The numbers of high-quality housing projects and highrise apartments have increased substantially in Yangon over the past five years. Although the property market has slowed overall, demand for luxury accommodation has looked more positive. Both residents and investors are interested in this market. As condos and apartments are still the only viable option for foreigners, […]
Colliers Property Report – Condo Q1 2019
June 14, 2019 by
LOWER-TIER PROJECTS MORE ATTRACTIVE Summary & Recommendations The share of pre-selling upscale condominiums remains excessive, driving the overall sales performance to continually dwindle over the past years. In a bid to recuperate buyers’ appetite, most projects now come under pressure to keep sales prices modest. This has become even more pronounced with some developers adjusting […]
Buyers in Singapore snap up US$6 million worth of Myanmar property
March 18, 2019 by
Myanmar citizens based in Singapore snapped up US$6 million worth of apartments and condominium units in Yangon at a two-day real estate fair held in the city state earlier this month. Hosted by iMyanmarHouse.com, Myanmar’s largest online property portal, the expo has been held at least once a year in Singapore since 2015 and targets […]
Business hub sets up shop in Dagon
June 12, 2014 by
The York Center office building on Yangon’s Yaw Min Gyi Street aims to open its door this month, offering minimum six-month leases to firms looking for office space. Scipio Services has agreed to a management services agreement with the property owner, rather than developing the project through a long-term lease on Build-Operate-Transfer terms often employed […]
