With its high upfront fees, Yangon’s active rental market could be incentive enough for investors to purchase properties in Myanmar. Rental season in Myanmar has started and will be “extremely active” until the Thadingyut Festival in October, Echo Myanmar senior account executive Kyi Phyu Sin told Myanmar Times, citing experts with the Aung Si Hein […]
Myanmar Luxury Property Hampered by Confusion Over Law on Foreign Buyers
March 28, 2017 by
Confusion over a law allowing foreigners to buy condominiums in Myanmar is prolonging a slowdown in its residential property sector, highlighting the challenges of regulatory flux in the frontier market. The legislation adopted in January 2016 leaves unanswered questions such as whether it applies to existing apartments, hurting efforts to woo investors. The outlook now […]
