Pick types
Early-stage or cross-border adjacency play — higher variance, earlier entry.
Frontier and spillover picks sit on the edge of a proven hub: Cambodian towns feeding Thai tourism, Indonesian secondary cities feeding Jakarta, or Philippine provinces riding MM logistics. Liquidity is thinner and regulation less predictable, so position sizing and local partners matter more.
Lien Chieu — New licensed apartment stock (emerging)
Da Nang · Lien Chieu
Tabanan (Kedungu/Beraban) — Leasehold villas (Canggu overflow)
Bali · Tabanan (Kedungu/Beraban)
Pererenan — Leasehold villas (adjacent Canggu)
Bali · Pererenan
North Bali (Buleleng/Lovina) — Raw land plots
Bali · North Bali (Buleleng/Lovina)