Do rich/ upper class japanese have vacation homes on the beach in the Philippines?

First of all, foreigners are not allowed to own land in the Philippines, so they’re pretty much restricted to condos. Even with my wife being a Filipina, I still have no legal rights to her properties. We had to get our kids dual citizenship just so they can inherit them. Rich Japanese probably wouldn’t vacation in the Philippines (they would go to Hawaii). This leaves Koreans and Chinese.
We have a timeshare in Clark and its full of vacationing eastern asians. There were some villas that were supposedly owned by Koreans, but I believe they were more “long-term leases”. Initially I thought the place was 30% Koreans, 10% Japanese, and 10% Chinese, and 5% other non-Filipinos. However, I visited the casinos and found large populations of Chinese so I would say the ratio is 25% korean, 20% chinese, 10% Japanese, and 5% other non Filipinos. I can differentiate the spoken languages as I speak mandarin, understand a few Chinese dialects,a little Japanese, and know what Korean sounds like.
I’m an American of Taiwanese decent, but I did pretend to be an American-Korean just so I could play a round of golf at the Korea Country Club. It was 90% Koreans there and was a real hidden gem of a golf course. They say it is open to the public now, but I still sense a certain level of discrimination.
I traveled the PI quite a bit and I haven’t seen a larger congregation of east Asians. There are direct flights from Seoul and Hong Kong into Clark Airport and most of those people stay in Clark. Korean, Chinese, and Japanese also dropped about half a billion dollars to develop the Clark zone so naturally there would be a high concentration.
No beaches. I met some Korean, Australian, and German ex-pats in Boracay, but no where near the population ratio as Clark. From an economic standpoint, there is no reason for a foreigner to “own” in the Philippines even if they could. That’s another discussion.