SUMMARY & RECOMMENDATIONS No new completions were observed in Yangon as of Q4 2018. Few select developments that were anticipated to open during the quarter have seen limited construction developments. In turn, increases on both occupancy and ADR levels transpired. Nonetheless, hotel investments in Yangon continue to surge as supported by the new government policies […]
Colliers Property Report : Yangon Office 3Q2018
November 2, 2018 by
Summary & Recommendations Given the absence of new project completions, the citywide occupancy rate further inched up as at the end of Q3 2018. Meanwhile, the net absorption rate at the end of the quarter is only half the amount recorded from the same period last year. Looking ahead, we expect office demand to increase […]
Collier Property Report – Yangon Office Q4 2017
February 22, 2018 by
Competition Exerts Downward Rental Correction There has been a pronounced correction in headline rents. Given the increase in competition and the entry of better-quality projects, landlords are now willing to lower prices to reasonable levels. In fact, older offices, which previously commanded premium rates, have begun adjusting rents appropriate to their quality and offerings. Meanwhile, […]
American chamber gets ready for business
February 14, 2018 by
The American Chamber of Commerce in Myanmar no longer operates under the auspices of its Thai counterpart and has now scaled up its permanent team in Yangon. AmCham Myanmar, established in October 2013, has more than 170 members, which employ over 6,000 Myanmar nationals in total. It seeks to connect American business in Myanmar by […]
Urban Landscape: Yangon — A Missed Investment Opportunity?
July 3, 2017 by
WE were fortunate to be among the first real estate consultants to do business in Myanmar. Since 2012, we have seen a rapid transformation of the urban landscape in Yangon. During a recent trip to conclude a consultancy work for a Japanese client, we are glad to see some of our earlier consulting work completed […]
Colliers Property Report – Yangon Office Market H2 2015
March 24, 2016 by
Research & Forecast Report Yangon | Office Market H2 2015 Market Indicators Yangon office stock ended at over 230,000 sq m of leasable space in 2015, more than twice the previous year. The pipeline remains healthy with more than 100,000 sq m of office space to be introduced annually in the next three years. The […]
Office Market in Yangon 1H, 2015
August 27, 2015 by
Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Research & Forecast Report Yangon | Office Market 1H 2015 Supply pipeline continues to increase as demand dampens temporarily Office supply is projected to double this year with over 140,000 sq m of new leasable space. The increase […]
State of Service Office Business in Yangon 2014
August 22, 2014 by
by Kevin Heng Introduction Myanmar, formerly known as Burma: the final frontier of foreign investment. A hitherto untapped market of 60 million in between the 2 most populated countries in the world. Such clichéd terms are often thrown around in any article one comes across when one is researching on how to invest in Myanmar. […]
