5 Fastest Growing Real Estate Markets in South East Asia

South East Asia is the world’s fastest growing region where the value and importance of real estate is more than anywhere else in the world. It is a diverse continent where people have different ways of trading. You must know the fastest growing real estate markets in South East Asia before you start your property search. The 5 fast growing real estate markets in South East Asia are discussed below

1.  Singapore Real Estate Market

Singapore real estate market is the fastest growing market where you can enter as a foreigner. It is the world’s most expensive estate market which is quite transparent and you may easily get the required information on the internet. The prices of the land are likely to remain risen for the longer period of time due to its healthy economy. The property market is expanding and attracts international communities but they have to pay more money and make an application to the government. It is the property market which has made Singapore an outstanding global community. Some factors that have contributed to make Singapore real estate market the fastest growing market include its strong economy, its health and technology industry, and its world class education system. All these factors make Singapore the best place to purchase or invest in property.

2.  Malaysia Real Estate Market

Over the past few years, Malaysia has emerged to be the growing real estate market in South East Asia and Malaysia is the only country of this continent where the foreigners are given the facility to own land easily.  Some years back, the Malaysia property market was hit by the financial crisis.  But with the help of policies of government, the market was restored. For those, who want different options, then Malaysia is the ideal place. As compared to Singapore and other neighboring countries, Malaysia is quite economical.  Even per square price in Kuala Lumpur is even less than Jakarta which is the capital of Indonesia. All the foreign investors are required to get the basic information about the property market trends before making any investment. 

As Malaysia is fortunately experiencing a constant economic growth and development therefore, it is good news for the foreign investor o invest in the property. The Malaysian real estate market’s potential is indicated by the increased house prices. The astute Malaysian government does all the best to attract international investors.

Malaysia is a tax free land as well as an ideal holiday spot and these are the virtues that make Malaysia real estate market as one of the top growing in South East Asia.

3.  Thailand Real Estate Market

The economic growth of Thailand together with strong growth prospects of the job has contributed to the growth of the real estate market of Thailand. International investors are attracted towards Thailand property market for making profitable investments. It is expected that rental as well as capital value will rise for the office, commercial, industrial and retail sector.

The situation of real estate in Thailand is that foreigners are allowed to hold condominium units in their own name on a freehold base. But the foreigners cannot own land.

Although the property market depends on the economic growth but during 2015, the property market of Bangkok’s is estimated to fare better than expectation. The residential real estate market is expecting to grow coming year by 5-10 percent. And people will be having stronger desire to buy homes in Thailand.

Thailand is the South East Asian top investment destination and has always been attractive for the British. Its real estate market is also one of the fastest growing markets of South East Asia.

4.  Cambodia Real Estate Market

The property market of Cambodia remained depressed for many years but now it has just started recovering with the help of economic development and growth. Just like Thailand, the foreign buyers in Cambodia can’t own land but on freehold base, can only own condominium units. They also can’t own the first floor building. The property in Cambodia is also less expensive as compared to Thailand. The property market of Cambodia did well in 2015 due to foreign as well as domestic investors’ and retailers’ raising demand to live in modern condominium with modern facilities.

In different areas of Cambodia, the land prices are raising. This increase in the prices of land is due to boost in the number of businesses. The residential construction activities are also increasing.

Property tax in Cambodia is also very low and its property market is one of the best and growing markets in South East Asia where it is very profitable to invest. In Cambodia property renovation is possible, which is a biggest reason for the investors to invest in the market. The tourism is also growing in Cambodia and buying tourist real estate is the best way to earn profits. Many international property companies and restaurants are also locating in Cambodia so investing in real estate in Cambodia is quite profitable because presently it is the fastest growing property market.

5.  Philippines Real Estate Market

The economy of Philippines is growing which results in the growth of property market.  But the growth rate of the real estate market here is slower than before. The prices of property have rushed forward in the previous years but the rising amount is not clear. It is also said that the property market will experience some slowdown. The Philippines is best for renting property. The rent yield in Philippines is also high as compared to other South East Asian countries.

The Philippines has one of the fastest growing economies and its real estate market comes in the circle of the fastest growing markets in South East Asia.  But the real-estate developments are going to step outside the capital there. Besides the appreciation in the cost of real estate, the housing sector of Philippines is still in crisis.

When it comes to South Asia, Pakistan's real estate market is growing very fast especially projects like Bahria town are making progress rapidly.

What Makes Bahria Town Lahore An Ideal Place to Live

Pakistan has a great real estate developing system in the form of Bahria Town. it is the largest company owned by an Investor in Pakistan who has made a set of the largest living society in Asia. The society is developed in the different cities of Pakistan including Lahore, Rawalpindi, Islamabad, Murree and Karachi. It’s a huge community which is worth $6 billion investment only in the city of Rawalpindi. The society that was formed in Rawalpindi was the pioneer one and it has nice phases with each phase having several blocks. 

The place has a planned residential capacity for I million people. The society is a complete city within itself having school, hospitals, shopping area, restaurants, cinema, etc. Due to the different security issues, Bahria Town Lahore is supposed to one of the most secure areas because of the high security system. DHA is supposed to be its opponent society, which is older and much larger and also based in several cities pof the country including Lahore, Karachi, Faisalabad, Peshawar, Hyderabad, Sukkur and Nawabshah.