Colliers Myanmar predict that lower-tier but modern apartments and condominiums will witness better sales performance
The Colliers Quarterly Yangon Condominium Market Report Q4 2018 provides an overview of the condo market in the final quarter of 2018 and insights into the 2019 year ahead.
"The moment is right for tenants looking for new office space as prices had softened quite a bit due to the increase in supply that came online during that time," says Colliers International Myanmar who have released their Yangon Leasing Guide 2019.
Plans for 30-year housing payment installment system welcomed by Colliers
Colliers International believes plans for a 30-year installment system within Yangon's housing market could be what is needed to bridge the city's affordable housing gap.
New Yangon Development Company Chief Executive Serge Pun has reiterated the processes of the company's challenge in response to "highly critical" articles about the initiative.