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Colliers Property Report – Myanmar Retail Quarterly Q4 2018

E-commerce and experiential retail growth potential promising Summary & Recommendations Myanmar can be considered a latecomer to the e-commerce wave, having experienced international isolation until 2011. While the country’s e-commerce future looks favourable, a huge amount of work from the government remains, particularly in improving the legislative framework, information and communications technology, and payment infrastructures. […]

Colliers Property Report – Yangon Office Market Quarterly Report Q4 2018

Insurance industry to buoy office market Summary & Recommendations As at the end of 2018, the citywide occupancy breached the 70% mark. Though this is healthy, Colliers has noted the sluggish pace of absorption during H2 2018. While demand appears currently held back given the recent market situation, Colliers remains optimistic that office space requirements […]

Colliers Property Report – Myanmar Condo Q3 2018

NET TAKE-UP UNCHANGED AMID SLIM VOLUME OF UNITS LAUNCHED SUMMARY & RECOMMENDATIONS Despite the limited number of units launched in Q3 2018, the citywide take-up rate remained unmoved. While we see more legislative efforts slowly taking shape, likely also to regain both buyers and developers’ confidence, addressing the overall affordability concern should primarily drive condominium […]

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 […]