Japanese companies flock to Myanmar

Japanese companies are trying to court Myanmar’s growing middle class. On Dec. 29, Honda Motor opened its 115th motorcycle dealership in the country, in Myitkyina, the capital of the state of Kachin. The Japanese company opened five dealerships in Myanmar in December alone — all in smaller cities. The total number was up 40% from […]

Joint Chambers Networking at Star City on 28 July 2016

The AmCham is organizing the networking event below that is opened to the public. Star City is a massive condominium development by Yoma Strategic Holding way out in Thanlyin area. For those who has not been there this is a great opportunity as transportation is provided by the organizer. To  see what are the business […]

Yoma revs up property development drive in Myanmar

YANGON — Singapore-listed Yoma Strategic Holdings is accelerating its real estate development drive in Myanmar to meet growing local demand for residential units, offices and commercial facilities. Yoma’s move comes as Myanmar has emerged from decades of international isolation and now enjoys high economic growth, making the Southeast Asian country an increasingly promising property market. Yoma […]

Yoma bucks the trend with big projects

Yoma Strategic Holdings has carved its own niche with large-scale township developments. It currently has three ongoing developments in Yangon’s outskirts, and one more large downtown commercial project planned. Yoma Strategic also won the award for Best Developer at the first Myanmar Property Awards held in Yangon last month. Cyrus Pun, executive director and head […]

FMI real estate takes first step outside Yangon with Nay Pyi Taw condo

Interest in Myanmar real estate is leading investors to expand beyond Yangon, as First Myanmar Investment (FMI) public company plans to expand nationwide, according to its chair Serge Pun. The prominent businessman unveiled plans for a 114-unit “Krisplaza condominium” in Nay Pyi Taw during FMI’s annual meeting on November 23. “This project will see us […]

Overlooked Dawbon drawing developers for location and price

Dawbon township has a reputation as a place to drive through, not a place to live in. Sandwiched between Thaketa township and the Pazundaung creek, and previously host to poor infrastructure links and constant flooding, at first glance it did not seem to have a lot going for it. But rising prices for Yangon real […]

Yoma Strategic Rides on Myanmar to Post Profit Bump

Singapore-based property conglomerate Yoma Strategic Holdings (YSH) has posted a tripling of its year-on-year net profit in the first quarter of 2014-15 fiscal year, thanks to valuation gains on its Myanmar projects. Revenue for the group rose 13.9 percent in the first quarter (Q1) of 2014-15 (ended June 30) to S$17.3 million ($13.9 million), it […]

Serge Pun Constructs A Real-Estate Empire In Myanmar

The road to Star City is a rutted two-lane highway that threads past the ragtag outskirts of Yangon, crosses two rusted bridges and ends, almost an hour later, at a slick showroom on a grassy riverbank. A roadside billboard welcomes me to “A Model City of Tomorrow.” After a bumpy ride in monsoon rains the […]