Yangon Property Market’s Top End Slowing Down: Report

Developers of luxury real estate projects in Yangon have reported slowdowns in sales of off-plan residential units in the final quarter of 2014, a research revealed. As a result, some developers chose to lower their prices in Q4 by around $20-$30 per sq ft compared to Q3, suggesting that greater competition and a limited buyer […]

Yangon hotel market continues to boom

The social and economic reforms that began in Myanmar in 2011 have allowed tourism to flourish in the country. In the former capital city and still the commercial hub, Yangon, international arrivals grew 46% from 550,000 in 2012 to just over 800,000 in 2013.  The number of arrivals in Yangon remains relatively small compared with […]

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 […]