The National Tax Agency of Japan announced the "2024 Roadside Land Prices" on July 1. The report indicates that Japan's roadside land prices have increased for three consecutive years, reflecting the country's economic recovery from the pandemic.

Hong Kong real estate investors purchase property in Hokkaido, Japan for many reasons. Some buyers want vacation property in Niseko and access to the perfect powder snow. Other buyers are attracted to multi-unit rental properties in Sapporo that generate cash flow. As Hokkaido matures as a destination for business, the potential for strong returns and higher property values offers new incentives for Hong Kong investors.

Amidst the ratification of The Paris Agreement by 195 signatories, each state has begun its stride to achieve net-zero carbon emissions by 2050. This ambitious international commitment has placed increasing responsibility on corporations across a range of industries to contribute to this goal. According to the United Nations, the real estate industry currently accounts for 40% of global energy-related emissions. This staggering statistic underscores the critical need for the real estate sector to spearhead collective action in reducing carbon footprints.

Hong Kong investors, always on the lookout for innovative opportunities to diversify investment portfolios and potentially generate higher returns, are drawn to the concept of Real-World Asset (RWA) Tokenization amid the Web3 blockchain trend. Understanding this concept reveals new investment potential. Several companies have already tokenized various real assets, creating new opportunities in the market.

It was a privilege for PropCap to be recognised and interviewed by the Hong Kong Trade Development Council. It was an invaluable platform for us to communicate our vision, showcase our approach to mortgage solutions, and demonstrate our commitment to driving positive change in the industry. We are grateful for the chance to contribute to the dialogue on advancing the mortgage landscape in Hong Kong and beyond.

PropCap recently embarked on an exciting journey of expansion into a new country, marked by our participation in the prestigious Seamless Asia 2024 exhibition in Singapore. It was a thrilling experience to introduce our innovative match-lending platform for overseas mortgages to the Singapore market.

We are ecstatic to share that PropCap has been honoured with the prestigious ‘Rising Star’ in the ‘Best of Class TADS’ category at the TADS (Tokenized Assets & Digitised Securities Awards). This is an incredible affirmation of our journey in innovating the mortgage industry with tokenization, and we will continue to be restless in driving forward a new era of efficiency and flexibility for our clients.

Youth empowerment and engagement is collectively recognised by the PropCap team to serve paramount importance in shaping our ESG strategies for a more sustainable future. To foster new generations of talent that are nurtured with innovation and networking opportunities, we proudly participated in Cyberport and Home and Youth Affairs Bureau’s “Youth Start-up Internship Programme 2023”, playing a small but meaningful role.

It was with great honour for PropCap to receive an invitation to the 17th Asian Financial Forum, presenting us with the greatest opportunity to connect with fellow businesses and financial elites. We took great pride in sharing our pioneering business model that simultaneously encapsulated our values for sustainability.