Wednesday, June 23, 2010

How to Make Money in Asian Property

Title: Turning Crisis into Profit - How to Make Money in Asian Property
Author: Tim Murphy
Publisher: Prentice Hall

The author is a British man based in Hongkong, full time on property investment, owner of the property investment firm IP Global.

This book provides very useful information in property investment in the Asia Pacific rim.  Investors are costantly being attracted to many property investment talks, but they may not be fully aware of the consequences and the full picture of the investment environment in a foreign land.  For example, buying an apartment is a popular investment for many Singaporeans, but they may not know that such apartments, although they are popular for students, are not what the locals would like to live in.  It reduces the resale value of the apartment and limits the liquidity of the property. 

This books also lists down the steps to invest in a property in different countries, including Singapore, Malaysia, Vietnam, Hong Kong, Australia, etc. 

It is a great book for information and worthy buying to keep as a reference.

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