Rent falls for Yangon expats

More supply and fewer foreign renters have caused rental prices in the high-end expat Yangon property market to fall, according to real estate industry figures – but a lack of data means the extent of the drop is hard to quantify. More landlords furnishing apartments to appeal to foreigner workers, the changing nature of the […]

Zaykabar launches Pyay Garden Office Tower for rent

An office tower built by Zaykabar Group on Pyay Road has opened for business. The company started to develop the site of the project in 2000, building a residential tower, which has not yet opened. Construction of Pyay Garden Office Tower began in 2013. “We built this tower based on our own experience and office […]

Strangled by traffic in Yangon

Yangon, Myanmar – Three years ago, tens of thousands of vehicles flooded into Myanmar’s largest city after international economic sanctions on the country were eased. Now, Yangon’s asphalt arteries are gridlocked. What was once a 15-minute commute from the downtown area to Yangon International Airport – just 16 kilometres away – can now take as […]