downtown

Lack of safety measures threatens shopping malls

February 18, 2017 by Thiha

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. […]

Filed Under: Latest News Tagged With: 34-storey Diamond Inya building, air conditioners, architectural stage, Bogyoke Aung San Road, bricks, downtown, economic changes of Yangon, electrical engineers, English, fire extinguishing system, five-storey shopping centre, general manager of Asia Construction, Glass, high-voltage cables, investors and visitors, Junction City Tower development site, lack of measures, Mingalar market, Myanmar Language, risk for owners and investors, safety officer, shopping complex, shopping malls, shopping-mall developers, signboards, sufficient fire extinguishers, system of electric components and equipments, Taw Win Centre, tourists and local residents, two emergency exits, U Myat Min Thant, U Yan Aung, Western District Fire Department, Yangon City Development Committee area, YKKO Kyay-Oh shop

Condominium Market in Yangon 1H, 2015

September 23, 2015 by thiha

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% […]

Filed Under: Featured Stories Tagged With: 1H 2015, Condominium Market, downtown, future investments, Galaxy Tower, Gamone Pwint, Inner City zones, IVY by Aspidin Construction & Trading Co., launches, Ltd. and Rose Hill Residences by Soilbuild Group Holding Ltd, Noble Twin Dragon Pte. Ltd, Outer City Zone, project, Pyay Residence, Research & Forecast Report, Swe Daw City, Thanlyin Star City, Yangon

Food Delivery Business in Yangon – is it Viable?

June 9, 2015 by thiha

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 […]

Filed Under: Featured Stories Tagged With: colonial building, downtown, food delivery, food panda, height limit, height restrictions, Heritage Building, population density, preservation, sherpa food delivery, Shwedagon, Sule Pagoda, viable

Yangon Condominium Market Report 4Q 2014

March 3, 2015 by thiha

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 […]

Filed Under: Featured Stories, Property Report Tagged With: 2015, 4Q, 4th Quarter, BOT, Capital City, Capital Development Ltd, colliers, Condominium Market, Crown Advanced Construction, Dagon City, downtown, election, Golden City, inner city, Marga Landmark, Mineral & Construction Co. Ltd and Linn Yi Construction Co. Ltd) in Bahan Township, Outer City, property research report, take-up rate, Thanlyin Star City, The Illustra at Pho Sein (PSWN Development Company Limited) in Tamwe Township; Sanchaung Garden Residence (Sanchaung Garden Development Group) in Sanchaung Township; Royal Sayarsan Condominium (Than H, Time City, unsold inventory, wait and see, Yangon

Condominium Market in Yangon 1Q, 2014

October 21, 2014 by thiha

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 […]

Filed Under: Latest News Tagged With: 1Q 2014, bullish, Colliers International Myanmar, Condominium law, Condominium Market, Crystal Residences, demand, downtown, Foreign Demand, Gems Garden Condominium, Golden City, Golden City project, Golden Land Real Estate Development Co., Hill Top Vista project, inner city, investors, Kantharyar Residences, Ltd, Outer City area, pre-selling, property, property research report, real estate, Research & Forecast Report, residential market, Shwe Taung Development Co., take-up rate, The Atrium and Thanlyin Star City, Yangon

YCDC to Ban Street Vendors from September

July 23, 2014 by thiha

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 […]

Filed Under: Latest News Tagged With: ban, downtown, Myanmar, Street Vendors, Yangon, YCDC

British day out in Yangon

November 20, 2013 by thiha

“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 […]

Filed Under: Latest News Tagged With: Angkor Wat, Attract Investors, Aung San Market, Burmese Days, City Hall, Colonial Buildings, Customs House, Dagon, downtown, economic hub, High Court, King Alaungpaya, Law Court, National Government, Old Yangon, Phaphophon, Port Authority, Rangoon, Renovate, Southeast Asia, Strand Hotel, Stroll, Sule Pagoda, Thant Myint-U, Wi-Fi Connectivity, Wishful Thinking, Yangon River

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

September 7, 2013 by thiha

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 […]

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China’s Huawei market leader in mobile handset in Myanmar

June 22, 2013 by thiha

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 […]