Yangon Starts to Control Property Prices, but Rent Is Another Story

YANGON — Realtors say a new tax measure has successful cooled an overheated property market in Myanmar’s biggest city, with sale prices stagnating for high-end properties, but that rental fees have continued to soar. In October, the Yangon divisional government applied fixed values for properties to determine the amount owed in property taxes. Last month, […]