Unless developed, this name is worth reg fee & probably will be for quite a while. What are your plans for this name?
Thank you for your response I currently have a few ideas. It could be established as an ebay store, asia travel site, asia advertising site, asia business portal. In fact given the generic name, it can be any niche that focuses on "reaching asia" audience. I think it wouldn't be possible for me to develop it on my own. I guess I have to outsource it? I do have a question. Why is it that some domain names can sell high by itself? What qualifies it?
I will try to answer your last question , One word domains having a high value , Like Legal.com , Online.com , shopping.com , lawyers.com and others with mainly ends with .COM (Which stands for company) And also one word domains got a better chance when your search in any search engines thats might show your domain not some thing like D0m41n5.com , If you just excluded this , You will see .COM is better then .ASIA because first COM is a world wide people are using it , .COM could be used for a company in Europe , Asia , America or any others also .COM is older then others , If you told someone that your website called DOMAIN , he will assumes it is Domain.com and thats simply few things that makes the domain to get its price
well .asia nobody except domainers or webmasters know... so lots of them will be grabed... no real projects under .asia consequently... so value -> 0