Rush to invest in ASEAN real estate investment
The countries along the “Belt and Road” route in Southeast Asia are mostly developing countries. Among them, many countries are less developed than China, and the real estate market is still in a state of development. Taking advantage of the east wind of the “Belt and Road” to invest in the ten ASEAN countries, it is necessary to invest in the ten ASEAN countries. Will get the desired income.
Thailand, the first stop of the Belt and Road Initiative: Tourism has spawned demand for real estate, and real estate grew steadily
In recent years, more and more Chinese friends have come to Thailand to buy houses. Thailand’s policy of encouraging real estate purchases has allowed the real estate market to grow rapidly. Whether in large cities or in small and medium-sized cities, the real estate industry is becoming more and more popular. As Thailand's leading real estate investment destination, Bangkok's popularity has been increasing!
According to the "China's Purchasing Intention Index for Thailand", Chinese buyers' desire to purchase real estate in Thailand even exceeds that of other larger countries. In the past year, the Thailand index has soared by 180%. In contrast, the five most popular countries (the United States, Australia, the United Kingdom, Canada, and New Zealand) only increased by 37% in the second quarter of 2015.
According to the records of the past 5 years, residential house prices in Bangkok have increased by 8%-10% annually. In terms of residences in resort areas, houses used for short-term holiday rentals tend to generate better returns than long-term rental houses. Overall, the average rental yield in Thailand is between 5% and 8%.
Thailand has always been referred to as the "back garden" of Chinese travel. The purpose of buying property in Thailand is mostly vacation rental or vacation for self-use. In recent years, Thailand's pension visas have made many Chinese consider Thailand as a retirement resort.
Thailand's property market investment has increased, especially in areas outside of Bangkok. Previously, real estate companies had not invested much and intermediary business had not been developed enough; but now after development, its humanities and regional culture have begun to attract investors. It is expected that the real estate market in these areas will have larger room for growth and will attract more investors.
Thailand Real Estate Corporation released a report on the price trend of Bangkok apartment real estate projects in 2017 on February 9th, stating that the central business district housing prices are still growing steadily, with an expected increase of 9-10%, while rents have increased by 4-5% year-on-year. The average price per square meter of real estate projects in some regions will exceed 450,000 baht.
According to analysis by relevant sources, the overall Bangkok apartment housing market has maintained steady growth in 2017. The growth of apartment real estate projects in the central business district is even higher than the industry average. On the one hand, the development of land reserves in the central business district has decreased, and on the other hand, the unit land acquisition costs are getting higher and higher.
According to a report released by Nielsen, in 2017, the minimum price rise of Bangkok apartment real estate projects was 6-7%, and the highest price rise was 9-10%. Given that the average resale price per rai in some central business districts is more than 2 million baht, it is expected that in 2017, there will be a number of projects with an average price of more than 450,000 baht per square meter in the Bangkok apartment market.
Cambodia, the second stop of the Belt and Road Initiative: rapid economic development, still on the eve of the outbreak
At present, Cambodia has become the second largest economic growth body in the region with an average GDP growth rate of 7% per year, and has become one of the countries with the fastest economic growth in the world in the past 10 years! The rapid development of Cambodia represents a new force originating from Southeast Asia is rising!
Although separated from the United States by the Pacific Ocean, Cambodia speaks English, circulates U.S. dollars, and has no foreign exchange controls on the flow of funds. What's more important is that it is on the eve of rapid urbanization and asset expansion. The relatively stable political situation, the increase in employment brought about by the transfer of China’s manufacturing industry, the fast-growing economy, and international capital from mainland China/Taiwan/Korea/Japan/Singapore/Malay/Thailand are competing here. The Chinese people’s favorite investment asset—— The house has gradually become hot in this country.
With the increase of national strength, a large amount of foreign capital poured into Cambodia. Among them, real estate has become the most attractive piece of economic cake. According to the report, in the process of Cambodia's economic development, the real estate industry accounts for 7% of the GDP, which is a major industry supported by the government.
According to news from the Cambodian Daily News, according to a survey report recently published by Knight Frank, the world’s leading private commercial and residential real estate consultant, the price of real estate in Phnom Penh, the capital of Cambodia, increased by an astonishing 26.2 in mid-2015. %. In the second half of the year, the price of residential areas increased by 10.6% year-on-year, ranking second after Tokyo, Japan, but became the fastest growing country in the region.
As of the end of 2015, the total population of Cambodia has reached 15.7 million. Among them, more than half of the Cambodian population is around 25 years old on average, and Cambodia has the region's youngest and most powerful working population. The 25-year-old married population has a strong demand for new houses, so Cambodia has a large amount of rigid demand for housing.
In addition to local housing demand, in Cambodia, a large number of foreign residents' housing is also one of the real estate market demand. To be honest, 80% of foreigners have supported Cambodia’s hot property market, and this has only been six years.
The “Global Real Estate Guide” pointed out that the real estate market in Phnom Penh, the capital of Cambodia, has continued to grow steadily in recent years. In 2013, the average house price level was about 70,000 US dollars, with an average increase of 15%, and the rental investment return rate was about 8%. Countries worth investing in.
Malaysia, the third station of the Belt and Road Initiative
Chinese developers with great enthusiasm have seized Malaysia one after another, and projects have been built one after another: the Country Garden Golden Bay project has achieved good sales performance, and the Forest City project will be built on 4 artificial islands; it is about approximately 10 minutes from the city center of Johor Bahru. 20 minutes from Chencuogang, Greenland acquired 128 acres of land; near the Johor Bahru Pass, R&F acquired 6 plots of land for 8.5 billion yuan; in the central location of Iskandar in Johor, New Hualian Planning 5 tall buildings...
In recent years, the price of real estate in Malaysia has been increasing steadily at a rate of about 5% to 8% per year, and its potential for development advantages has attracted widespread attention from global investors. In addition to Kuala Lumpur and Johor Bahru, which have been very hot recently, Malacca is also a "golden ground" worthy of investors' focus!
"Thailand and Malaysia have always been hotspots for Chinese investment in Southeast Asian real estate. With the high market prices in recent years, more attention has been shifted to countries with more future development value such as Cambodia and Vietnam.
At present, many Chinese companies are actively exploring the Southeast Asian market, and it is expected that there will be a small investment boom in the near future.