Myanmar Unprepared for Stock Market: Economist

Trading of stocks at the Yangon Stock Exchange (YSX) is expected to begin in March, giving Myanmar people another option to invest their money. Currently, people invest in the property market or the currency market, however, they are less likely to move their investments into the new stock market, a local economist said. “All of […]

Construction market slumped in 2015 but property prices remain high

More investment companies are coming to Myanmar to answer the demand for luxury housing and office space. But although the sales prices for property remain high, the market cooled considerably in 2015, according to real estate experts. The property market dropped faster in 2015 than it has done in any of the previous five years, […]

Construction slows down in Yangon

The number of building projects in Yangon fell from 600 to 400 per month between November and December, according to the Building Department under the Yangon City Development Committee. “The rate dropped in these two months. We had to permit only 400 projects last month,” said an official from the department. Many people blame the […]

Sales in Yangon’s East North New City are ‘dreary’ say realtors

Yangon Mayor U Hla Myint told the regional parliament last June that the East North New City had been awarded first priority among the seven new city projects devised by the Strategic Urban Development Plan for Greater Yangon 2040. He stressed the importance of its location between the future Hantharwaddy Airport and Thilawa Port and […]

Suburban apartment demand soars

People are mainly looking for accommodation in Yangon’s suburbs and outskirts, according to a popular property website., run by the German-based firm Lamudi, said the most visited townships online were north Dagon Myothit, Thanlyin, Mingalardon, Hmawbi, Insein, South Okkalapa and Hledan. “The property market is difficult in the downtown areas. The rents are skyrocketing. […]

Mandalay’s red-hot property market sparks concerns over Chinese investment

Chinese nationals rushing into Mandalay this year are heavily involved in the region’s property market, and their investments are driving prices so high that Myanmar nationals are being displaced from Mandalay city’s centre, according to realtors. Figures from the Immigration and National Registration Department show that since the country opened to foreign investment, more than […]

State of Service Office Business in Yangon 2014

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. […]

Bago property market quiet as investors eye airport’s fate

Prices for Bago Region property near the border with Yangon Region have cooled as no new developer for Hanthawaddy Airport has been announced. Property in Bago was snapped up as momentum behind the new international air hub for Myanmar appeared to grow last year, with speculators anticipating economic spillover from the US$1 billion project, but […]

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, […]

Yangon Rental Costs in the Spotlight After Unicef Outcry

YANGON — Following an outcry over the revelation that the United Nations Children’s Fund (Unicef) is paying a steep rental fee to a former military official, other international organizations operating in Myanmar are facing calls to be transparent about their rental arrangements in Yangon. Last week, Unicef admitted that it pays US$87,000 per month for […]