Finding a detached home with a fair price

Asking K2.3 million a month to rent a fully detached house is a tall order in Yangon’s property market, but that’s what the owners of this 4000 square foot house on a 7225 sq ft compound in Thingangyun township is seeking. This large two-storey house is built in an older style, boasting three master bedrooms, […]

A taxing matter for the real estate sector

Will the assessment scheme halt soaring land prices? Real estate agents say a government move to generate more taxation revenue from property transactions has assessed the value of land, houses and apartments in Yangon at about 40 percent of market prices. The reaction follows the release by the Ministry of Revenue and Finance in September […]

Dagon: the new property darling of Yangon

As the international eye of investment turns to Myanmar, the correlating influx of both expats and Myanmar professionals are finding a home on the outskirts of Yangon in the new Dagon townships. The cramped and noisy conditions, coupled with skyrocketing property prices and a dearth of car-parking, are pushing people away from downtown and turning […]