Myanmar real estate reforms seek to boost foreign property investment
Foreign investment in Myanmar real estate looks set to rise in 2018 following recent announcements regarding the rules governing development and sale of condominiums.
According to the recently released 2017 Mandalay Property Market Report from Colliers International Myanmar, Mandalay's property landscape is moving ahead, while the growth potential remains promising. Going forward, the firm advises future projects to offer an upgrade in terms of living quality...
Competition exerts downward rental correction in Yangon's office market
Competition pressures price corrections in headline lease rates, a first in almost five quarters according to Colliers International’s latest Yangon Office Report. The entry of better quality projects forced older developments to adjust their asking rates to better reflect their market...
Gurner St Moritz $30m penthouse breaks Melbourne record after being sold to Antony Catalano
Luxury property developer Gurner has smashed Melbourne’s price record for the most expensive apartment sale, contracting the illustrious $30m penthouse at its ultra-luxury Saint Moritz development in St Kilda to a high-profile Melbourne family.
Karlo Pobre, Deputy Managing Director for Colliers International Myanmar and Paul Ryan Cuevas, Analyst for Research, Valuation and Advisory of Colliers International Myanmar reveal that Yangon's serviced apartment sector saw marginal increases in occupancy, in the Yangon Serviced Apartment Market Quarterly Report Q2 2018.
