Property market still cool despite high expectations

The domestic realty market remains cool despite realtors having harboured high expectations, it has been reported. “Currently, the real estate market is stable and cool because businesspeople are carefully watching the activities of the new government. As the formation of the Myanmar Investment Commission is delayed, foreign investors cannot make any investments whatsoever in the […]

Japan and China buy land plots under Myanmar citizens’ ownership

YANGON—Japan and China have been using Myanmar citizen ownership to close recent purchases of high-rent land plots in the Thilawa Special Economic Zone, real estate agency sources say. “Currently, Chinese are buying buildings in the Shwe Pyi Thar industrial zone, doing business with local businessmen as usual. After the government fixed land prices based on […]