Synopsis
Why invest in Asia?
Although the worst financial crisis in decades rocked Asia, hitting global demand for its exports, the forces of population growth, mass urbanization, and wealth accumulated over decades are helping to bolster domestic demand. The trend can be seen everywhere in cities brimming with activity, through increased car ownership, Internet and telecommunications usage, rising consumer sales and a relatively new trend mass home ownership.
Whether it s the neon splendour of Tokyo, or French colonial styled Hanoi, author Tim Murphy takes a top-down, numbers-approach to property investment. Backed by statistics, colourful anecdotes and real-life investment successes, he examines how the different Asian macro-economic landscapes can yield opportunity for every type of investor from the risk-taker to the prudent-minded. And his 10 steps to buying off-plan property in Hong Kong, Malaysia, Singapore and other countries where he has personally invested, serves as a methodical checklist for both first-time, and seasoned property buyers.
When the world shook on its financial foundations in 1929, the phrase when America sneezes, the world catches a cold seized public imagination but now, a continent is turning that adage on its head in the wake of the sub-prime fallout. In Turning Crisis into Profit: How to Make Money in Asian Property, Murphy delivers a candid, revealing read on why Asia can be the promised land for a properly prepared real estate investor.
Features
Provides an extensive overview of Asian markets, both in mature and emerging economies.
Case studies describe buying and selling property strategies derived from the author s wealth of personal experience and success, and statistics drawn from Reuters, Macquarie Research, Citigroup etc.
Offers a methodical checklist for buying property in 10 steps to buying off-plan .
Chapter 1 149 Maplehurst Road
Chapter 2 Why Propety
Chapter 3 Why Asia
Chapter 4 Getting Started
Chapter 5 Don t Come Unstuck: Basic Questions to Ask
Chapter 6 Vietnam: A Land of Great Transformation
Chapter 7 Malaysia: Blending the Right Ingredients
Chapter 8 Hong Kong: Proving the Doomsayers Wrong
Chapter 9 Singapore: Turning Things Around
Chapter 10 Japan: The Slow-Rising Sun
Chapter 11 Markets to Watch
List of Case Studies
Government back-pedalling
Asia s new elite
Slums disappearing as Asian cities transform
The new Asian developers barely out of school
Shanghai surprise
Due diligence checklist
Hung Vuong Plaza
Aquaba Resort
Mont Kiara
Equities dealer: Like buying an emerging country
The Belcher s
Earthquake risk
Asahi Plaza, Chitose
Country Resort, Niseko
About the Author
Tim Murphy is a full-time property investor based in Hong Kong. His company IP Global, founded in 2005, assists clients to invest in property in Asia, Europe, the Middle East and the Americas.
Murphy began building his property portfolio in his early twenties and by the age of thirty had accumulated over 40 properties, principally in the United Kingdom.
In the late 1990s, an overseas career move gave him exposure to other markets and he began investing abroad. Today he owns a portfolio of property covering fifteen countries, including Australia, Brazil, Eastern Europe, Japan, Spain, U.K., Hong Kong, Malaysia, Thailand, Singapore and Vietnam.
What began as a personal wealth management strategy turned into a business idea supporting other individuals who are looking to build a property portfolio outside of their domiciled market.
Prior to establishing IP Global, Murphy spent 13 years in the insurance and banking industries based in London, Korea and Hong Kong which gave him a rounded understanding of wealth management.
Murphy s career began in London with Prudential where within 12 years he was managing a sales force of 12,000 people and 800 branches. He was also part of the founding team of the Prudential-backed, Internet banking success, Egg. In Asia, Murphy s most recent position was that of Chief Executive Officer for Dah Sing Life in Hong Kong.
Murphy has lived in the Asia-Pacific region for 12 years. Academic achievements include a Masters in Business Administration from City University, London and a Sports Studies Degree from Southampton University. He has extensive media experience having appeared on CNBC, CNN, Bloomberg, Channel NewsAsia, the BBC in Hong Kong, Singapore and London and is a regular pundit on property investment within Asia s broadsheet press.
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