South Korean Cafe chain Tom n Toms has started to launch outlets in Myanmar. Tom n Toms Myanmar has opened two locations in Yangon so far, at the international airport and the Kantharyar Centre, with a third planned for Yankin Township. Information from Myanmar International Business Alliance Company operation director Aung Sithu Khant revealed a […]
Buyers have the upper hand in beleaguered condo market
September 13, 2018 by
The Myanmar condominium market has developed considerably on the back of changing demand trends in recent years. These days, buyers are looking beyond location and price. They’re now taking size, nearby amenities and resale value into account when purchasing a new condo. The evolving trends could jumpstart growth in the ailing condo market and mark […]
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, […]
Golden City opens grade-A office tower in Yankin
October 24, 2017 by
Golden City officially opened Golden City Business Center (GCBC),which is a four-storey office tower in Yankin township, Yangon, on October 17. The development has a net leasable area of around 150, 000 sq ft. Office rooms of around 1,044 sq ft to 12,755 sq ft in size are available for long term leases. Golden City […]
Emerging Towns & Cities taps Yoma Bank to offer home loans in Yangon project
October 10, 2017 by
EMERGING Towns & Cities Singapore (ETC Singapore) is tying up with Yoma Bank to provide home loans for buyers of its Golden City project in Yangon, Myanmar. Under the strategic partnership, Yoma Bank will offer financing through 15-year home loans for up to 70 per cent of the purchase price, ETC Singapore, a property developer, […]
Rental market in South Okkalapa Township booming
September 7, 2017 by
The quiet township of South Okkalapa is currently experiencing an increase in tenants and the rental market is starting to look interesting, said real estate agents. Compared to other townships, South Okkalapa has fewer residences and is typically an orderly and quiet township. As such, many people are now moving here, said U Yan Aung, […]
Korea Business Centre Opens Doors
December 7, 2016 by
A new business hub opened in Yankin township yesterday, with the Korea Business Centre (KBC) set to offer a range of services from office space hire to start-up consultation and investment matchmaking. The Korea Business Centre is operated by a subsidiary of Korea-based Yulchon LLC, and will provide benefits for the Korean business community. […]
