March 21, 2019 Thailand / Singapore / Vietnam
Gone are the days when going on a vacation means staying in a hotel. Now in just a swipe, people can search for apartments or condos to rent out through serviced digital platforms. With this trend, property buyers are on the hunt for the most ideal project development in Asia.
Property investment matters because you get to own a place and at the same time it serves as another source of income. Rental fee can cover to pay the taxes and mortgage. One must take note that to get a passive income, it is ideal to choose a real estate property within a great neighbourhood or overseas at a known travel destination in Asia.
A popular choice among investors, especially Chinese real estate buyers because properties in Thailand are reasonably priced. Besides, living in Bangkok, Chiang Mai, Pattaya, and Phuket is relatively cheaper than other countries.
The country’s property market is becoming interesting to foreign investors, particularly Ho Chi Minh since it is viewed as one of the fastest growing cities in the world. Thus, Vietnam‘s rental yield is between 6 to 8 percent.
Even with the recent increase in the Additional Buyer’s Stamp Duty and imposed cooling measures in property market, foreign investors still consider Singapore even if the prices are higher compared to other countries. They see the little red dot as a hub for financial and business, has transparent laws, and good infrastructure.
Keep in mind that you are not only investing based on the location but also in the country’s economic growth and currency.
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