According to analysts, new regulations implemented in Tokyo, Japan, since October 5, requiring all property buyers to declare their nationality, have sparked investor concerns and could curb foreign investment. Additionally, the Bank of Japan (BOJ) raised its benchmark interest rate to 1.25% last month, a 31-year high, which may also lead investors to reconsider the attractiveness of Japanese real estate. Analysts noted that while the new rules are currently only disclosure requirements and not restrictions, investors are worried this could be the first step towards more stringent measures in the future, similar to policies already implemented in Singapore or Canada.