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Colliers Property Report – Colliers Myanmar Condo Q4 2018

SUMMARY & RECOMMENDATIONS Towards the end of 2018, the citywide take-up rate remained below the 60% mark. Given the relatively poor sales performance of majority of condominium projects in Yangon, we embolden developers to start expanding their target market and introduce more low and mid residences. We predict that lower-tier but modern apartments and condominiums […]

Yangon residence to be showcased in Singapore

Myanmar developer United GP Development will hold a Yangon property show in Singapore this weekend to attract Myanmar nationals living in the city state to invest in a 27-storey luxury condominium located in Bahan township. The 68 Residence mixed-use project will be exclusively marketed in Singapore by Orange Tee, a local real estate agency. The […]

Condo developers banking on diaspora dime

The developers behind a planned 27-storey luxury Yangon condominium project say they expect Myanmar expats living in Singapore to make up a significant share of their buyers following sales events planned for later this month. The consortium led by Singapore-based CapitaLand Limited will hold events in the city later this month to promote its 369 […]