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Colliers Property Report – Myanmar Service Apartment Quarterly Q4 2018

SUMMARY & RECOMMENDATIONS Competition is anticipated to gradually intensify as supply is estimated to double in the next two years. This will perhaps be more noticeable in the upscale segment. Meanwhile, the entry of higher quality projects in 2018 has already driven rents towards more competitive levels. Despite the price correction, affordability remains a key […]

Collier Property Report – Yangon Serviced Apartment Q1 2018

Competition Eases Amid Lack of New Supply Average rents inched up during Q1 2018 with no new projects introduced. We expect supply to remain limited at least in the immediate future. Colliers, however, sees competition building up gradually with the stock doubling in the next three years. Meanwhile, a recent study revealed that expatriates in […]

Collier Property Report – Yangon Serviced Apartment Q4 2017

Landlords Face New Competition Ahead We expect competition to gradually intensify with supply doubling within the next three years. This will perhaps be more pronounced in the upscale segment. In fact, the entry of higher quality projects in 2017 has already driven rents towards more competitive levels. There is similarly a notable shift in the […]

Colliers Property Report: Yangon Serviced Apartment Q2 2017

Lower-tier modern developments gaining popularity Lower tier but modern projects are gaining more traction while movements from older and poorly maintained serviced apartments are becoming more apparent. In general, housing budgets remain a key consideration among many businesses and Colliers continuous to urge developers to veer away from upscale offerings, and rather focus on more […]