High tax rate resulted in low demand in condominium market

With the high tax rate levied on property, the luxury condominium market is cooling, the developers said. According to the new Condominium Law, 20 per cent of the value of a condo worth between Ks 30 and Ks 100 million if the buyers failed to explain how they earn and 30 per cent for a […]

Condominium Market in Yangon 1H, 2015

Research & Forecast Report Yangon | Condominium Market 1H 2015 Sales continue to dampen; project launches to hit new record low this year The number of condominium units launched in 1H 2015 continued to be robust despite the weakening sales performance from both new and old projects. The sales take-up rate dropped significantly by 20% […]

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 […]

Condominium Market in Yangon 1Q, 2014

Subscribe to our Myanmar Property Mailing List and get notified immediately whenever we have a new report Research & Forecast Report Yangon | Condominium Market 1Q 2014 Demand shifts to modern and better quality condominium projects Developers in Yangon are bullish towards the residential market amid growing interest among local end-users and investors. In 1Q […]