International Insights, Global Perspective

In late November 2025, the Japanese government began discussing the addition of a 'buyer nationality' field in real estate registration records, drawing external attention. This system is currently in the discussion and legislative preparation stage, aiming to more precisely grasp the actual state of foreign property purchases, particularly the trends of overseas funds in new apartments in major cities like Tokyo. This article systematically organizes and analyzes the policy progress, institutional background, trends among foreign and Chinese buyers, and specific impacts on individual and corporate investors from China.

This issue organizes the latest trends in key markets such as Southeast Asia, Japan, and Dubai from four dimensions: price and transaction, rent and yield, changes in investor structure, and asset securitization and tokenization, and extracts observations of reference value for Chinese investors.