NHK has learned some applicants for high-rise condominium buildings on the Tokyo Summer Olympics athletes' village site used various ways to circumvent restrictions.

The site in Tokyo's Chuo ward is called Harumi Flag on Tokyo Bay. It is drawing the interest of investors who want to buy condos there and resell them.

In previous lotteries for other Harumi Flag condos, each unit received a maximum application ratio of 266-times, many of which were made by investors.

The extremely high ratios were criticized for crowding out buyers who wanted to actually live in the buildings.

At the request of the Tokyo Metropolitan Government, which oversees the projects, sellers have limited applications from both individuals and corporations to a maximum of two units of the condos being built on the site.

But NHK has found that some families and investors applied for more than two units.

In one case, a family applied for six units by using the name of each family member. In another, an investor, who owns multiple companies, applied for 18 units and won the right to buy six of them.

The investor told NHK that the new measure was incomplete and the person only acted within the rules. The investor added that the resale of each unit is expected to generate a profit of more than 100 million yen, or about 650,000 dollars.

The Tokyo government says the measure has worked more or less as it helped the ratios to come down.

Makino Tomohiro, an expert on the real estate industry, said that there are companies that have subsidiaries and can set up dummy firms easily.

He also said that an individual can cooperate with their children or relatives to make applications. He said that he is not sure if the measure had any major restrictive effects.

Noting that the Olympic village site was a public domain, Makino said the current problem is that the Harumi Flag has become a place for investors, which shuts out people who really want to live there.