Together with shares and bonds, property and property securities have become major global investment classes. Compared with other continental markets, listed property companies take a higher percentage in the Asian stock markets, thus reflecting a more significant potential role in investment activities. There are a number of papers assessing property investment in Asia with regard to individual countries for both developed and emerging markets. This paper presents a profile and performance analysis of the listed property companies in Asia in terms of their market maturity (developed, emerging and lesser emerging sectors) from the perspective of US investors for 11 countries in Asia over Jan. 1999 ñ Dec. 2009. This includes the developed markets (Japan, Hong Kong, Singapore), emerging markets (Malaysia, Korea, Taiwan, Thailand) and the lesser emerging markets (China, India, Indonesia, Philippines, Sri Lanka, Vietnam) with the sub-sector of the less emerging markets in Asia potentially providing enhanced property investment opportunities.