Buyers from Taiwan, Hong Kong, Singapore and China can't get enough of Tokyo's real estate offerings as the weaker Yen makes the capital city a relatively cheaper option when compared with other international capitals.
Many buyers are purchasing an investment that will provide rental income.
A broker near Ikebukuro Station in Toshima-ku said they have noticed an increase in the number of buyers from other Asian countries, particularly Singapore and Hong Kong. The buyers have been keen purchasers in a recently completed high-rise condominium just a few minutes from Ikebukuro Station.