AT A time when record property prices are making headlines here, some Singaporeans are splurging millions in Japan, on freehold ski lodges and apartments in Niseko, a ski town in Hokkaido. Last December, Singaporeans snapped up 16 out of 23 apartments in one development within 1 1/2 months - for a total sum of US$20 million (S$27.5 million) to US$30 million. The Vale Niseko project houses 49 luxurious...
