Sales to rise, prices to fall, say Yangon real estate agents

Real estate is likely to bounce back in 2016 after more than a year of depressed sales, while prices will fall as new supply comes online, said investors and agents. Following a relatively smooth election, the volume of transactions will be “back to normal”, they said, referring to last year when the industry was thriving. […]

Caution urged for Yangon BOT property sales

The sale of units in built-operate-transfer (BOT) housing developments has slowed almost to a standstill, as buyers grow increasingly wary of the risks, according to commentators. In 2011, ministries began to tender land, with a view to developing the plots through public-private-partnerships. These were known as BOT contracts. Typically, the tender winner agrees to rent […]