Collier Yangon Hotel H1 2016 Review

Correction in ADR observed amid rising competition The hotel market in Yangon is currently in a state of rapid transition with supply rising to unprecedented levels. Colliers expects competition to further build up, and the correction in ADRs to be more pronounced in the near to medium term. Forecast at a glance   Demand – […]

Consumer Spending and Poor Online Shopping Rates Push Retail Space to the Brink

Retail space in Yangon is getting sparse as more stores, both local and foreign, establish themselves in the city to cater to the growing middle class’ retail shopping needs. Shopping malls across the city have and continue to upgrade in anticipation of new projects as consumer spending in Myanmar continues to increase and caters to […]

Mandalay’s Property Market Immature, but Set to Rise – Report

Myanmar’s second city is ripe for expansion in the real estate market, according to report from developer Colliers International. The city’s property growth is currently upheld by an expansion of small hotels working to meet Myanmar’s growing tourism trade. Larger hotels have also set up shop, with five high-end hotels currently in the city of […]

Upper Scale Hotel Market in Yangon 1H, 2015

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Research & Forecast Report Yangon | Upper Scale Hotel Market 1H 2015 Stronger supply pipeline despite less enthusiastic demand A total of 489 upper-scale hotel rooms were delivered in the 1H 2015 following the completion of two new […]

Yangon Condominium Market Report 4Q 2014

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Research & Forecast Report Yangon | Condominium Market 4Q 2014 Project launches increase despite weakening take-up rate Developers remained confident as project launches continued to soar in 2014, hitting a new record high of 4,150 condominium units, tripling […]

High Leasing Cost to Keep Deterring Investors: Colliers

Subscribe to our Myanmar Property Mailing List and get notified immediately whenever we have a new report The high rental cost in some industrial zones in Yangon will continually deter interested investors, although the leasing industry will start to perform better this year, according to a report by Colliers International. In Myanmar, quality industrial land […]

Foreign investment in Myanmar surges, office rents sizzle

Myanmar has approved more foreign direct investment in the past five months than all of last year, but companies setting up operations in the hot frontier market face a growing problem: Southeast Asia’s highest office rental rates. Myanmar has approved FDI projects worth more than $1.8 billion from the start of the fiscal year on […]

Yangon More Expensive Than Manhattan Sparking Boom: Real Estate

Sean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his U.S.-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than $100 a square foot, compared with less than $75 in downtown Manhattan, according […]

Opportunities and challenges as Colliers opens office in Myanmar

Colliers International becomes the first international real estate services company to open an office in Myanmar. “We see huge potential in the country, with many of our clients seeking new opportunities in what is arguably the last major frontier market in the region,” CEO Piers Brunner said yesterday. “It is important for us to have […]