PRESENTED BY ANANDA
Asia is a land of beautiful contrasts. Our historic temples and white sand beaches are probably on your bucket list and our pop music is no doubt popping up on your YouTube feed. Some of us are “crazy rich”, but most of us are steadily, but ambitiously, planning our next step and our next purchase. Whatever your impression of Asia, you can’t deny that this is one region that’s attracting the attention of investors around the world now, more than ever.
International investors are always on the lookout for new opportunities and Asia has caught their attention yet again, thanks to the recent positive trajectory of the Asian markets. So whether you’re looking to invest, buy property, start a company, make a move, or simply want to know what financial folks think of your country – read on!
Yangon, Myanmar
Recently opened Myanmar provides one of the key opportunities for investors. Just don’t say it’s an “undiscovered frontier” though, unless you want angry emails from 60 million Myanmar nationals who have already discovered it, #thankyouverymuch.
Currently, the Myanmar economy is mainly driven by the nation’s natural resources. Most foreign investment is related to the industries that extract said resources. However, the tourism and retail industries are expected to boom. It’s no surprise that construction in Myanmar is expected to grow exponentially as well. The most popular travel destinations (Yangon, Bagan, Mandalay, and Mergui) are still nowhere near as busy as neighboring Thailand.
Singapore
Singapore is a “fine” city. As in, you may face a lot of fines in this clean, modern city! It has a highly developed trade-oriented market economy. It’s been ranked as the most open in the world, 7th least corrupt, most pro-business, and the economy with the lowest tax rates. If that’s not enough to convince you of the economic prowess of the little red dot, how about the fact that Singapore has the third highest per-capita GDP in the world in terms of purchasing power?
On the other hand, the economy has reached its peak and is declining. Bummer. But the Singaporean government has addressed this by focusing more on smaller industries to strengthen the economy. You just can’t help but be efficient, can you Singapore?
Hong Kong
This Lion Rock Spirit nation has been roaring since the late 1800s. Indeed, the Hongkongese economy continues to soar, which attracts foreign investors from every corner of the globe. Recently, the Fragrant Harbor has made big advances in robotics, fast fashion, and movies. Hong Kong’s style icons are taking over Instagram and their actors are challenging Hollywood’s standard portrayal of action heroes. Hong Kong is also known to have the highest real estate prices in the world, which means that once you’ve developed a property or apartment building, you’ll be a baller for life.
Shanghai, China
Although often touted as one of the oldest civilizations in history, modern China as we know it is a relatively new player in the global stage. China only opened its borders to the world in the late 1970s.
Now, after the first quarter of 2017, foreign investment in everything from the industrial segment to retail has proved to be a stabilizing factor in China’s economic expansion. On another hand, investors are closely watching China’s real estate market. It’s grown so large, some predict it’s a bubble on the verge of bursting. To combat this, the government has issued a policy to stabilize and control real estate, demonstrating to many that the Chinese government is an efficient and fast-acting problem solver.
Bangkok, Thailand
Many investors believe Thailand is at the heart of Southeast Asian investment opportunities. Take Bangkok for example. It’s an up and coming city with many growing industries. New public transportation, commercial buildings and condominiums are being added to the stunning skyline everyday.
When it comes to property investment, Bangkokians often use the “buy it for rent” method. They invest in properties in order to rent the place out, and use the rent money towards the installments. Bangkok has one of the most affordable housing markets in Asia compared to cities like Hong Kong and Shanghai. And with the price of land in the city center constantly on the rise, the time to invest is sooner rather than later.
Wondering where? One up and coming Bangkok district catching the attention of the property market is Asoke-Rama 9. Instead of busy Sukhumvit, Sathorn, and Silom, consider Asoke-Rama 9.
Asoke-Rama 9 has obvious potential thanks to the district’s infrastructure, large main road, direct access to public transport and expressways. The building blocks that support urban growth are already in place. It has a cool urban vibe, and many new developments are already the works.
The Super Tower is a new landmark project in Asoke-Rama 9, which will be one of the top 100 tallest buildings in the world, cementing Rama 9 as a key part of Bangkok’s CBD. In addition to The Super Tower, The Grand Rama 9 and the G Tower are also in development. These three new projects will join the area’s existing office buildings, malls, and hotels, which together make Asoke-Rama 9 one of the most prominent neighborhoods in Bangkok.
Asoke-Rama 9 intersection is already home to two of the most popular malls in Thailand: Fortune Tower, Bangkok’s second biggest center of technology and gadgets and Central Rama 9, a prestigious shopping and entertainment center. (Malls and Bangkok are like chips and salsa: an iconic duo.)
A new condominium development, Ashton Asoke-Rama 9, is at the center of this up and coming area. It’s located on the last piece of freehold land in the district that is available for buying and living. Plus, the building’s prime location in near the MRT and BTS interchange makes getting in and out incredibly easy. No wonder the neighborhood is set to be the biggest CBD in Bangkok.
Imagine living or investing in the Ashton; it offers all the privacy and luxury of a brand new condo development together with the convenience and energy of the thriving Bangkok CBD. Sounds pretty good, right? Click here to find out more about Ashton Asoke-Rama 9, a new investment opportunity in Asia that makes perfect sense.
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