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Colliers Property Report – Yangon Service Apartment Q3 2018

SUMMARY & RECOMMENDATIONS Since Q4 2017, no new projects were introduced. During the past four quarters, Yangon only witnessed renovation and expansion initiatives from the already existing developments. In turn, as at the end of Q3 2018, the citywide occupancy rate managed to rise above 84%. Conversely, rental rates across all unit categories have marginally […]

Colliers Property Report : Yangon Retail 3Q2018

SUMMARY & RECOMMENDATIONS As at the end of Q3 2018, citywide occupancy level remains at a healthy state, however a slight decline was observed following the recent flight to quality for some tenants. Given the strong development pipeline for 2019, along with the changing demographics such as the increasing young population, Colliers encourages both developers […]

Colliers Property Report : Yangon Office 3Q2018

Summary & Recommendations Given the absence of new project completions, the citywide occupancy rate further inched up as at the end of Q3 2018. Meanwhile, the net absorption rate at the end of the quarter is only half the amount recorded from the same period last year. Looking ahead, we expect office demand to increase […]

Colliers Property Report: Yangon Condominium Quarterly Review Q2 2018

    Developers Remain on the Lookout Paul Ryan Cuevas Analyst | Research & Advisory Developers’ confidence remained downbeat as reflected on the absence of new launches as of Q2 2018. While few select developments have significantly lowered their selling prices, citywide take-up rate further lagged downhill. The introduction of more lower to mid-tier projects […]

Colliers Property Report: Yangon Hotel Quarterly Review Q2 2018

  Influx of Asian Tourists Spurred Demand Paul Ryan Cuevas Analyst | Research & Advisory As of H1 2018, Yangon witnessed a significant 6% YOY rise in the citywide occupancy rate. Resulting from the improvements in the overall tourist arrival figures coupled with the absence of project completions in Q2 2018, occupancy almost breached the […]

Colliers Property Report: Yangon Serviced Apartment Q2 2018

  Weak supply pipeline in the near term Paul Ryan Cuevas Analyst | Research & Advisory For the past three quarters, no new projects were introduced. However, a slight uptick in stock was recorded. This was mainly driven by renovations and expansion done by the existing serviced residences. As a result, both the average occupancy […]

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 […]