Trotz des Eindrucks, dass die Chinesen viele Wohnungen in Tokio kaufen, ist die Gesamtzahl der Auslandsverkäufe gering und weitaus mehr werden von Taiwanern gekauft (192 gegenüber 30 von Januar bis Juni 2025). Die Taiwanesen befürchten eine Invasion Taiwans und Wohnungen in Tokio sind 40–50 % günstiger als in Taipeh

I mean, the end of the article explicitly says why purchases by Chinese appear so few:

“Savvy Chinese businessmen have been sending money overseas for a long time, and they often have bases in Japan. For example, if they purchase under the name of a company established with a Japanese representative, there’s no way to find out who the real buyer is,“ he said. It seems there are realities that aren’t revealed by government investigations alone.”

These numbers are massive, nearly 300 people total! Better ban purchases by foreigners soon or the other 30 million residents of Tokyo will be screwed.

The real thing here is shell companies. I know numerous Chinese and Singaporeans that own multiple properties across Japan. But they’re all owned by Japanese KK or gks etc and they have Japanese MDs. So on paper, Japanese, but money is exfilled out of country.

Read the full article.
Its very common Chinese buyers use Japanese address or company to buy, especially premium new built for a number of reasons