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Agents say buyers are particularly attracted to Osaka, where the next World Expo will be hosted in 2025 and a multibillion casino resort is scheduled to open in 2029.

“The coming integrated resort is a real game changer,” said Mr Jason Lam, co-founder and managing director of Japan Hana Real Estate, which has offices in Hong Kong, Tokyo and Osaka.

https://www.straitstimes.com/business/si...resort-bet

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If you buy sure make money. It is whether you have the ability to pay in cash, full and last till before 2029.

But do note:
What is Japan's capital gains tax? Capital gains tax by non-residents is 30% if the property is sold in 5 years or earlier after purchase. It is then reduced by 15% if the property was owned for more than 5 years before selling.

Capital Gains Tax Rates

For properties that have been owned for less than 5 years:
The rate of capital gains tax is 30.6%
The rate of local inhabitant tax of 9%

For properties that have been owned for more than 5 years:
The rate of capital gains tax is 15.3%
The rate of local inhabitant tax is 5%

For properties owned by non-residents:
The rate of capital gains tax is 10.2%

If the purpose of the purchase of a property is residential and the total sales value does not exceed JPY100 million, withholding tax will not be included.
https://www.smejapan.com/japan-business-...%20selling.

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S$1 can become S$5-10.

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Japan is seen as a prized market for casino operators because of its affluent population of 126 million and proximity to Asia’s wealthy gamblers, although opinion polls have shown many citizens worry about addiction and crime.

U.S. casino operator MGM Resorts International and local partner Orix Corp. have spearheaded the Osaka IR project, with each owning a 40% stake in the company set up to manage the complex.

Another 20 companies including Osaka-based Panasonic, Kansai Electric Power and West Japan Railway hold the remaining 20% stake, according to a local government document.

MUFG Bank and Sumitomo Mitsui Banking Corp will provide 550 billion yen in project financing for the resort, the document showed.

The resort is targeting 520 billion yen of revenue annually, mostly from the gaming business, and forecasts it will attract 6 million international tourists and 14 million domestic visitors, the project document showed.

https://www.asahi.com/ajw/articles/14885495