Infrastructure development critical for Myanmar to woo investors, forum hears

SINCE MYANMAR’S lack of adequate infrastructure may deter potential investors, the government must urgently bring infrastructure development into focus, according to the Myanmar Infrastructure Forum held on Friday. The government’s clear decisions would drive the future of Myanmar, said Teo Eng Cheong, CEO International of Singapore, North Asia and Southeast Asia at Surbana Jurong Private […]

Colliers Property Report – Yangon Office Q3 2017

Upward Trending Demand amid Stabilised Rents Demand for office space has improved over each of the last five quarters as rents have stabilised at competitive levels. As of Q3 2017, the average occupancy rate reached more than 70%, a level last seen in 2015. Looking forward, economic reforms such as the new Myanmar Investment Law […]

Transport and energy access barriers to Myeik industrialisation

The city in Tanintharyi Region amounts to far more than the gateway to over 800 islands of the archipelago. Access to energy and transport infrastructure remain the biggest barrier for industrialisation to take off in the city and its hinterland. The latest Colliers International report stated that Myeik has made great strides over the past […]

Car Parking Requirements Add to Continuing Woes

The condominium market in Myanmar’s commercial capital remained sluggish in the first quarter of 2017 with lacklustre sales being recorded for most projects, according to the latest report by Colliers International Myanmar. According to The Htet Oo, research and advisory assistant manager at Colliers International, the number of condominium units launched in the first quarter […]

Yangon high-rise review divides officials

  The chair of Yangon Region parliament’s economic committee has spoken out in support of developers, after they were ordered by a separate committee to change their project designs as part of a city-wide review of high-rises under construction. Daw Sandar Min, who heads the regional Finance, Planning and Economic Committee, said developers had suffered “enormous […]

Experts call for stronger property laws in Myanmar

MYANMAR’S real-estate market would become more buoyant if regulations on pricing and related issues were to be strengthened, experts said recently. At the “Property Report Congress Myanmar 2016”, developers and bankers urged the government to improve infrastructure and regulatory reforms. Tony Picon, managing director of Colliers International Myanmar, said the country needed to control property […]

Myanmar expects competitive realty prices by 2018

Exorbitant property prices, highlighted as one of the biggest business barriers in Myanmar, are expected to be brought down to a level competitive with that of neighbouring countries by 2018. Moe Thida, deputy director of the Construction Ministry’s Urban and Housing Development Department, told the Myanmar Global Investment Forum last week that some measures have […]

Retail Market in Yangon 4Q, 2014

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Research & Forecast Report Yangon | Retail Market 4Q 2014 Rental rates surge over robust demand Yangon’s retail stock expanded in 2014 to end at 150,000 sq m. That number is expected to grow significantly in 2015 following […]

Office Market in Yangon 4Q, 2014

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Research & Forecast Report Yangon | Office Market 4Q 2014 Supply pipeline increases amid growth in demand New office supply targeted for completion in 4Q 2014 slides as developers struggle to meet their deadlines. As a result, the […]

Serviced Apartment Market in Yangon 3Q, 2014

Subscribe to our Myanmar Property Mailing List and get notified immediately whenever we have a new report Research & Forecast Report Yangon | Serviced Apartment Market 3Q 2014 Chronic future undersupply as expats swell As at the end of 3Q 2014, the total supply stock of serviced apartments in Yangon improved by 2% quarter-on-quarter following […]