A key role will be played by the ASEAN real estate markets once the ASEAN Economic Community (AEC) takes effect in December 2015. With an increasing number of investors looking at the ASEAN region for the purposes of portfolio diversification and long term investment, real estate markets could offer cost-effective solutions which will attract less complex industries, drawing them away from more competitive cities and countries. Recent examples include the outflow of industrial production from China into the emerging markets of Myanmar, Vietnam and Cambodia. In this series we look at the various aspects and considerations that are relevant to investing in real property across the region, and gives investors a snapshot of where each real property market stands at present, and the opportunities that lie in the AEC.