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Colliers Property Report – Yangon Service Apartment Q3 2018

SUMMARY & RECOMMENDATIONS Since Q4 2017, no new projects were introduced. During the past four quarters, Yangon only witnessed renovation and expansion initiatives from the already existing developments. In turn, as at the end of Q3 2018, the citywide occupancy rate managed to rise above 84%. Conversely, rental rates across all unit categories have marginally […]

Collier Yangon Retail Property Report Q2 2018

Colliers Quarterly Review YANGON | RETAIL Q2 2018 6 August August 2018   New Legislation to Further Boost Retail Demand Additional Supply During the Time Period  Supply at the Start of the Year. Colliers expects the retail market to continually propel in the succeeding years. Especially with the recent legislative developments, we see this as […]

Colliers Property Report – Yangon Office Market H2 2015

Research & Forecast Report Yangon | Office Market H2 2015 Market Indicators Yangon office stock ended at over 230,000 sq m of leasable space in 2015, more than twice the previous year. The pipeline remains healthy with more than 100,000 sq m of office space to be introduced annually in the next three years. The […]

Gov’t to Set up More Industrial Parks to Curb Price Manipulation

The authorities are to develop seven new industrial parks as part of the process to restrict price manipulation of industrial lands which are not being used to operate industries, a minister said. “The prices of land in major investment areas keep increasing so we are planning to set up seven new zones to increase supply,” […]

Myanmar retail rental rising

The rising price of rent for Yangon’s street-level shops is being driven by an influx of potential tenants, with some locations demanding six-fold increases from two years ago, store owners say. They said that rapidly rising rental costs are eating into their profits, but constant demand for prime locations is expected to keep commercial rents […]