My opinions of Southbank OTP investments. I think that Far East investors are gamblers and speculators, some do buy for their children studying in Melbourne for long term.Some are filthy rich so holding power can be there but mostly speculators.But rich is not equal to dumb.Another reasons I agree that the Eastern suburbs are better investments and really the apartments towers(we call them condominiums over here in Asia) are mass produced,there are no real land,normally it does not matter if the house is a dump but the location is important so we equate value to the land.And,think demand and supply,you realise that thousands of units are available for rental with the same design .Your demand cannot be mainly driven by foreign demands,there must be some foundamentals,like local demand,the real value and not just hyped up value.
Asia is going for build and sell and OTP is getting unpopular. The sucessful condominiums are those that manage to brand very well and with top class facilities.There are always exceptions to the rule.

Another thing,if you are English or any other, and looking to retire,have a look at Malaysia’s second home program.

cheers!
Melvin Chai