Lack of foreign investors could dampen Myanmar property market, but local demand intact

Foreign investments in the Myanmar real estate sector are expected to decline in 2021 as a result of COVID-19, but some developers reckon there are opportunities to tap demand from local buyers. “It has been difficult for foreign investors to return to Myanmar in 2020 so there is a possibility that investments in the property […]

Property market in Myanmar expected to stay flat till 2020

Myanmar’s property market has been lacklustre since 2015 and this situation is expected to continue until next year, said U Myo Myint, general secretary of the Myanmar Construction Entrepreneur Association during an industry discussion in Yangon last week. “This is the current situation. However, what is good is that there will be no worsening in […]

Condominium by-Laws Delayed With Govt Targeting Completion by Year’s End

A shortage of technical expertise has delayed the issuance of by-laws that would allow sales under the Condominium Law passed last January, industry sources say. Expectations that the law, which was finally passed after considerable debate and delay, would usher in a spate of foreign purchases of Myanmar real estate have so far proved unfounded. U […]

Ex-swimmer Daphne Teo makes waves in Myanmar real estate

Investing in a new market can be risky business, but former national swimmer Daphne Teo is no stranger to diving into the deep end. Ms Teo, now chief investment officer of D3 Capital, is overseeing the development of a mixed-use luxury project that boasts some of Myanmar’s tallest skyscrapers. Called Golden City, the project in […]