5th Yangon Property Exhibition – Over $11 million USD worth of properties sold

The 5th Yangon Property Exhibition, organised by leading property website iMyanmarHouse.com, took place over 19th-21st May 2017. The event brought together over 50 property developers and real estate companies hoping to sell their wares to over 12,000 eager attendees. More than 120 new development projects were showcased at the exhibition, ranging from high-end condos to […]

Japanese buyers put off by high prices of Myanmar coffee

AN appreciation in the value of coffee beans this year from Ywangan township, located in the Danu Self Administrative Region of Shan State, has put off Japanese buyers, according to the Mandalay Coffee Association (MCA). A ton of Ywangan coffee beans fetched $3,300 in 2015. But this month, which marks the end of the 2016 […]

Buyers losing money in land scams in Dagon Myothit, Thanlyin

People seeking to buy land have lost money in scams in which brokers resell blocks in four townships in Dagon Myothit and Thanlyin with the use of fake contracts and help from officials at the Human Settlement and Land Record Department and Yangon City Development Committee. Phoe Phyu, a lawyer from Purple Equity law firm, […]

Govt Measures Fail to Cool Yangon’s Overheated Property Market: Experts

Property prices in Rangoon continue to soar and government measures to cool down the real estate market in Burma’s biggest city are failing to make an impact, according to property agents and economists. They said the government should revise its property tax policies in order to stop further price rises. Currently, real estate buyers can […]