Growth in condo sales forecast despite lack of new developments
An absence of new condominium development launches signals a decrease in developers' confidence, but sales growth is forecast thanks to an increase of lower to mid-tier projects, Colliers International Myanmar Condominium Quarterly Review Q2 2018 has found.
"Untapped market potential" for residential development
The residential development for the low and mid-income market with affordable prices reflects "significant untapped market potential", says PwC Myanmar.
Easing of trading restrictions fuels demand, Colliers report finds
Colliers International Myanmar Quarterly Review Yangon Retail Q2 2018 reveals recent legislative developments are to thank for a promising upcycle in retail and wholesale trading.
Mandalay authorities to seize resold and rented apartments
In an effort to reduce squatters, The Mandalay City Development Authority will begin seizing apartments that have been resold and rerented in low-cost housing buildings along Strand Road.
Myanmar allows 100% foreign ownership in retail sector
Newly amended regulations issued by the Ministry of Commerce have opened Myanmar's retail and wholesale sector to allow foreigners 100% ownership in retail operations.
Legislative developments to "propel" demand and competition
Colliers International Myanmar Quarterly Review Yangon Retail Q2 2018 reveal that recent legislative developments show a promising sign that demand may be driven towards a lengthy upcycle.
'Burma' the new hotspot for SE Asia's tourism industry
Leading hospitality expert, Grant Raymond Jefferies, discusses Myanmar's tourism industry and its potential to be a leading hotspot destination for South East Asia.
Serge Pun of Serge Pun & Associates offers insight into the future of Myanmar's development as a nation with a particular focus on the importance of city planning.
Turning point expected in Mandalay property market
While a slower economy and high property taxes are being blamed for declining real estate sales, Colliers International predict a turning point in Myanmar's real estate market.
