away from Bromley-by-Bow Station, is famous for big brands, designer stores, art galleries, and antique dealers.

Further up north is King’s Cross and St. Pancras International which provide connections across London and direct trains to Europe.

 

Three Waters comes with a raised communal garden, roof terrace, and private balconies in all apartments. These facilities guarantee that all residents can enjoy a majestic view of the water and the City.

Residents will have access to a 24-hour concierge, a screening room, waterside cafes, cycle racks, and secured ground floor parking.

All apartments will benefit from a 10-year NHBC Buildmark Warranty.

This warranty protects landowners for 10 years against structural defects like roof and foundation failures.

 

 

The estimated completion date for Three Waters is on Q1 of 2022. But overseas buyers are now welcome to check out its available units as early as this year.

For further information please contact JLL International Residential directly at +65 6220 3888 or internationalresi@ap.jll.com 

 

 

Download Brochure  Download Lower Lea Valley Investment Guide
 

 

 

18 Aug 2020