The Beauty of Investing in Asias Real Estate
Wise investors always have a set of precious real estate in their assets account. Investing in real estate alone is already considered a wise business strategy, but investing in Asia's real estate is an even more lucrative stable business strategy that not only guarantees long term financial security but also brings high positive income.
In recent years, Asia's property market has become more and more transparent to the foreign investors. This concept of opening up to the global market has certainly renewed interest to foreign investors. As a result there was a real boom in the property market in 2007. Although every Asian country has different market trends characteristics, but each and every Asian country holds irresistible promise to every investors and that is steady economic growth, vast amount of land, and of course a myriad of resources and opportunities waiting to be grabbed. Those smart enough to grab these opportunities have long before benefited from these lands. Since 1960 Asia, the largest and most populous of the continents has become richer faster than any other region of the world.
Sustained and rapid economic growth makes Asia probably the most exciting region for buying property. Over the past three decades remarkable economic growth has occurred in East Asia. According to Harvard report, Asia's share in world GDP could well grow to more than half of the world economy from its current 35% during the next three years.
In Asia, buying a vast amount of land is not as expansive as other regions especially in countries such as Indonesia or Vietnam. So, you do not have to a multimillionaire investor to be able to acquire a piece of Asia. In Indonesia you can owe a piece of reasonably large amount of land for as low as US $60,000. It is quite a bargain compared to other countries who exhibit mind whooping property prices.
Asia is the most densely populated regions of the world. Using on 30% of Earth's surface area, Asia housed over 3.879 billion people and that is over 60% of the world's current human population. Increase population equals to increase in housing, increase in commercial & retail infrastructure, increase in public amenities. All this equals to high demand in the property sector.
Asia's real estate is not shaken by the current America's financial crisis or European debt crisis. Why? Because 90% of the Asian property is funded by regional investors and that is why the flow of capital has been steadily increasing from time to time.
Do not procrastinate anymore; invest in Asia's real estate for the long-term. See how the region grows from a fishing market to a multimillion dollar industry for the past decades. Asia is still developing but at such high speed that it shocks economist from all over the world. So jump in and join the Asia's club!
In a Nutshell: Why buy Asia?
1. Asia is starting to open its doors to foreign-investors. Improved transparency.
2. Asia's dense population = increase in homes, hotels, malls, and others = increase demand in property.
3. Du an waterpoint is not entirely affected by the current America's financial crisis.
4. Asia's consistent economic growth support healthy real estate market
5. Land in Asia is relatively cheaper than other regions.
Emilia Oei is a blogger, a designer, an overall thinker, and the self-founder of AsianSkylines.com. She believe that real estate in Asia will bring substantial financial freedom to anyone who dares to dive right in. AsianSkylines is an exclusive blog on Asia's real estate matters, regional development updates and everything else in between.