Region-Free Asian Version, ships from 29th July.
It is listed as RF on Play-Asia but I can also personally confirm that it works on PAL consoles as well and all of the text/dialogue is in English.
Updated HD graphics Experience the legendary Soulcalibur level of graphics in 720p HD resolution for the first time. Never before, has Soulcalibur looked this good
Ever expanding roster The lineup of weapon wielding characters grows with new fighters
New fighting system elements
Multiple Mode of play
Online Battles For the first time ever, fight online to prove who is the ultimate Soulcalibur weapon master in the entire world! Multiple online versus modes and ranking styles will allow fans to test their fighting and management skills