Sale of condominiums may boost country's economy, says MCEA President
President of Myanmar Construction Entrepreneurs Association (MCEA), Shein Win says the sale of condominiums may boost the economy, and while Colliers International agrees, other real estate sectors should also be looked into.
Affordability issues continue to persist in Yangon
A slight uptick in overall sales of condominiums in Yangon follows pricing promotions for many projects, but, Colliers sees the performance as temporary, and the strategy as financially unsustainable.