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Document and Entity Information
6 Months Ended
Jun. 30, 2012
Jun. 20, 2014
Document And Entity Information ' '
Entity Registrant Name 'ASIA PROPERTIES INC '
Entity Central Index Key '0001070789 '
Document Type '10-Q '
Document Period End Date Jun 30, 2012 '
Amendment Flag 'false '
Current Fiscal Year End Date '--12-31 '
Entity Filer Category 'Smaller Reporting Company '
Entity Common Stock, Shares Outstanding ' 41,921,362
Document Fiscal Period Focus 'Q2 '
Document Fiscal Year Focus '2012 '
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Consolidated Balance Sheets (USD $)
Jun. 30, 2012
Dec. 31, 2011
Current ' '
Cash and cash equivalents $ 1,040 $ 10,175
Total Current Assets 1,040 10,175
Due from related party '   '  
Investments 625,000 625,000
Total Assets 626,040 635,175
Current liabilities ' '
Other payables and accrued liabilities 138,300 129,135
Line of Credit 49,862 47,872
Short Term Loans 31,359 41,791
Amount due to Related Parties 902,068 855,036
Total Current liabilities 1,121,589 1,073,834
Stockholders' Deficit ' '
Common stock, $0.001 par value, 200,000,000 shares 38,421,362 issued and outstanding at June 30, 2012 and December 31, 2011 12,148 12,148
Additional paid in capital 3,119,780 3,119,780
Donated Capital 345,000 345,000
Deficit accumulated during the development stage (3,972,477) (3,915,587)
Total Stockholders' Deficit (495,549) (438,659)
Total liabilities and stockholders' deficit $ 626,040 $ 635,175
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Consolidated Balance Sheets (Parenthetical) (USD $)
Jun. 30, 2012
Dec. 31, 2011
Statement of Financial Position [Abstract] ' '
Common stock, par value $ 0.001 $ 0.001
Common stock, shares authorized 200,000,000 200,000,000
Common stock, shares issued 38,421,362 38,421,362
Common stock, shares outstanding 38,421,362 38,421,362
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Consolidated Statements of Comprehensive Loss (Unaudited) (USD $)
3 Months Ended 6 Months Ended 171 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Income Statement [Abstract] ' ' ' ' '
Revenue '   '   '   '   $ (46,432)
Operating expenses ' ' ' ' '
General and administrative expenses 10,425 14,622 26,591 32,579 1,858,580
Commission expenses ' ' '   '   42,000
Management fees 15,000 15,000 30,000 30,000 1,253,614
Professional fees 298 ' 297 '   789,766
Consulting fees ' ' '   ' 183,761
Total operating expenses 25,723 29,622 56,888 62,579 4,127,720
Loss from operations (25,723) (29,622) (56,888) (62,579) (4,174,152)
Interest income '   '   '   '   3,294
Disposal of subsidiary '   '   '   '   27,120
Gain on settlement of debt '   '   '   '   178,307
Income taxes recovered '   '   '   '   595
Write-down of property and equipment '   '   '   '   (7,639)
Net Comprehensive Loss $ (25,723) $ (29,622) $ (56,888) $ (62,579) $ (3,972,475)
Weighted average number of shares outstanding -basic and diluted ' ' 38,421,362 35,527,992 '
basic and diluted loss per share ' ' $ (0.0015) $ (0.0018) '
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Statements of Stockholders' Deficit (Unaudited) (USD $)
Common Stock [Member]
Additional Paid In Capital [Member]
Donated Capital [Member]
Deficit [Member]
Total
Balance at Dec. 31, 2004 $ 7,519 $ 1,729,509 $ 270,000 $ (2,064,981) $ (57,953)
Balance, shares at Dec. 31, 2004 30,076,112 ' ' ' '
Issued for services 40 10,360 ' ' 10,400
Issued for services, shares 40,000 ' ' ' '
Issued for services 50 24,950 ' ' 25,000
Issued for services, shares 160,000 ' ' ' '
Issued for properties 600 299,400 ' ' 300,000
Issued for properties, shares 200,000 ' ' ' '
Issued for properties 45 159,955 ' ' 160,000
Issued for properties, shares 2,400,000 ' ' ' '
Issued for properties 350 899,650 ' ' 900,000
Issued for properties, shares 180,000 ' ' ' '
Issued for cash 1,050 523,950 ' ' 525,000
Issued for cash, shares 1,400,000 ' ' ' '
Finders fee paid ' (25,000) ' ' (25,000)
Finders fee paid, shares 4,200,000 ' ' ' '
Donated capital ' ' 60,000 ' 60,000
Net loss for the period ' ' ' (247,792) (247,792)
Balance at Dec. 31, 2005 9,654 3,622,774 330,000 (2,312,773) 1,649,655
Balance, shares at Dec. 31, 2005 38,616,112 ' ' ' '
Option exercised for cash at $1.00 per share 40 39,960 '   '   40,000
Option exercised for cash at $1.00 per share, shares 160,000 ' ' ' '
Issued for cash 105 104,895 '   '   105,000
Issued for cash, shares 420,000 ' ' ' '
Donated capital ' ' 15,000 ' 15,000
Net loss for the period ' ' ' (252,278) (252,278)
Balance at Dec. 31, 2006 9,799 3,767,629 345,000 (2,565,051) 1,557,377
Balance, shares at Dec. 31, 2006 39,196,112 ' ' ' '
Issued for cash 55 54,945 '   '   55,000
Issued for cash, shares 220,000 ' ' ' '
Finders fee paid 3 2,747 '   '   2,750
Finders fee paid, shares 11,000 ' ' ' '
Net loss for the period ' ' ' (298,260) (298,260)
Balance at Dec. 31, 2007 9,857 3,825,321 345,000 (2,863,311) 1,316,867
Balance, shares at Dec. 31, 2007 39,115,112 ' ' ' '
Issued for cash 225 44,775 ' ' 45,000
Issued for cash, shares 225,000 ' ' ' '
Finders fee paid 11 2,239 ' ' 2,250
Finders fee paid, shares 11,250 ' ' ' '
Cancelled due to unsuccessful transfer of property rights (985) (1,323,460) ' ' (1,324,445)
Cancelled due to unsuccessful transfer of property rights, shares (3,940,000) ' ' ' '
Net loss for the period ' ' ' (513,977) (513,977)
Balance at Dec. 31, 2008 9,108 2,548,875 345,000 (3,377,288) (474,305)
Balance, shares at Dec. 31, 2008 35,411,362 ' ' ' '
Cancelled due to unsuccessful transfer of property rights (10) (35,545) ' ' (35,555)
Cancelled due to unsuccessful transfer of property rights, shares (40,000) ' ' ' '
Net loss for the period ' ' ' (114,528) (114,528)
Balance at Dec. 31, 2009 9,098 2,513,330 345,000 (3,491,816) (624,388)
Balance, shares at Dec. 31, 2009 35,371,362 ' ' ' '
Issued for services 350 52,150 '   '   52,500
Issued for services, shares 350,000 ' ' ' '
Net loss for the period ' ' ' (179,258) (179,258)
Balance at Dec. 31, 2010 9,448 2,565,480 345,000 (3,671,074) (751,146)
Balance, shares at Dec. 31, 2010 35,721,362 ' ' ' '
Issued for properties 500 24,500 ' ' 25,000
Issued for properties, shares 500,000 ' ' ' '
Issued for properties 2,000 488,000 ' ' 490,000
Issued for properties, shares 2,000,000 ' ' ' '
Issued for commission 200 41,800 ' ' 42,000
Issued for commission, shares 200,000 ' ' ' '
Net comprehensive loss for the year ' ' ' (244,512) (244,512)
Net loss for the period ' ' ' (32,957) (32,957)
Balance at Dec. 31, 2011 12,148 3,119,780 345,000 (3,915,587) (438,659)
Balance, shares at Dec. 31, 2011 38,421,362 ' ' ' '
Net loss for the period ' ' ' (31,165) (31,165)
Balance at Mar. 31, 2012 12,148 3,119,780 345,000 (3,946,752) (469,224)
Balance, shares at Mar. 31, 2012 38,421,362 ' ' ' '
Net loss for the period ' ' ' (25,723) (25,723)
Balance at Jun. 30, 2012 $ 12,148 $ 3,119,780 $ 345,000 $ (3,972,475) $ (495,549)
Balance, shares at Jun. 30, 2012 38,421,362 ' ' ' '
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Statements of Stockholders' Deficit (Unaudited) (Parenthetical) (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2008
Dec. 31, 2007
Dec. 31, 2006
Dec. 31, 2005
Statement of Stockholders' Equity [Abstract] ' ' ' ' '
Common stock issued for services, price per share ' ' ' ' $ 0.26
Common stock issued for services, price per share ' ' ' ' $ 0.5
Common stock issued for properties, price per share $ 0.05 ' ' ' $ 0.5
Common stock issued for properties, price per share $ 0.245 ' ' ' $ 1.45
Common stock issued for properties, price per share ' ' ' ' $ 2.55
Common stock issued for commission, price per share $ 0.21 ' ' ' '
Common stock issued for cash, price per share ' $ 0.2 $ 1 $ 1 $ 0.5
Common stock option exercised price per share ' ' ' $ 1 '
Stock split ' ' '4 for 1 ' '
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Consolidated Statements of Cash Flows (Unaudited) (USD $)
3 Months Ended 6 Months Ended 171 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Cash flows used in operating activities ' ' ' ' '
Net loss $ (25,723) $ (29,622) $ (56,888) $ (62,579) $ (3,972,475)
Adjustments to reconcile net loss to net cash used in operating activities ' ' ' ' '
Amortized property rights '   '   '   '   97,310
Cancellation of shares issued for property rights '   '   '   '   (1,360,000)
Deferred assets amortized '   '   '   '   12,507
Depreciation '   '   '   '   12,599
Donated management services '   '   '   '   345,000
Gain on settlement of debt '   '   '   '   (178,307)
Gain on disposal of subsidiary '   '   '   '   '  
Investments in mining claims acquired '   '   '   '   (652,000)
Investment written off '   '   '   '   20,000
Property rights written off '   '   '   '   1,637,900
Shares issued for investments acquired '   '   '   '   2,500
Shares issued for services received '   '   '   '   756,826
Additional paid-in-capital realized on shares issued '   '   '   '   606,450
Write down of investment to net realizable value '   '   '   '   37,400
Write down of property and equipment '   '   '   '   7,639
Changes in operating assets and liabilities ' ' ' ' '
Increase/ (decrease) in short term loans (5,216) (4,416) (10,432) (8,483) 19,760
Increase/ (decrease) in due to related parties 18,683 39,986 47,960 94,890 1,087,539
(Decrease) Increase in accounts payable and accrued liabilities 11,321 (3,290) 9,163 (20,648) 481,213
Net cash used in operating activities (935) 2,658 (11,126) 3,180 (1,038,139)
Cash flow used in investing activities ' ' ' ' '
Property rights acquired for resale '   '   '   '   (375,209)
Increase in deferred assets '   '   '   '   (12,507)
Purchase of property and equipment '   '   '   '   (20,238)
Purchase of investment '   '   '   '   (20,000)
Net cash used in investment activities '   '   '   '   (427,954)
Cash flows from financing activities ' ' ' ' '
Issuance of stock '   '   '   '   1,406,600
Wells Fargo Business Line 1,585 '   3,107 '   3,107
Payments made on long term loan (503) 14 (2,045) (4) 57,426
Advances from related party '   '   '   '   '  
Net cash provided by (used in) financing activities 1,082 14 1,062 (4) 1,467,133
Net increase/ (decrease) in cash 147 2,644 (9,135) 3,176 1,040
Cash, beginning of period 893 846 10,175 342 '
Cash, end of period $ 1,040 $ 3,518 $ 1,040 $ 3,518 $ 1,040
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Basis of Presentation
6 Months Ended
Jun. 30, 2012
Accounting Policies [Abstract] '
Basis of Presentation '

1. Basis of Presentation
   
  The accompanying unaudited interim consolidated financial statements of Asia Properties, Inc. (the “Company” or “Asia Properties”), have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission, and should be read in conjunction with the audited financial statements and notes thereto contained in Asia Properties’ Annual Report filed with the SEC on Form 10-KSB. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for fiscal 2011 as reported in the form 10-KSB have been omitted.
   
  Principles of Consolidation
   
  The consolidated financial statements include the accounts of Asia Properties Inc. and its 100% owned subsidiary, Asia Properties (HK) Limited that was registered in Hong Kong on November 7, 2007 , after elimination of all significant inter-company accounts and transactions.

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Going Concern
6 Months Ended
Jun. 30, 2012
Going Concern '
Going Concern '

2. Going Concern
   
  Planned principal activities have begun but Asia Properties has not generated significant revenues to date. The Company had a net loss of $56,888 and had a negative working capital ($1,120,549) and stockholders’ deficit of $495,549 at June 30, 2012. These matters raise substantial doubt about Asia Properties’ ability to continue as a going concern. Continuation of Asia Properties’ existence depends upon its ability to obtain additional capital. Management’s plans in regards to this matter include receiving continued financial support from directors and raising additional equity financing in 2012. These financial statements do not include any adjustments that might result from the outcome of this uncertainty.

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Mining Claims
6 Months Ended
Jun. 30, 2012
Mining Claims '
Mining Claims '

3. Mining Claims
   
  The Company acquired the Banroy Gold Claim on July 18, 2011, consisting of 16 claims covering an area of 677.52 hectares, being valid for 2 years until June 22, 2013 in La Pause Township, Quebec, Canada.
   
  On August 29, 2011, The Company entered into a definitive agreement to acquire the 1325 acre King’s Point, North Block Mining Concession, located in Newfoundland, Canada consisting of 53 claims.

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Related Party Transactions
6 Months Ended
Jun. 30, 2012
Related Party Transactions [Abstract] '
Related Party Transactions '

4. Related Party Transactions
   
  For the six months ended June 30, 2012, Asia Properties accrued $30,000 salary to its CEO. As of June 30, 2012, Asia Properties owed its CEO $902,068 in expense reimbursements, management fees and a note payable in the amount of $10,000 (2011 - $845,036) bearing an interest at 2% per month.

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Short-Term Loan
6 Months Ended
Jun. 30, 2012
Debt Disclosure [Abstract] '
Short-Term Loan '

5. Short-term Loan
   
  The Company borrowed from Capital One $50,000 in February 2008. Required monthly payments are $1,739. As at June 30, 2012, the loan balance owed to Capital One was $31,339 (2011 - $41,791).

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Line of Credit
6 Months Ended
Jun. 30, 2012
Debt Disclosure [Abstract] '
Line of Credit '

6. Line of Credit
   
  The Company has a revolving business line of credit payable to Wells Fargo Bank. As at June 30, 2012, $49,862 (2011 - $47,872) was due to Wells Fargo Bank.

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Commitments
6 Months Ended
Jun. 30, 2012
Commitments and Contingencies Disclosure [Abstract] '
Commitments '

7. Commitments
   
  The Company is committed to pay $100,000 towards mining exploration during the tenure of the King’s Point mining claim option as consideration for the acquisition of mining claims in Canada. The option for this claim was terminated September 26, 2013.
   
  The Company rents an office in Bellingham Washington and an office in Hong Kong each costs $100 per month for rental.
   
  Included in Due to Related Party is a promissory note for a total of $10,000 bearing an interest rate of 2% per month.

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Subsequent Events
6 Months Ended
Jun. 30, 2012
Subsequent Events [Abstract] '
Subsequent Events '

8. Subsequent Events
   
  The Company dropped its option for the King’s Point Claim in October 2013.
   
  The Company renewed its Banroy Claims in June 2013 for an additional two years, until June 2015. In order to complete the extension process, the Company is required to have its work program report verified and approved by a Quebec listed geologist. The Company is currently seeking such a geologist. It should be noted that there is no assurance that the extension to the claims the company owns will be successfully developed. In addition, the claims are subject to extensions being granted by the local government where the claims reside, there is no assurances that those extensions being the original agreed upon term will be extended. However, management is not aware of anything preventing such extensions from being granted.

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Basis of Presentation (Details Narrative) (Asia Properties (HK) [Member])
Nov. 07, 2007
Asia Properties (HK) [Member] '
Percentage of owned subsidiary interest 100.00%
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Going Concern (Details Narrative) (USD $)
3 Months Ended 6 Months Ended 12 Months Ended 171 Months Ended
Jun. 30, 2012
Mar. 31, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2008
Dec. 31, 2007
Dec. 31, 2006
Dec. 31, 2005
Jun. 30, 2012
Dec. 31, 2004
Going Concern ' ' ' ' ' ' ' ' ' ' ' ' ' '
Net loss $ 25,723 $ 31,165 $ 29,622 $ 56,888 $ 62,579 $ 32,957 $ 179,258 $ 114,528 $ 513,977 $ 298,260 $ 252,278 $ 247,792 $ 3,972,475 '
Negative working capital (1,120,549) ' ' (1,120,549) ' ' ' ' ' ' ' ' (1,120,549) '
Stockholders' equity deficit $ (495,549) $ (469,224) ' $ (495,549) ' $ (438,659) $ (751,146) $ (624,388) $ (474,305) $ 1,316,867 $ 1,557,377 $ 1,649,655 $ (495,549) $ (57,953)
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Mining Claims (Details Narrative) (Banroy Gold Claim [Member])
0 Months Ended
Aug. 29, 2011
acre
Jul. 18, 2011
acre
Banroy Gold Claim [Member] ' '
Number of claim acquire 53 16
Area of land 1,325 677.52
Lease term ' '2 years
Lease expiration date ' Jun 22, 2013
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Related Party Transactions (Details Narrative) (USD $)
Jun. 30, 2012
Dec. 31, 2011
Jun. 30, 2012
CEO [Member]
Unpaid management fees ' ' $ 30,000
Due to Related Party 902,068 855,036 '
Note payable $ 10,000 $ 845,036 '
Debt instument interest rate 2.00% 2.00% '
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Short-Term Loan (Details Narrative) (USD $)
1 Months Ended
Feb. 28, 2008
Jun. 30, 2012
Dec. 31, 2011
Debt Disclosure [Abstract] ' ' '
Proceeds from shot term loan $ 50,000 ' '
Repayment of loan 1,739 ' '
Short term loan ' $ 31,339 $ 41,791
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Line of Credit (Details Narrative) (USD $)
Jun. 30, 2012
Dec. 31, 2011
Debt Disclosure [Abstract] ' '
Line of credit $ 49,862 $ 47,872
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Commitments (Details Narrtive) (USD $)
6 Months Ended
Jun. 30, 2012
Dec. 31, 2011
Payment towards mining exploration $ 100,000 '
Promissory note 10,000 845,036
Debt instument interest rate 2.00% 2.00%
Bellingha Office [Member] ' '
Monthly rental 100 '
Washington Office [Member] ' '
Monthly rental 100 '
Hong Kong Office [Member] ' '
Monthly rental $ 100 '
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