Yangon’s real estate challenge

After a pause while investors awaited the outcome of elections, the property market in Myanmar’s biggest city is picking up again, but some sectors will do better than others. Myanmar has experienced dramatic changes economically and politically over the past few years. As foreign investors rush to set up shop in the newly open market, […]

New international style shopping plaza in Yangon

Officials took part in opening ceremony for the The Myanmar Plaza, offering a wide range of shops, restaurants and special events as part of a US $440-million development on Kabar Aye Pagoda road in Yangon. The event took place on December 4. The development includes office towers, a hotel and residential apartments. The shopping plaza […]

Foreign developers fuel commercial boom in Yangon

Large commercial complexes are popping up in Yangon as foreign property developers seek to cash in on an expected surge in consumer spending in one of Southeast Asia’s least-developed nations. Vietnamese real estate developer Hoang Anh Gia Lai will partially open a huge commercial complex this month featuring what will be the largest shopping mall […]