Which South East Asian city is best to invest in?

Discussion in 'Malaysia property' started by Soho, Jun 15, 2007.

  1. Soho

    Soho New Member

    I like some ideas on which country in south east asia is the best investment area, any ideas?
     
  2. Mirage

    Mirage New Member

    Mumbai is looking like a good option over the long term, with growing economy and growing middle classes demand for medium range properties is looking very good, the next decade should be quite positive, there are some projects out these which are very affordable and come with rental guarantees. We have some available in our agency if you interested.
     
  3. nigel1962

    nigel1962 New Member

     
  4. billaaa777

    billaaa777 New Member

    Pattaya Thailand

    I am making a killing in Pattaya Thailand. The market is booming and there is no other city in the world like it. You should come over and check it out, at the very least you will have the best vacation you have ever had.
     
  5. rastlin

    rastlin New Member

    Why not take alook @ Singapore. Property prices had been breaking new highs & couple with the sound government policy, stable political enviroment, low crime rate, influx of new immigrants & young professional & the new integrated resorts coming up, the price have no other place to move except UP.

    Have a piece of the pie before all being snap up.
     
  6. dubayyy

    dubayyy New Member

    Kuala Lumpur, Malaysia.
     
  7. cin7166

    cin7166 New Member

    Hi,

    I'm new to this forum. Not sure if I've done the right thing or not but I have just invested in Kuala Lumpur.
    I want to stay away from the holiday rental market as I have a villa in Turkey and although it was never really bought for an investment but for my own use for holidays, I am finding due to work etc I don't get to use it as much as I would like and have been trying to rent it out and it's proving very difficult! Even my family are not interested in using it for free! My friends with kids say they prefer going on holiday to Spain! So this time I've chosen a destination which will hopefully be easy to rent long term.
     
  8. geordie

    geordie New Member

    I totally agree with Rastlin, it is Singapore by a mile. It is a massive financial centre and is the Hedge Fund capital of the world - a solid basis for any investment. It is also benfiting for being close to, but not part of, China.

    Geordie
     
  9. rastlin

    rastlin New Member

    Prices will raise again towards end of the year..
     
  10. wharfie

    wharfie New Member

    phoenix grove pattaya

    hi! i have just paid 24k 4 a2 bed linked bungalow,completed dec. will get 10% income 4 2 yrs. been there once and loved it. its good 2 hear ur doing well...any info?
    wharfie
     
  11. agentkhoo

    agentkhoo New Member

    Singapore's a fairly good place to invest in, but not in residential property for the moment. Prices are moving sideways for residential properties as there is ample supply of residential units in the market. And there are new launches on the way for residential units.

    To buy-and-let approach you have to make prudent choices on the property to invest in. Opportunities are still available for buy-to-renovate, lease and sell later is too much of a hassle for foreign investors like yourself.

    I recommend going for commercial and industrial properties that have good rental yields.
    Read more about commercial real estate in Singapore Prime office space still in demand, SLA cashes in | Singapore Real Estate Hot Property
     
  12. agentkhoo

    agentkhoo New Member

    Businesses in Singapore are expanding, because there are still many development projects coming up on the island city - mainly the 2 integrated resorts (with hotels, exposition space, casino and mega resort hotels). Hence businesses supplying to these development projects are booming right now. Hotel industry is also doing quite well. My daughter who runs a F&B supplies business is quite busy, despite rising food costs eroding profit margins, they are doing more volume to make up for the loss profits.
     
  13. Damian George

    Damian George New Member

    Hi All,

    Noticed that a lot of people are recommending Singapore and saw this article come across our news wires - not sure yet of the longer term issues but i imagine prices are going to go up!

    SINGAPORE (Thomson Financial) - Property developers faced up to a 16 percent increase in construction costs for residential properties in the six months to the end of March, The Business Times reported on Wednesday, citing a report by construction cost consultancy Rider Levett Bucknall.

    Across the board construction costs rose by a minimum of 13 percent in the period, the paper said.

    yuinmunn.szetoh@thomsonreuters.com
     
  14. agentkhoo

    agentkhoo New Member

    Hi Damien, yes cost of construction has gone up, but that is a global issue, because of raw material like sand, iron and steel needed. THat constitutes the main cost increase. The increase in costs are not very much influenced by manpower costs.

    We are all suffering because of the spurt of growth in China, India and UAE, who are building mega-structures as if they had money on tap. The oil price hike has a dramatic effect on the production of steel as well as transportation of these raw materials.

    But its a safe environment for investment, there's transparency as well.
    Singapore is one place where laws are transparent, proceedures are transparent. And if the government departments are not customer service oriented - you can complain officially and un-officially).
     
  15. NYANG1234

    NYANG1234 New Member

    India's market is Booming" with lots of development including transport links etc.
     
  16. Simon Lim

    Simon Lim New Member

    What about Cambodia?

    Hi all,

    I'm going to be visiting a few countries in South East Asia later in the year, and spending most of the time in Cambodia.

    I read somewhere that capital appreciation is about 25% year on year in Cambodia, and from what I've heard it does seem like the turmoil of the past is settling down.

    I would have thought Vietnam would be in a similar position, but not really sure.

    What are people's thoughts on Cambodia and Vietnam?

    Thanks,

    Simon
     
  17. bloss

    bloss New Member

    i think the philippines is the best place. real estate is rapidly growing in the country & demands for houses are increasing. buying properties at this time is advised since amount appreciates every year. also a lot of tourist goes to this place since the city & beaches are breathtaking...i should know because i stay here & invest here.
     
  18. Robert Gavin

    Robert Gavin New Member

    In order to best investment

    Malaysia > india > Vietnam

    Singapore - way overpriced property is around 20 x annual income!
    China - Hard financing options

    malaysia has less developed laws and banking than SIN but much more room for growth and far higher rental yields.
     
  19. agentkhoo

    agentkhoo New Member

    hi Robert, yes but when buying Malaysia property you will have to deal with reputable developers and real estate agents. As rules are more lax, and less transparent.

    However, as things are less transparent, profiteering can happen.

    Cheers,
    Agent Khoo
    - Learn more about Asian properties & properties news
     
  20. 9009Ali

    9009Ali New Member

    I do have a contact in the uk who is promoting new residential project in KL and GoldCoast properties. I purchased my first property in KL a a few years ago ... with completing by the end of 2008. I'm sitting on a very reasonable profit margin. PM me if you want more details
     
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