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 […]

Hotel Market in Yangon 3Q, 2014

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Research & Forecast Report Yangon | Hotel Market 3Q 2014 Upsurge in upper-scale ADR dampens occupancy rates The lineup of upper-scale hotel projects is on the rise on the back of the strengthening tourist and business arrival levels. […]

Retail 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 | Retail Market 3Q 2014 Yangon retail market ripe for expansion Yangon’s retail market is set for major changes with new and modern shopping formats slated to be introduced in the medium term. […]

Office 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 | Office Market 3Q 2014 Rosy outlook for top-tier office developments As at end of the 3Q 2014, grade A local quality office stock was the same at over 34,000 sq m. However, […]

Office Market in Yangon 1Q, 2014

Subscribe to our Myanmar Property Report Mailing List Research & Forecast Report Yangon | Office Market 1Q 2014 Yangon prime office rents, highest in the region Developers continue the process of trying to absorb anticipated demand as the country opens up to more inbound investment. To date, Yangon’s office stock is at 112,000 sq m, […]