Rental market in South Okkalapa Township booming

The quiet township of South Okkalapa is currently experiencing an increase in tenants and the rental market is starting to look interesting, said real estate agents. Compared to other townships, South Okkalapa has fewer residences and is typically an orderly and quiet township. As such, many people are now moving here, said U Yan Aung, […]

Mandalay’s red-hot property market sparks concerns over Chinese investment

Chinese nationals rushing into Mandalay this year are heavily involved in the region’s property market, and their investments are driving prices so high that Myanmar nationals are being displaced from Mandalay city’s centre, according to realtors. Figures from the Immigration and National Registration Department show that since the country opened to foreign investment, more than […]