Today's Japan Times documents increasing interest in Japanese property buy Mainland and Taiwanese Chinese buyers. The Chinese property market is fully-valued at the moment, so it is unsurprising that they should show interest. Interestingly, there is little sign that Chinese buyers are very discerning in their acquisitions, as most are inclined to buy high-priced Azubu apartments or ski resort accommodation in Hokkaido.
Many of the investors are buying for diversification, some so their students can study in Japan, and others for business or lifestyle purposes. Irrespective of their motives, clearly there is a growing demand for foreign property from Chinese buyers, and countries like Japan, the USA and the Philippines will feature highly. I would however draw their attention to foreclosed property, which trades at a significant discount to the private property market.
See the Japan Times article here.
NZ Property Guide Philippine Real Estate Guide Japan Foreclosed Guide