Overseas-based Tokyo condo buyers doubled in 2025 1st half: gov't survey

A survey of new condominium transactions in major metropolitan areas showed a rise in buyers with overseas addresses, with Tokyo seeing the share double to 3.0 percent in the January-June period of 2025, the land ministry said.Speculative purchases that drive up prices without actual demand are believed to exist, analysts said, prompting the government of Prime Minister Sanae Takaichi to consider countermeasures regardless of whether buyer addresses are in Japan or abroad.When limited to the six central Tokyo wards, including Chiyoda, which hosts the Imperial Palace, many government offices…READ FULL ARTICLE