Colliers Property Report – Yangon serviced apartment supply Q3 2020

Summary & Recommendations As of Q3 2020, Yangon’s serviced apartment market witnessed a decline in demand albeit modestly compared to the level a year ago.The overall performance,in fact,appeared more resilient than expected especially in comparison to their hotel counterparts.Moving froward,Colliers sees serviced apartment likely to fare better given its self-contained environment and more personalized offerings […]

Colliers Property Report –Yangon serviced apartment supply Q1 2020

Summary & Recommendations As more and more townships in Yangon go into lockdown as a result of COVID-19, the serviced apartment sector is expected to experience a long stall in demand and possible decline in occupancy given recent repatriation of many expatriates. This downward pressure will be further exacerbated by a significant increase in supply […]