Domestic and International Investors Seek Opportunities in Increasingly Connected, Expanding Property Market

TOKYO, May 31, 2023 - (ACN Newswire) - Organisers of the PropertyGuru Asia Property Awards have opened the call for entries for Greater Niseko at an opportune time for the world-renowned Japanese holiday property market.

The 5th PropertyGuru Asia Property Awards (Greater Niseko) is now open for entries until 15 September 2023

The 5th PropertyGuru Asia Property Awards (Greater Niseko) are now accepting entries ahead of their presentation on Friday, 8 December 2023. The awards will be announced on an international stage at The Athenee Hotel, a Luxury Collection Hotel, Bangkok in Thailand, where the best of the best in the region's real estate will gather to celebrate industry excellence. Submissions are accepted online via: https://asiapropertyawards.com/

The emergence of increasingly upscale communities and easy access for Asian tourists and second-home buyers continue to contribute to Niseko's ascent, according to research from Property Report by PropertyGuru, the official magazine of the Awards.

With significant infrastructure developments in the pipeline, including a bullet-train route from Tokyo and a new regional highway, as well as a bid to host the 2030 Winter Olympics, Greater Niseko is bound for greater prominence in the coming years. While foreign families and individual investors continue to be the primary property buyers in the area, Greater Niseko is seeing renewed interest from Japanese individual and corporate buyers, many of whom are increasingly drawn to the area's emerging enclaves.

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: "With its world-class hotels and hospitality projects, Greater Niseko continues to be a significant player in Asia's property landscape, capturing the attention of investors, as well as the judges for the PropertyGuru Asia Property Awards. As cross-border travel resumes in Japan, we eagerly anticipate the rebound of tourism in Greater Niseko, and are pleased to recognise and award the development and design firms that are revitalising one of the world's premier ski resort destinations."

Key dates for the 2023 edition:
15 September 2023 - Entries Close
2-13 October 2023 - Site Inspections
18 October 2023 - Final Judging
8 December 2023 - Gala Event and Awards Ceremony in Bangkok, Thailand
8 December 2023 - Regional Grand Final Gala Presentation in Bangkok, Thailand

The public are encouraged to submit their nominations before the deadline of entries on 15 September 2023 here: https://asiapropertyawards.com/nominations