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Colliers Property Report – Myanmar Condo Q3 2018

NET TAKE-UP UNCHANGED AMID SLIM VOLUME OF UNITS LAUNCHED SUMMARY & RECOMMENDATIONS Despite the limited number of units launched in Q3 2018, the citywide take-up rate remained unmoved. While we see more legislative efforts slowly taking shape, likely also to regain both buyers and developers’ confidence, addressing the overall affordability concern should primarily drive condominium […]

Developers to challenge results of high-rise review

High-rise developers ordered to drastically change the designs of their projects are planning to challenge the government, on the basis that its review of Yangon developments was not transparent. A high-rise inspection committee was formed last month to review 64 unfinished projects across the city, to ensure they were in line with draft zoning plans. The committee […]