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Yoma Land rebrands housing projects to push sales

Yoma Land last week held an event to promote and sell units at three of its projects: StarCity, Galaxy Towers and Lotus Hill in Pun Hlaing Estate. The projects were branded as special lifestyle residential homes equipped with spacious landed compounds, full services and facilities. This attracted the interest of local and foreign buyers, said […]

FMI ventures into affordable housing

First Myanmar Investment (FMI) will be investing in the affordable housing sector in a bid to offset falling revenue from its construction businesses, FMI chair Serge Pun said during the firm’s 26th annual general meeting, held at the Yangon National Theatre, on July 29. He said the domestic property sector has no demand as those […]

Demand from education providers jolts real estate market

The Yangon real estate sector has received a much-needed boost from an unlikely source: education providers. Since foreigners were permitted to wholly invest in the provision of educational services in the country earlier this year, demand for high-standard condominium and office units has surged. This is because education investors find leasing or buying condominium or […]

Yoma Strategic unveils new plans, new name

The family-run holdings company behind Yangon luxury developments Pun Hlaing Estate, StarCity and Yoma Central announced on June 26 that the real estate portion of their business dealings will be rebranded under the name Yoma Land and that they will also be delving into “mass market product offerings.” While Yoma Land Managing Director Cyrus Pun […]

Yoma Strategic rebrands to expand property business

YOMA STRATEGIC Holdings Ltd announced yesterday the launch of Yoma Land, a property-focused company that will unify all their real estate projects in Myanmar, according to Cyrus Pun, the firm’s managing director. Speaking to a small group of invited journalists, Pun said, “By grouping all our real estate projects under one umbrella brand, one identity […]

Yoma Strategic posts strong Q3 results, shares dip

Yoma Strategic Holdings, which does business in Yangon but is listed in Singapore, on Tuesday released its financial statements for the nine months ended December 31, 2017. The company drew revenues amounting to S$82.9 million for the period, which is up 24.3 percent over the same period last year. Owing to the disposal of its […]

YSH’s real estate head upbeat on their Yangon landmark project

Cyrus Pun, Executive Director of Yoma Strategic Holdings Ltd, says the Yoma Central is considered one of the largest foreign direct investments in Myanmar’s real estate sector with an investment of more than US$700 million. In a recent interview with Mizzima, Mr Cyrus Pun said the landmark project is important for the real estate sector […]

Yoma Throws Weight Behind Office Space Demand and Urban Development

A great many metropolises in Asia are defined by their skyscrapers — one only has to think of the Petronas Towers in Kuala Lumpur and Lord Norman Foster’s HSBC headquarters in Hong Kong. But while high-rise building lace the skylines of major Asian cities like Singapore, Jakarta and Bangkok, Yangon stands as an exception. Last month, […]

Yoma Strategic Posts 54% Jump in Q1 Profit

SINGAPORE – Yoma Strategic Holdings said on Wednesday (July 26) that net profit for the first quarter jumped 54 per cent to S$2.8 milion from S$1.8 million in the year-ago period. Revenue for the three months to end-June grew 46.8 per cent year-on-year to S$25.8 million as the Myanmar-focused group saw better operational performance across […]

Golf industry in Myanmar Ready to Tee Off

​​ YANGON: When the Han brothers left Myanmar more than 35 years ago, their pursuit of professional golfing careers was an almost unknown concept in their homeland. Chan Han recalls telling his uncles and aunties his plan to move overseas and start taking the game he loved seriously. “They told me: ‘You went to college, […]