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 […]

MIC permits to rent Ministers’ Office for operating as a museum

Myanmar Investment Commission (MIC) has given permission to Anawmar Art Group Co Ltd to rent the Ministers’ Office formerly known as Secretariat’s Office under a BOT agreement for using it as a museum and for other services. MIC permitted 20 foreign and local investment firms, including Anawmar Art Group Co Ltd, to rent space in […]

Retail Market in Yangon 3Q, 2014

Subscribe to our Myanmar Property Mailing List and get notified immediately whenever we have a new report Research & Forecast Report Yangon | Retail Market 3Q 2014 Yangon retail market ripe for expansion Yangon’s retail market is set for major changes with new and modern shopping formats slated to be introduced in the medium term. […]

Office Market in Yangon 3Q, 2014

Subscribe to our Myanmar Property Mailing List and get notified immediately whenever we have a new report Research & Forecast Report Yangon | Office Market 3Q 2014 Rosy outlook for top-tier office developments As at end of the 3Q 2014, grade A local quality office stock was the same at over 34,000 sq m. However, […]

Land and electricity issues push away Samsung’s investment

Samsung, South Korea’s giant electronics company, may cancel its plan to establish a factory in Myanmar, due to lack of guarantees about land availability and electricity, said sources in the manufacturing sector. According to Dr Maung Maung Lay, vice-president of the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), […]

Retail Market in Yangon 2Q, 2014

Subscribe to our Myanmar Property Mailing List and get notified immediately whenever we have a new report Research & Forecast Report Yangon | Retail Market 2Q 2014 Top-tier retail projects – market’s new game changers Large-scale and better quality retail developments are soon to take shape in Yangon as the city transforms itself in to […]

House rental charges up by 10% to 35%

Charges for residential rent in Yangon are up by 10 per cent to 35 per cent in comparison to last year, according to a real estate market survey. Rent for apartment increases by 10 per cent and the condominium lease jumps by 35 per cent. The rent varies in accordance with location and residential quality. […]

Draft town plan to stabilise runaway prices: minister

Land speculators could get their fingers burnt if town planning rules prevent the construction of certain types of building on their property, a government minister has warned. U Soe Maung, Union Minister for the State President’s Office, says that city zoning could help stabilise land prices. Yangon land prices have soared since the introduction of […]

Yangon is 44th priciest city in Asia Pacific

Expatriates and locals alike are complaining about the rapid increase in the cost of living Yangon should remain an attractive work place for expatriates, if their employers base the relocation decision on ECA International’s cost of living survey. The survey, released yesterday, showed that Yangon is the 44th cheapest city in Asia Pacific and 204th […]

Myanmar Railways: Invitation to Open tender for long-term lease, Closing date: 8th May, 2014

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Inviting the Myanmar citizens* who wish to rent a 2 story building (former Division 6 office and located on 1.04 acre land near Insein station and Insein railway football playground, station St, Yangon Region) for long years to […]