Singaporean investors have shown interest in Osaka’s real estate sector.<\/p>\n\n\n\n\n\n\n\n
Japan.- The real estate market in Osaka, Japan, is seeing a surge in interest from Singaporean investors<\/strong>, drawn by a combination of factors such as a weaker yen and the potential for tourism-driven growth in the city with the upcoming development of an integrated resort<\/strong>.<\/p>\n\n\n\n International property agent FM Investment has reported a fivefold increase in inquiries since Japan reopened its borders in October, with Singapore accounting for about 70 per cent of 800 requests received between April and June, followed closely by Hong Kong.<\/p>\n\n\n\n Compared to Tokyo, investors find Osaka’s property prices more attractive. The demand for rental housing in Osaka from overseas buyers has increased by 3.5 times in the first half of this year compared to the same period in 2022.<\/p>\n\n\n\n Osaka\u2019s IR project is worth JPY1.08tn (US$8.38bn) and is backed by a consortium<\/a> that includes MGM Resorts International and Orix. MGM Resorts CEO Bill Hornbuckle <\/strong>has said that construction will commence late this year or early in 2024, with the resort to open in the first half of 2030<\/a>.<\/p>\n\n\n\n This venture aims to compete with other major gaming destinations in Asia, including in Macau, South Korea and Singapore. Authorities estimate it could attract 20 million visitors annually.\u00a0Japan has a long-term goal of 60 million foreign visitors per year by 2030. Osaka is also hosting the World Expo in 2025, which is expected to bolster tourism.<\/p>\n","protected":false},"excerpt":{"rendered":" Singaporean investors have shown interest in Osaka’s real estate sector.<\/p>\n","protected":false},"author":176,"featured_media":14550,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Singaporean investors are significantly increasing real estate investments in Osaka, Japan, driven by a favorable yen and anticipated tourism growth from the upcoming JPY1.08tn Integrated Resort (IR) project. This venture, backed by MGM Resorts International and Orix, is slated for a H1 2030 opening and aims to position Osaka as a major gaming destination, intensifying competition within the Asian gaming vertical. The influx of capital underscores confidence in Osaka's long-term economic and tourism prospects, further bolstered by the 2025 World Expo.","focusai_entities":"FM Investment, MGM Resorts International, Orix, Bill Hornbuckle","focusai_location":"Osaka, Japan, Singapore, Hong Kong, Macau, South Korea, Tokyo","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), compliance_legal (0.7), operator_casino (0.9), marketing_crm (0.7), payments_fraud_aml (0.7), investor_analyst (0.95), supplier_vendor (0.85), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Osaka IR's Competitive Edge?","query":"What specific competitive advantages will the Osaka IR leverage to differentiate itself from established gaming destinations in Macau, South Korea, and Singapore, particularly concerning GGR and NGR projections?"},{"label":"Regulatory Framework Impact?","query":"How might Japan's evolving regulatory compliance and governance frameworks for integrated resorts influence the operational strategies and long-term profitability of the Osaka IR consortium?"}],"footnotes":""},"categories":[157,16338],"tags":[23632],"class_list":["post-777007696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-integrated-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777007696"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007696\/revisions"}],"predecessor-version":[{"id":777007703,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007696\/revisions\/777007703"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/14550"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}