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Tokyo 23 Wards Foreign Buyer Ratio Rises, Taiwan Buyers Dominate

According to a survey by Japan's Ministry of Land, Infrastructure, Transport and Tourism, in the first half of 2025, overseas residents' purchase of new apartments in Tokyo's 23 wards accounted for 3.5%, more than double the same period last year.

Among this, Taiwan buyers accounted for 62%, far exceeding China (20%) and the United States (14%). This trend reflects Taiwan investors' continued attention to Japan's real estate market.

Tokyo's core area property prices continue to rise, attracting many overseas investors. New apartment projects in core locations such as Minato Ward and Chiyoda Ward are particularly favored by overseas buyers.

Expert analysis believes that yen depreciation, Japan's relatively stable real estate investment returns, and relatively lenient property purchase policies are the main reasons attracting overseas investors.

Data source: news.creaders.net

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