62% of Tokyo new mansion buyers Taiwanese. 62% (192 cases) of the 308 overseas acquisitions in Tokyo’s 23 wards were by Taiwanese, far surpassing those from China (63 cases) and the United States (43 cases).
This trend is attributed to Taiwanese individuals, feeling security concerns amid heightened military threats from China, seizing the opportunity presented by the weak yen to invest in Japanese real estate.
I think also partially attributable to Taiwan government second/third/additional home ownership regulations changes.