The Best Real Estate Markets in Asia

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A mistake people often make when doing business abroad is taking the rules of the game they are used to playing and applying them to the rest of the world.
The problem? The rest of the world might not play by the same rules. This is especially true when people try to buy property as they do in the West, where the real estate markets are very well evolved.
Asia is the most extensive, most populous, and most diverse continent globally. There are many different ways to invest in real estate, from funds to syndication deals, but if you want to buy an individual property today, Andrew is going to share the five best real estate markets in Asia
00:00 Start
00:19 Invest in Asia
1:01 Investing in Thailand
2:42 Real estate in Bangkok
4:25 Real Estate in Malaysia
6:51 Investing in Cambodia
8:02 Real Estate in Cambodia
8:50 Investing In Vietnam
9:21 Investing.com Philippines
11:08 Investing in Seoul
12:30 How to Move to Asia
Andrew is reading this article: www.investasian.com/property-...
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

[@ManifestHacking]

I own a home in Palawan, Philippines, bought it two years ago. My Best investment!!

[@siroliver8367]

I've just bought 4* stars hotel rooms in Mactan Cebu with 0 management, 0 maintenance but constant income even if the room is not used. It's different from a timeshare as I can resell or use it any time. For on 300$ each per month.

[@uno_andonly216]

Tell me morr

[@ElJefe1986]

Went to Kuala Lumpur back in April 2019 for a week & really enjoyed myself. It's actually the reason why I'm considering south east Asia as the place for when I retire, and I think Malaysia would be my 1st options based on land and home ownership.

[@GodfatherBadassery]

Love the vid man! Would love to see you tackle the best property markets in other regions, like Africa, Latin America or the Middle East. Make a series out of it?

[@erniekahn1521]

Thanks for including the Philippines, Andrew!

[@dennisromatz]

In the words of so many of my Expat clients in Bangkok..."my 2 happiest days in Bangkok were the day I bought my condo and the day I finally sold my condo". 17 yrs. living in Bangkok and I've yet to know anyone who has made a profit. Only people making profits in the BKK condo market are the loan officer taking tea money from the developer and the developer making the first flip to his cronies. The rest is just patching repairs and headaches.

[@pierre-oliviergagne1591]

​@@mjor6406 I know people who bought bungalows in Montreal for 25K 40 years ago that are not worth over 500K. The best years are behind us in Canada like most western countries. That's one of the reason I decided to move to Southeast Asia, a lot more going on around here.

[@206guy5]

Interesting. So don't buy in Bangkok?

[@thierry1491]

Looking at the rent prices it is clearly not a good investment to buy condo in Bangkok. If you want to buy to live in then go for something not new where you can get good deals since most young Thai are looking to buy new.

[@kassimkhan5524]

WOW what an extensive knowledge in the Asian real estate industry.

[@DanHeather]

Malaysia is a no-brainer. It has amazing infrastructure for a Southeast Asian country, some of the most beautiful landscapes, and cityscapes, everyone speaks English, and best of all, Incredible value for money, for most things (imported cars, for example, are very expensive). And it's way cheaper than bustling and polluted Bangkok or Jakarta, or a lot more for the same amount. An exciting place to be.

[@russianguy1341]

Funding the jihad.

[@phoenixknight8837]

@@russianguy1341 expand your brain, my dear Russian ignoramus.

[@kachrachi]

I agree completely. Been living in Malaysia for 2 years, and traveling extensively around Southeast Asia. I find Malaysia to be the best balance on lifestyle, budget, food and ease of living. Where in properties do you suggest on investing?

[@whoshere767]

Hi Andrew, great content as always. I've sort of retired in Seremban, in the state of Negeri Sembilan, Malaysia. Moved here from Australia 9 years ago. The city has the community vibe, not far from KL, the beach, mountains, nature, hiking trails and the mall is just a walk away. Live in bungalow with large compound - value has tripled over the years - so it's a lifestyle life for me

[@cineffect]

Asia is very interesting, what is your view of Macao? Kind of a Monaco-Vegas of Asia?

[@ChrisLeeProperties]

Currently Malaysia’s real estate is really very competitive in pricing and I like your statement that living in Malaysia can be for lifestyle play . Live like a King

[@therearenoshortcuts9868]

wow those shots of Manila, looks very cyberpunky

[@scottmc4014]

What are your thoughts on Laos? Luang Prabang.

[@biggatap]

what about Uzbekistan? what are your thoughts

[@noritajewelrybox7140]

Please Andrew would you clarify how one could buy real estate in Thailand if one is not Thai? Also in your previous video about best African country you mentioned Morocco, however you didn't mention Moroccan capital controls... N.B Please speak a touch slower as your information is deeply appreciated.

[@thierry1491]

Kuala Lumpur is a great city. I am living here and I love it. However, the ROI on buying a condo here is below depo rates. Over supply and they are building left and right.

[@ANT-yr9zo]

Tashkent is great place to Invest :)

[@hemantparakh6462]

I would like to collect Second Citizenships by selling off Ten Citizenship options so kindly suggest a suitable plan

[@withThamer]

I’m The 600 like guy.

[@micomarinas2753]

hi andrew! is it possible to have a permanent residence permit in thailand, malaysia & south korea by buying a condominium instead of establishing a business in this countries? if yes, how? I always watch all your videos.

[@russianguy1341]

No.

[@estatedia]

It can't be right or wrong... there are actually other places to consider.

[@MermanManly]

Surprised Bali didn't get a mention. Would like to see Bali's booming property market compared to the other places.

[@user-tb5du3hj3y]

Bali is a cowboy market. Leasehold deals sold to people who do zero due diligence. It is the bitcoin of real estate.

[@rajasen9095]

What about India?

[@WineSippingCowboy]

Being a musician, I happily prefer The Philippines 🇵🇭 😊 I traveled there ✈ I have personal connections there. ✅

[@BobbyDazzler888]

Which city is good?

[@Aloraah]

Why as a musician the Philippines are good? I am also valuing the music scene for picking a country to expat. So far 1. Buenos Aires 2. London 3. Berlin are the top three

[@WineSippingCowboy]

@@Aloraah Great question! I should expand that: why are former Spanish colonies good in music? Answer. Western instruments,, opera, Catholic hymns, native Spanish songs, ballet (hence the Spanish word baila) merged with native music and dance 💃. Examples in the USA 🇺🇸. Mariah Carey, Christina Aguilera, Gloria Estefan. Philippines 🇵🇭 has more: influences from India 🇮🇳, China 🇨🇳, Taiwan 🇹🇼. Filipino singers for your listening: Morissette Amon, Katrina Velarde, Gigi de Lana, Regine Velazquez, Jaya Ramsey, 4th Impact, TNT Boys, Michael Pangilinan, Daryl Ong, Martin Niviera, Jed Medela. Suggested video 📹: David Dimuzio on Why Filipinos are the best singers in the world 🌏.

[@rajasen9095]

India is a 4 largest economy in the world?

[@fort5521]

You didn’t mention Singapore?

[@Nick-td2ef]

Foreigners attract a 30% buyer stamp duty and net yields are below 2%. Not worth it.

[@pathslesstrampled9906]

PA-nom Penh….gotta pronounce that PA!

[@DrewNelles]

Great video as always Andrew. My own personal view is most in favour of Manila, given the projected population growth it seems a very safe bet. I am interested however in your thoughts on Japan, where it is possible to own freehold as well. Not just in Tokyo, but also other parts of the country. The only issue I can think of with Japan is that it is hard to live there. But to visit for 90 days, not so much. Keep up with the great videos!

[@TechBillionaire]

Andrew, I would also like to see a video about your thoughts on the Japanese real estate market country-wide and caveats regarding residence, etc..

[@russianguy1341]

@@TechBillionaire - 5 yrs. in country if married to a Japanese you can get permanent residence, 10 if not married. That's a long time, but it is easy to live in Japan if working and get there. Some of my RE in Kansai has appreciated lately, but not much. I buy low end, renovate, and the depreciation characteristic of Japan stops. On some rentals I make 15% net return annually (exchange rate not considered). Stay out of Tokyo. Keep to a larger city - Osaka, Kobe, Kyoto, Hiroshima, Okayama, Fukuoka, Nagasaki, and look to save big on initial costs. It is not difficult to flip and make US$10K on a resale after even one month of renovation time - buy for $30K, spend $10K to reno., sell for $50K is not unusual. You will need help if you do not speak Japanese, but the process is easy and can be fast.

[@lingdatang669]

Thailand Malaysia Cambodia Philippines Seoul

[@triwiyani8983]

Talk too fast

[@PortalofGlobalFinance]

Malaysia has a lot of interesting investing options to offer. Since Cambodia is still pretty much less developed both risk and return can be much higher.

[@KhaledKhaled-yy9et]

You can no more find a qm for $1000,In Phnom Penh it's from $2000 per square ,wich it's by far to high for that City,Sihanoukvile it's a Ghost town ,the Time it's to late,a decade before it ok,on the other Hand they can't resell Apartment for Years now,I Sihanoukvile,it's a Ghost down

[@SohailSaleem]

Though it may not be the right time to invest in Pakistan due to current economic crises, Prices of real estate in Islamabad have been increased by around 400% in previous 5 years and the country's real estate sector is booming even now.

[@arkaneforyou]

and what about the failing government of Pakistan? where they have elected criminals as their new prime minister ?

[@SohailSaleem]

@@arkaneforyou General elections have not been conducted yet, it would be conducted next year. I guess the economic problems of the country messed with the politics. But I expect the future to be bright.

[@quantumleap7441]

There was a video of a man who brought in Thailand, he was advised it is the worse place to buy. He made his video one year later. Right at this moment he is very happy.

[@fillername458]

I have seen a couple of those videos. A friend there complains about the burning season for farmers fields and the air quality. He also said that much like everywhere else right now, the property prices are too high.

[@BobbyDazzler888]

New place after 10 years ages like 25 years

[@vincentbrown6818]

To be clear, I don't expect catastrophic inflation anytime soon. But it doesn't hurt to bolster my finances ahead of uncertain economic times.

[@eddiethecounsel]

My experience is that, the only place in Asia that is safe for your money is Hong Kong. If you buy into real estate and keeps it for medium term, like 5 to 10 years, it's very hard not to make money. Singapore is a close second. But Singapore's housing market is dominated by Government housing, the private market is very small.

[@pinetworkminer8377]

But HK is under the influence of Chinese Communist Party. Carrie Lam is pretty much a puppet/spokesperson of the CCP.

[@Nick-td2ef]

HK prices have gone nowhere for four years and they're still overpriced. Leverage caps also make it difficult, yield are 1.x% and what happens in 2047 with the China agreement? Does it convert to CNY or remain in HKD?

[@eddiethecounsel]

@@Nick-td2ef 2047 is immaterial. Many land leases are already beyond that day. Don't let the scare monger win.

[@Nick-td2ef]

@@eddiethecounsel yes they are often beyond 2047 but what happens to the structure of the market? Which currency, which monetary policy, which tax policy will apply? This is not scare mongering, it's asking a valid question - the answer to which nobody knows. Mortgage rates about to go skyward and yields sub 2%. I wouldn't touch it.

[@BobbyDazzler888]

Bangkok is the worst place to buy. Heavily overpriced and crappy build quality and building materials. After 10-15 years, mismanaged and poorly maintained buildings look double their age.

[@russianguy1341]

Free Assange.

[@mrslcom]

How about India?

[@InvestAsian]

It isn't possible to invest in India's property market at all as a foreigner. Except in rare cases, like the Ascendas India REIT listed in Singapore.

[@ntl9974]

@@InvestAsian is India the most protective market?

[@Halcyono]

no dubai ?

[@ericstlouis5743]

Why not Japan? mega cash flow if in the suburbs. It has its uses and property prices in the major centers are still affordable compared to major cities around the world. looking for capital appreciation? Check Tokyo prices. lots of awesome properties sub 1 million USD (Tokyo Bay Region) and Foreigners has full legal rights to the land and property. (free hold)

[@BobbyDazzler888]

But foreigners can not get any long term visas if not employed. Ownership yes, freedom or any rights in japan, no.

[@ericstlouis5743]

@@BobbyDazzler888 if you can get financing elsewhere than in Japan or if you are already in Japan, you are set. It’s not for everyone but if you fit the criteria, it’s another tool in the path to freedom.

[@SergeLabelle]

Bonjour Eric, you are right and one more thing...there are 5 million empty houses in the country and they go at a very, very cheap price.

[@patientzero291]

If you want a land and home Malaysia is for you, but if you want just a place to stay pick Philippines because 97% speak little to excellent english for all filipinos.

[@patientzero291]

@@mjor6406 Condos

[@deerskin4225]

@@mjor6406 true. My brother in a bind now as house and land in the name of his wife and she wants to kick him out

[@aviationfansalbania2332]

Better than Asia is all Balkans peninsula , Serbia - Croatia , Montenegro Albania Kosovo or north Grecce and as well north Macedonia etc ! Very convenient and nature is amazing

[@elonmusk9869]

It’s not that great I spent time in Albania, South America and east Asia are both better options

[@trillionaire8886]

Yes you are stating an opinion bud. Here’s another, Asia is way better than the Balkans. Especially the food. 🤤 Everyone knows delicious Asian food, no one knows what Balkan food even is.

[@mattball7074]

Lesser yields but i think safer. People are not allowing that Asia is always lacking freedom in the DNA

[@pathslesstrampled9906]

@@trillionaire8886 I recently had Croatian food for the first time in my life (in Salt Lake City of all places) and it was OUTSTANDING 👍

[@trillionaire8886]

@@pathslesstrampled9906 dude I’m sure it was. Anyways like I said Asian food is more popular.

[@robertdominicanrepublic]

Having lived in both Phnom Penh and Sihanoukville in the mid 2000s' I can tell you, Sihanoukville is no longer worth it. The town has basically been leveled and now It's nothing more than Chinese owned/ operated Casinos which the local Khmers are not allowed (by law) to enter. The amount of animosity and disgust among the locals there is very telling. Both Thailand and Malaysia are much better options in my opinion.

[@grasmi]

Spent a few years travelling around SE Asia during 2017/18. Of all the places I visited, Sihanoukville is the one place I would never return to. 😬

[@robertdominicanrepublic]

@@grasmi The Chinese ruined it much like they ruin everything else they "develop"

[@DurandSentinus]

The real estate market in the Philippines is seriously overpriced. It has been for last 10 years and is expected to be so for the next 20, but that depends on the actions of the Marcos/Duterte administration and IF they increase the international debt load being carried by the Philippines. I don't know anyone thinking real estate investing in the Philippines is a good idea for foreigners for the foreseeable future.

[@DurandSentinus]

It is also important to note that the Philippines isn't just "Manila". It is sad and unfortunately all too common for those who really don't know much about the Philippines to only look at Manila and not the Cebu City and Davao City metro areas as well as a number of the many islands of the Philippines that have been attractive to non-Filipino's in the past. Maybe a "deep dive" into the entire Philippine market, from business investments to real estate, that doesn't simply focus on metro Manila would be of better service to your viewers.

[@siroliver8367]

@@DurandSentinus the rich filipinos set the price to select their neighbourg. In Cebu with 530$/month during 4 years you can own a 2BR beachfront condo or better condotel

[@donh1572]

Can you do a video on gun friendly countries

[@Southeastasiantraveler]

I think his position on the USA is pretty clear

[@siroliver8367]

🤣 in Philippines there are shooting range even inside 5* resort but you cannot own or carry one as a foreigner. Outside the USA, american look crazy with their gun, in regular countries you usually need many clearances and a permit to buy one but you'd better live under the radar when you go abroad.

[@russianguy1341]

BKK rice farmer's daughters in drought.

[@benkim2016]

Japan is the worst place to invest in property as the bubble has been affecting the market on the downside for the past 30 years already!!

[@russianguy1341]

That wholly depends on an individual's personal circumstance.

[@urbanart7325]

Vietnamese and in general most Asians I meet think very highly of themselves and very money driven immigrants. They escaped fascists in their home country but will vote for conservative candidate who will reduce their taxes. For Asians in the US it's all about the $. Love you hear a contrary view .

[@jozan9]

"They escaped fascists in their home country AND THEREFORE will vote for conservatives..."

[@jaws2003]

For Asia right now I'm liking Vietnam and after that Indonesia and the Philippines. I've been hearing conflicting things about "owning" land in vietnam and getting a citizenship.

[@slovene1987]

In Asian countries, the general rule is that you will never be one of them. They think in terms of race and collectivism. Malaysia/Singapore/Georgia may be the only exceptions.

[@jaws2003]

@@slovene1987 yes. I've noticed it's very much closed off to foreigners. I wish it wasn't

[@kiddaliproducer]

Besides the racism, Vietnam is literally communist so I doubt they have favorable property laws for anyone 🤣

[@jaws2003]

@@kiddaliproducer I didn't know it was racist . I was thinking they didn't care for foreigners not speaking vietnamese.

[@urbanart7325]

Why own ? You might to leave quickly due some political reason and is stuck with a property. Remember, it's easy to buy but harder to sell

[@mitismee]

1:08 10 year in order to see a double in value ... in Crypto a year is already 10x the investment llol