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Colliers Property Report – Condo Q1 2019

LOWER-TIER PROJECTS MORE ATTRACTIVE Summary & Recommendations The share of pre-selling upscale condominiums remains excessive, driving the overall sales performance to continually dwindle over the past years. In a bid to recuperate buyers’ appetite, most projects now come under pressure to keep sales prices modest. This has become even more pronounced with some developers adjusting […]

City Loft apartment sales gallery opened to the public

Yoma Land has just opened the City Loft @ StarCity Sales Gallery to provide apartment buyers an opportunity to view properties. City Loft @ StarCity is being built on a 22-acre master-planned site at StarCity in Yangon’s Thanlyin Township. The project is said to target the underserved middle-income market in Yangon and combines a competitive […]

City Loft opens for sale on the back of rising demand for Thanlyin property

Units of City Loft apartments in Thalyin, Yangon, are now open for sale. Developed by Yoma Land Company, the project targets middle-class buyers. City Loft will occupy 22 acres of land in the StarCity compound in Thalyin, another project developed by the Yoma Land. Phase 1 of the project, which is expected to be complete […]

FMI changes name, revises constitution

Yangon Stock Exchange-listed First Myanmar Investment (FMI) Company announced on Saturday that it will be adopting a new name and constitution in accordance with the Myanmar Companies Law. At the first special general meeting held in Yangon’s National Theatre, the firm said that a new constitution will replace current memorandum and articles of association, as […]

Yoma Land targets middle-income buyers with new property project in Yangon

Yoma Land this month introduced a new real estate project targeted at middle-income earners. The firm, an umbrella branch of Yoma Strategic and First Myanmar Investment Company, on December 21 launched City Loft, a new property project targeting young working professionals. The property will be developed in phases at a 22-acre site within Yoma’s Star […]

Yoma Land to launch City Loft in StarCity in January 2019

Yoma Land has revealed details of City Loft, a new real estate offering targeting the underserved middle-income market in Yangon. City Loft combines a competitive price point with mortgage repayment terms of up to 25-years, making homeownership accessible to many who would traditionally be priced out of the real estate market. The company says the […]