Ushering in a new era for bamboo buildings

Easily obtainable from the jungle, bamboo has many uses, for household goods, roofs, walls and shelters dating back to ancient history. As a building material, it is affordable even for the poor. Enter Ko Soe Win Zaw, a civil engineer born in Shan State, who is using bamboo to construct buildings for the rich. The […]

A touch of micro financing for renting homes in Yangon

As more and more people move to Yangon to seek work every year, the housing shortage in the city becomes increasingly acute. One form of housing that has emerged to serve the needs of middle-class workers seeking accommodations is hostels and rented rooms. Even as the rest of Yangon’s property market remains flat, demand for […]

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 […]