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Yangon’s real estate challenge

After a pause while investors awaited the outcome of elections, the property market in Myanmar’s biggest city is picking up again, but some sectors will do better than others. Myanmar has experienced dramatic changes economically and politically over the past few years. As foreign investors rush to set up shop in the newly open market, […]

Keppel Land strengthens portfolio in Yangon with the topping up of Sedona’s new wing

Expanding its hospitality business to meet rising demand from businesses and tourism, Keppel Land will add another 420 rooms to its Myanmar portfolio as the new wing of its Sedona Hotel Yangon progresses on track towards completion Keppel Land Limited (Keppel Land) is building on first mover advantage in Myanmar as it expands its hospitality […]

Rich Myanmar people shun Yangon’s property boom to Invest in London

Burma’s richest citizens are taking their money out of the country and investing in upmarket property in London. While foreign investors queue to get into Asia’s so-called “last economic frontier,” millions of dollars are flowing out and into bricks and mortar in the capital of the former colonial rulers, a survey has disclosed. The volume […]

Yangon More Expensive Than Manhattan Sparking Boom: Real Estate

Sean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his U.S.-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than $100 a square foot, compared with less than $75 in downtown Manhattan, according […]