"We are generally very positive about equities over a two-year horizon. We think Asia is going into a V-shaped kind of recovery while the U.S. (recovery) is going to be a more gradual one," says Wong on CNBC Asia's "Protect Your Wealth".
He believed Asian property stocks are in a good position to rake in further gains, given that the region's properties are not overvalued like those in the U.S.. Wong cited Singapore property as an example of a sector with room to move up, saying the city-state enjoys a high savings rate and home prices have remained fairly affordable.
While there are rumblings of asset bubbles in China, Wong said the real estate market is not in danger in the next two years, as he explained: "For China, there is still a lot of liquidity, banks are still lending and the government continues to pump money into the economy, so I think the momentum (to rise) will continue for sometime."
As for the best way to invest in the property sector, Wong viewed funds the safest, as a fund is well-diversified while buying a physical property will require investors to take on more risks and higher transaction costs.
Wong is telling his clients to ride the upturn and buy on dips, and to rebalance their portfolio every six to 12 months and not any earlier.
"The key thing is for investors to control their emotions," he explained. "The danger is if you rebalance once every other week or every other month, you are not giving markets enough time to actually move up and give you the kind of returns for being correct in terms of positioning and overall investments. So one should be careful and not do it too often."
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Catch "Protect Your Wealth" on CNBC's Asia Pacific network every Tuesday on "CNBC's Cash Flow," Wednesday on "Asia Squawk Box" and Thursday on "Capital Connection."