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Serviced Apartment Market in Yangon 2014

Research & Forecast Report Yangon | Serviced Apartment Market 2Q 2014 New waves of expatriates to face accommodation challenges Despite the introduction of substantial supply in late-2013, occupancy rates quickly rebounded in the last six months driven by the continuous rise in corporate requirements. As at the end of 2Q 2014, the rate ended at 96%, and is geared to hit fullyoccupied levels towards the remainder of 2014. However, the projected number of new supply remains inadequate … [Read More...]

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