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Niseko Higashiyama Due Diligence

Site Area: 
190,870m²
Gross Built Area: 
76,348m²
Building Type: 
ski resort
Scope of Work: 
Adv - due diligence
Status: 
completed

An 11 ha property sits next to one of the three base areas of an international resort in Hokkaido. The new Australian owner requested a developability report as a reference to decide whether or not to proceed with development himself or sell it at a height of the market. The report included a detailed account of legal procedures and permits needed to build, a research on the competition in the region, sales price samples in the same market, in addition to a conceptual master plan for phased development of the given site. [development feasibility study for an int'l client]