YANGON — Singapore-based real estate company Oxley Holdings and its consortium partners have been named the preferred bidders for redevelopment around the Yangon Central Railway Station, a $2.5 billion project by government estimate. The company has won preferential negotiation rights along with Chinese construction company Sino Great Wall and Myanmar developer Min Dhama. The order […]
Yangon developer looks to cash in on loop line improvements
January 23, 2018 by
YANGON — The Japanese trains trundling along the line that loops around Myanmar’s commercial capital, Yangon, are a throwback to an earlier era and a far cry from the modern carriages that whiz through Tokyo. But improvements to the Yangon Circular Railway are likely to speed things up a bit, starting this year, and they […]
Yoma Strategic Holdings Ltd’s Latest Chairman Letter: 3 Things Investors Should Know About Its Growth Opportunities
January 10, 2018 by
Yoma Strategic Holdings Ltd (SGX: Z59) is a conglomerate that focuses on Myanmar. It has business interests in a wide variety of sectors in the country, such as real estate development, agriculture, tourism, vehicle distribution, and food and beverage retail. In Yoma Strategic’s latest annual report for its fiscal year ended 31 March 2017 (FY2017), […]
Telecom Sector Draws Foreign Investment
January 8, 2018 by
YANGON — The Telecommunications sector has become the top destination for foreign investment under the National League for Democracy (NLD) government, according to the Directorate of Investment and Company Administration (DICA). “Under the previous governments, most of the foreign investments went to the energy and electricity sectors. But foreign investment in the telecommunications sector has […]
Citizens working overseas expected to boost demand for condo market
August 28, 2017 by
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 […]
Foreign investment slumps by nearly US$ 650 million
December 9, 2016 by
Foreign direct investment (FDI) as of the end of November in the current fiscal year slumped by nearly US$650million when compared to the similar period last year, according to statistics released recently by the Directorate of Investment and Company Administration (DICA). In the same period, FDI of US$3,943.184million entered Myanmar in the 2015-2016 fiscal year, […]
Mitsubishi Consortium to Build Yangon Complex
November 25, 2016 by
TOKYO — A Japanese consortium that includes developer Mitsubishi Estate and trading company Mitsubishi Corp. will build a commercial complex in Yangon in partnership with local developers. The project, in a country often referred to as Asia’s last frontier, includes two office buildings, condominiums and a hotel and services unit on a 4-hectare site in […]
Chinese group Toener to develop 31-acre luxury complex in Yangon
June 18, 2016 by
The Chinese investors behind a major residential project in Yangon are preparing to launch another huge development on a 31-acre site beside the city’s Hlaing River. The Riverfront Garden sales gallery has already been built beside the Hlaing River. Photo: Riverfront Garden / FacebookThe Riverfront Garden sales gallery has already been built beside the Hlaing […]
Retail Market in Yangon 4Q, 2014
February 13, 2015 by
Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Research & Forecast Report Yangon | Retail Market 4Q 2014 Rental rates surge over robust demand Yangon’s retail stock expanded in 2014 to end at 150,000 sq m. That number is expected to grow significantly in 2015 following […]
