Collier Yangon Retail Property Report Q2 2018

Colliers Quarterly Review YANGON | RETAIL Q2 2018 6 August August 2018   New Legislation to Further Boost Retail Demand Additional Supply During the Time Period  Supply at the Start of the Year. Colliers expects the retail market to continually propel in the succeeding years. Especially with the recent legislative developments, we see this as […]

Colliers Quarterly Review Yangon Office Q2 2018

  New Supply Exerts Downward Pressure on Lease Rates   Citywide take-up in Q2 2018 remained strong amid further corrections on citywide lease rates. Colliers sees a continuous flight to quality, especially from tenants of informal and older office spaces moving to newer developments. Investment sentiment is positive especially from Asian markets namely China, South […]

Collier Property Report – Yangon Condominium Q1 2018

Clarity on Reforms to Facilitate Market Growth Caused by the slim volume of units launched in Q1 2018, the citywide take-up rate observed a modest increase. While Colliers recognises these minor market improvements, structuring a systematic and efficient reforms will further help the sector realise a more sustainable progress and regain the lost confidence from […]

Collier Property Report – NGWE SAUNG HOTEL & RESORT 2017

Mid-scale Hotels Dominated the Market It was not until the easing of sanctions in 2011 that the pristine coastline of Ngwe Saung gained traction from both domestic and foreign travellers. Ngwe Saung remains an attractive holiday spot for most locals, especially families based in Yangon. Demand appears to be positive with year-round hotel occupancy and […]

Collier Property Report – Yangon Serviced Apartment Q1 2018

Competition Eases Amid Lack of New Supply Average rents inched up during Q1 2018 with no new projects introduced. We expect supply to remain limited at least in the immediate future. Colliers, however, sees competition building up gradually with the stock doubling in the next three years. Meanwhile, a recent study revealed that expatriates in […]

Collier Property Report – Yangon Retail Q1 2018

Retail Offerings Call for Repositioning Yangon’s retail landscape concluded Q1 2018 with a positive beat. Occupancy managed to stay within the 90% range whereas rental levels remained at a stable rate. While 2019-2020 supply figures appear meagre, this should pose encouragement for developers to pursue new projects and position their future offerings by adopting global […]

Collier Property Report – Ngapali Hotel & Resort Q1 2018

Loyal Guests Buoy Occupancy in Select Hotels   Political upheavals surrounding the state have taken a toll on the region’s most famous beach destination. In 2017, hoteliers in Ngapali witnessed sluggish demand as foreign booking cancellations became noticeable. Nevertheless, occupancy levels remained relatively healthy in older developments. Continuous arrivals from unaffected seasoned foreign travellers and […]

Collier Property Report – Yangon Office Q1 2018

Rate Corrections Continue Despite Lack of New Supply Headline lease rates corrected further downwards during Q1 2018 despite the lack of new supply. Occupancy rates, however, improved, particularly in developments which underwent significant price reductions previously. As more international standard office buildings become available Colliers expects rental rates to continue to correct albeit at more […]

Collier Property Report – CONDOMINIUM Q4 2017

Developers Downplay Launches No new launches were witnessed as of end-2017, perhaps owing to the continuous wilting of Yangon developers’ optimism over the market’s current condition. While this year’s take-up per quarter trailed an upward route, Colliers believes that developers still need to reconsider their strategies. If the goal is to realize a sustainable improvement […]

Collier Property Report – UPPER-SCALE HOTEL Q4 2017

New Supply to Bolster Pressure in the Market Yangon’s upper-scale hotel segment has trailed a bumpy road as of Q4 2017. Occupancy levels continue to weaken despite further reductions in the average daily rates. To gain leverage over the already stiff competition, Colliers advises hotels to continually differentiate and shape their offerings in line with […]