Bank of China giving up to 95% loan, UOB 70% and OCBC 50% of valuation
[SINGAPORE] Buying property in Japan used to be the preserve of high-net-worth individuals, who would plonk down $1.5 million for a chalet - complete with outdoor hot tub - in Niseko, a popular Hokkaido ski resort, if only to indulge their love for skiing.
Abenomics sets stage for recovery and demand for real estate could rise too
SINCE Tokyo was selected to host the 2020 Olympics, Japan has been riding a wave of elation. The Nikkei rose 2.5 per cent following the announcement, with construction stocks being the notable beneficiaries.
The Olympics boost came just in time. One year after Prime Minister Shinzo Abe's Abenomics was introduced, Japan's economy is seeing a revitalisation after more than two decades of stagnation.
