Lack of safety measures threatens shopping malls

Despite Myanmar’s softer-than-expected growth, there are still fairly visible developments compared to the years before 2010. A rise in the number of shopping malls is a striking testimony to the recent economic changes of Yangon. This trend has intensified since 2012, when plush shopping malls started reaching beyond downtown into other areas of the city. […]

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% […]

Food Delivery Business in Yangon – is it Viable?

Now that the monsoon season has started in Yangon it might be easier to eat-in during lunch or dinner time. Unfortunately, for Yangonites that are trying to avoid getting drenched during the wet season, few restaurants offer delivery and there are little to no choice when it comes to food delivery services that are of […]

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 […]

YCDC to Ban Street Vendors from September

The Yangon City Development Committee (YCDC) has announced that beginning in September street vendors will be banned in 33 townships that make up YCDC’s territory. Currently, street vendors are allowed to setup stalls on the pavement between the hours of 3-9 pm. YCDC said street vendors and stalls are causing disruptions to passing pedestrians, contributing […]

British day out in Yangon

“See Bagan and live. See Angkor Wat and die,” says my guide Phaphophon Chantharawattanakul, quoting British historian Arnold Toynbee, as he leads me on a stroll through the streets of Old Yangon. “See Yangon and cry,” I retort, narrowly avoiding getting run over as we brave Yangon’s crazy traffic to reach Sule Pagoda. Founded and […]

Govt Measures Fail to Cool Yangon’s Overheated Property Market: Experts

Property prices in Rangoon continue to soar and government measures to cool down the real estate market in Burma’s biggest city are failing to make an impact, according to property agents and economists. They said the government should revise its property tax policies in order to stop further price rises. Currently, real estate buyers can […]

China’s Huawei market leader in mobile handset in Myanmar

Chinese telecom companies are enthusiastic about Myanmar’s efforts to boost its underdeveloped telecom market, said a high-level manager at the Myanmar branch of a top Chinese telecom company. “The inflow of top telecom operators from all over the world creates a brilliant opportunity to upgrade the country’s telecom sector,” said Ren Geng, managing director of […]