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 […]
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 […]