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Sino Great Wall: Crashing out on the belt and road

Mottama Holdings invited journalists to a high-profile “topping-out” ceremony for its M Tower project, a 26-storey office building near Hledan junction in Yangon that used prefabricated steel structure from the company’s factory in the city. After putting in place the final steel beam – complete with gold-coloured bolts – more than 100 metres above Pyay […]

Colliers Property Report – Service Apartment Q1 2019

FUTURE COMPETITION POSES INVESTOR OPPORTUNITIES Summary & Recommendations Owing to the construction delays witnessed in majority of projects across the city, no new serviced apartments were introduced as of Q1 2019. In turn, the average occupancy almost reached 80%. Meanwhile, rental rates across all unit categories have remained generally stable QOQ. Given that competition is […]

Collier Property Report: Yangon Upper Scale Hotel Snapshot 1Q2017

Supply As of the first quarter of the year, the total upper-scale hotel stock in Yangon remained at around 3,800 rooms. The growth of supply in the upper-scale hotel market appears to have temporarily slowed down with no new hotel developments being completed during Q1 2017. This comes after only a single upper-scale hotel, Melia […]

Collier Property Report – Yangon Upper Scale Hotel Market 2H2015

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Surge in upper-scale hotel supply leads to further headwinds The upper-scale hotel market expanded noticeably in 2015 to end with more than 3,500 rooms. The number is expected to double in the next four years on the back […]