YANGON, 18th February, 2018 – ShweProperty.com (Myanmar’s # 1 Property website) recently secured another major 7-digit funding deal. Although the actual size of the investment is undisclosed, the funding was led by a major Emerging markets-focused fund out of London who was an existing investor, with Vostok New Ventures from Sweden and ShweProperty Managing Director […]
Demand for Condo Market Still Weak, but Apartment Sales Rise Fast
Sales and rental demand for condominium properties in Yangon remain weak even though the Condominium Rules have been released for almost two months now. The list of rules, which were released in December, two years after the new Condominium Law was approved, include allowing foreigners to own up to 40 percent of the total floor area […]
Citizens working overseas expected to boost demand for condo market
Real estate portal Shwe Property will be hold their first real estate expo in Singapore this month on August 26 and 27, targeting Myanmar citizens working in the city state. “It’s the first Shwe Property Expo catered to the Myanmar people working in Singapore. “Currently we have already over 1,350 registered visitors who are all […]
Politics and frontier property markets
Myanmar’s election held on November 8, deemed as the country’s first free election in 25 years, caught the attention of people around the world as Aung San Suu Kyi’s National League for Democracy won by a landslide. Considering the date from the Directorate of Investment and Company Administration (DICA) indicating the rise in the real […]